Borba Prospect, page-82

• INTERIM FINANCIAL REPORT

For the six months ended 30 June 2019 - page 3
"Xstate is pursuing a range of growth opportunities focused on expanding the Company’s asset base in its
core Sacramento Basin region and acquiring conventional oil production onshore North America. The
Board remains confident of closing a favourable transaction although timing is uncertain as commercial in confidence negotiations continue". IMO this will be sorted out by months end or by early October at the latest.

In confidence do you understand what that means?????
As if CRC are going to say anything????? International call wasted IMO
SGC are giving us the head ups....Cash call coming
Isn't Texas North America what happened to that?????????????????