Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
XState Resources Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
XState Resources Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
XState Resources Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
XState Resources Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 9
XState Resources Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
XState Resources Ltd, Oil & Gas, Deal Details 11
Asset Purchase 11
Bombora Natural To Acquire 20% Interest In Nine Gas Prospects In Sacramento Basin In California From Sacgasco And Xstate Resources For US$0.31 Million 11
Xstate Resources Acquires 10% Working Interest In Seven Producing Gas Wells And Related Assets In Sacramento Basin, California For US$0.0375 Million 13
Xstate Resources Acquires 50% Interest In High Island Block A549, Offshore Texas, For US$0.03 Million 14
Xstate Resources Acquires 16.667% Interest In West Brentwood Prospect In Northern California From Blue Sky International 15
Partnerships 16
Xstate Resources Forms Partnership With Australian Oil 16
Equity Offering 17
Xstate Resources Completes Private Placement Of Shares For US$0.37 Million 17
Xstate Resources Completes Private Placement Of Shares For US$0.22 Million 18
X State Resources Raises US$0.12 Million Through Issue Of Shares 19
Xstate Resources Completes Private Placement Of Shares For US$0.9 Million 20
Xstate Resources Completes Public Offering Of Shares For US$0.3 Million 21
Xstate Resources Completes Private Placement Of Shares For US$0.05 Million 22
Asset Transactions 23
Bombora Natural Energy To Farm-In 10% Working Interest In Alvares Gas Prospect In California From Xstate Resources And Sacgasco 23
Gulfsands Petroleum Completes Acquisition Of Additional 10% Interest Each In Kerkouane, Chorbane and Pantelleria Permits In Tunisia And Italy From Xstate Mediterranean For US$0.88 Million 24
Acquisition 26
Xstate Resources Acquires Remaining 24.1% Interest In Bombora Energy For US$0.15 Million 26
Xstate Resources Completes Acquisition Of 75.9% Stake In Bombora Energy For US$0.37 Million 27
XState Resources Ltd – Key Competitors 28
XState Resources Ltd – Key Employees 29
XState Resources Ltd – Locations And Subsidiaries 30
Head Office 30
Other Locations & Subsidiaries 30
Recent Developments 31
Recent Discoveries 31
Aug 21, 2017: Sacgasco: Four Gas Zones Confirms In Dempsey Well 31
Aug 14, 2017: Empyrean Energy Announces Dempsey 1-15 Natural Gas Well Drilling Update Multiple intervals Of Interpreted Significant Gas Shows Encountered 32
Drilling and Production Updates 33
Sep 04, 2017: Sacgasco Provides Update On Dempsey 1-15 Well 33
Aug 01, 2017: Empyrean Energy Drilling To Commence At 1Tcf+ Dempsey Natural Gas Well, Onshore California 34
Financial Announcements 36
Sep 08, 2017: Xstate Resources Provides Interim Financial Report To 30 June 2017 36
Other Significant Developments 37
May 07, 2018: Sacgasco Announces Commercial Gas Flows From Dempsey 1 37
Apr 16, 2018: Sacgasco Provides Dempsey Update 38
Mar 12, 2018: Empyrean Energy Announces Dempsey Testing Update 40
Mar 12, 2018: SGC: Dempsey Testing Update 41
Jan 17, 2018: Empyrean Energy: Production And Sale Of Gas From Dempsey 1-15 Well Commences 42
Dec 08, 2017: Empyrean Energy Dempsey 1-15 Well Second Zone To Be Placed On Production Pending Stimulation 43
Nov 14, 2017: Pancontinental Oil & Gas Provides Dempsey Gas Zone Testing Update 44
Oct 20, 2017: Sacgasco: Dempsey Gas Well Update – Completion Rig On Location 45
Oct 04, 2017: Sacgasco Provides Operations Update On Dempsey Gas Well 46
Sep 18, 2017: Empyrean Energy: Dempsey Gas Well To Flow Test Multiple Zones 47
Aug 30, 2017: Xstate Resources Provides Legal Update On Non‐Payment Of A$25 Million In Subscription Funds 49
Aug 14, 2017: Pancontinental Oil & Gas Fully Funded For Three Wells 50
Jul 10, 2017: Pancontinental Provides Sacramento Basin Update 52
May 25, 2017: Sacgasco Provides Operations Update & Ready To Turn To Right On Dempsey 54
May 15, 2017: Xstate Resources Announces Change Of Office Address 56
Mar 28, 2017: Xstate Resources: Subscription Agreements And LA Basin Acquisition Update 57
New Contracts Announcements 58
Jul 10, 2017: Empyrean Energy Announces Drilling Contract Signed For 1Tcf+ Dempsey Well, Onshore California 58
Appendix 59
Methodology 59
About GlobalData 59
Contact Us 59
Disclaimer 59
XState Resources Ltd, Oil & Gas, Key Facts, 2017 2
XState Resources Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
XState Resources Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
XState Resources Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
XState Resources Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
XState Resources Ltd, Deals By Sector, 2012 to YTD 2018 9
XState Resources Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Bombora Natural To Acquire 20% Interest In Nine Gas Prospects In Sacramento Basin In California From Sacgasco And Xstate Resources For US$0.31 Million 11
Xstate Resources Acquires 10% Working Interest In Seven Producing Gas Wells And Related Assets In Sacramento Basin, California For US$0.0375 Million 13
Xstate Resources Acquires 50% Interest In High Island Block A549, Offshore Texas, For US$0.03 Million 14
Xstate Resources Acquires 16.667% Interest In West Brentwood Prospect In Northern California From Blue Sky International 15
Xstate Resources Forms Partnership With Australian Oil 16
Xstate Resources Completes Private Placement Of Shares For US$0.37 Million 17
Xstate Resources Completes Private Placement Of Shares For US$0.22 Million 18
X State Resources Raises US$0.12 Million Through Issue Of Shares 19
Xstate Resources Completes Private Placement Of Shares For US$0.9 Million 20
Xstate Resources Completes Public Offering Of Shares For US$0.3 Million 21
Xstate Resources Completes Private Placement Of Shares For US$0.05 Million 22
Bombora Natural Energy To Farm-In 10% Working Interest In Alvares Gas Prospect In California From Xstate Resources And Sacgasco 23
Gulfsands Petroleum Completes Acquisition Of Additional 10% Interest Each In Kerkouane, Chorbane and Pantelleria Permits In Tunisia And Italy From Xstate Mediterranean For US$0.88 Million 24
Xstate Resources Acquires Remaining 24.1% Interest In Bombora Energy For US$0.15 Million 26
Xstate Resources Completes Acquisition Of 75.9% Stake In Bombora Energy For US$0.37 Million 27
XState Resources Ltd, Key Competitors 28
XState Resources Ltd, Key Employees 29
XState Resources Ltd, Subsidiaries 30
List of Figures
XState Resources Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
XState Resources Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
XState Resources Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
XState Resources Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
XState Resources Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
XState Resources Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 7
XState Resources Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
XState Resources Ltd, Oil & Gas, Deals by Sector, 2012 to YTD 2018 9