Very interesting.....
"Based on an active business development program coupled with ongoing prudent cost management initiatives and the potential drilling of the high impact Dempsey gas well, Xstate anticipates an exciting start to 2017."
"As a result, the Company has commenced preliminary due diligence and is discussing a potential deal structure on a particularly attractive acquisition onshore California that is currently in production."
"It is expected the Company will continue to review and pursue additional opportunities in the current quarter whilst progressing discussions on the high‐graded Californian production asset".
Very interesting..... "Based on an active business development...
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