XST 0.00% 1.1¢ xstate resources limited

smoke signals everywhere

  1. 5,300 Posts.
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    Smoke signals everywhere;

    - market cap only $3m
    - Paul Cartwright a senior oil and gas analyst at Hartleys stockbrokers takes a 6% stake in XST
    - Paul Cartwright joins the XST board and becomes MD
    - Chris Hodge from ROC Oil joins the board
    - acquired a stake in producing gas wells
    - in conjunction with AOC has access to 200 square miles of high quality proprietary 3D seismic data worth over $US 50 million
    - AOC mentions that a number of attractive drillable prospects have been identified from the data set
    - XST partner AOC up over 400% in the last few months
    - the words "creation of significant value" have been used in the last few XST announcements.
    - XST presentation at the recent good oil conference conference mentions "emphasis on high potential plays"
    - presentation concludes with "XST will be exposed to exploration and drilling opportunities with the potential to materially increase its market capitalisation"
    - Announces that it plans to drill world class targets in fisrt half of 2014


    - etc etc
 
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