Diona-1 Well Operations Udate
Open PDF
| Stock | Xstate Resources Ltd (XST.ASX) |
|---|---|
| Release Time | 4 May 2026, 8:15 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Diona-1 Well Operations Update
Key Points
- Stimulation and flow testing operations at Diona-1 well progressing smoothly
- All zones successfully stimulated, with indications of methane gas detected during flowback
- Coil tubing unit milling out temporary plugs ahead of completion and 14-day flow testing
Full Summary
Xstate Resources Limited (ASX:XST) has provided an update on the operations at the Diona-1 well on ATP2077 (XST 51%/EXR 49%) located in the Surat-Bowen basin of South West Queensland. The stimulation and flow testing operations at the Diona-1 well are progressing smoothly and as per the Operator's schedule. All zones have been successfully stimulated, and the stimulation equipment is now being demobilised. During the routine flowback period post final stimulation, indications of methane gas were recorded on a hand held gas meter. The coil tubing unit is now in the process of milling out the temporary plugs ahead of running the completion. Following this process, the 14-day flow testing and pressure monitoring process will commence.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In