XST 10.0% 1.1¢ xstate resources limited

Ann: Anshof-3 Flows Clean Oil to Surface, page-2

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    Announcement to ASXANSHOF-3 FLOWS CLEAN OIL TO SURFACEXstate Resources Limited (ASX: XST) (“Xstate”, “XST” or “the Company”) is pleased to inform its shareholders and the market of the results of the production test at Anshof-3, in which Xstate has 20% working interest.Electronic lodgement

    • Water free oil produced to surface at approximately 75 barrels of oil per day (gross) from Anshof-3
    • Well productivity is within initial expectations and has now been shut in for build-up
    • Oil rates in subsequent wells on the flank of the structure where reservoirs areexpected to thicken are likely to result in significantly higher production rates.
 
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