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Chart Forum » Stocks - ASX: short term (strictly TA) » XST_ XSTATE RESOURCES LIMITED

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Username: tryhay

Post Number: 1701
Registered: 09-2005

Rating: N/A
Votes: 0

Tuesday, January 17, 2017 - 10:00 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Scan shows XST_ XSTATE RESOURCES LIMITED is a likely Stan prospect.

Xstate Resources (XST) is an ASX listed company focussed on the oil and gas sector.

Xstate has adopted a sensibly contrarian strategy to unlock affordable, but highly prospective opportunities overlooked by industry participants. Currently this includes conventional gas and oil exploration onshore California with a focus on the Sacramento Basin. Xstate has successfully completed its due diligence and just executed a Purchase and Sales Agreement (“PSA”) to acquire two producing oil fields in the Los Angeles Basin

Weekly chart:


Happy trading DYOR

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