

Xstate Resources (ASX: XST)
80 posts

@XstateResources
Xstate Resources (ASX: XST) is an oil & gas explorer in QLD, targeting stacked gas reservoirs at the drill-ready Diona Prospect near existing infrastructure.



We’re unlocking Australia’s fuel security.
















$XST Xstate Resources Managing Director Andrew Bald on the Queensland Premier’s visit to the Taroom Trough. @XstateResources @Stew_Walters #ASX #XST #Energy






By streamlining infrastructure and regulatory frameworks, the State is accelerating the transformation of this basin into a critical domestic energy hub. @XstateResources (ASX: XST) is well-positioned within this landscape, with the Diona-1 well advancing toward flow testing and a clear pathway to potential production and sales of both gas and condensate. The push for "National Interest" status for this project is essential to remove regulatory duplication and bring mass production to market sooner. A major win for Queensland’s economy and Australia’s long-term energy resilience. #EnergySecurity #TaroomTrough #QueenslandMining #AustraliaEnergy #FuelSecurity

We're streamlining the Taroom Trough development to lock in Australia's fuel security - we need the Federal Government to do the same.

Strong coverage from @9Australia of Premier @DavidCrisafulli and Resources Minister @DaleLast1 MP at @Shell’s Bathurst-9 in the Taroom Trough, with $OMA CEO & MD Trevor Brown also on site. A key outcome is the Taroom Trough Development Plan via the Coordinator-General. $OMA.ax

Drill it. Refine it. Store it. We’re unlocking the Taroom Trough to lock in Australia’s fuel security.

Good morning from the Taroom Trough - the first oil field to be developed in Australia for half a century. National fuel security is about drilling, refining and storing fuel locally and we’re determined to lead the country and make it happen. We’re streamlining this project under the new Taroom Trough Development Plan - and today we’re calling on the Federal Government to do the same. We’re asking for it to be assessed under the National Interest Fast-Track Assessment Pathway to remove duplicated approvals and get fuel flowing to Australians quicker. This is a generational opportunity to ensure we’re not left at the end of a global supply chain.

Today we're heading to the Taroom Trough - the first oil field to be developed in Australia for 50 years.