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Xstate Resources Appoints New Non-Executive Chairman Amid Strategic Focus on Diona Block

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Xstate Resources Appoints New Non-Executive Chairman Amid Strategic Focus on Diona Block

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Xstate Resources Limited ( (AU:XST) ) has issued an announcement.

Xstate Resources Limited has announced the appointment of Mr. Greg Channon as the new Non-Executive Chairman. Mr. Channon, a seasoned geologist with over 35 years of experience in the oil and gas industry, will play a crucial role in overseeing the drilling operations of the Diona-1 well. The change in leadership comes as the company continues to focus on its recently acquired controlling interest in the Diona block, with Mr. Andrew Childs transitioning to a Non-Executive Director role and swapping committee responsibilities with Mr. Channon.

More about Xstate Resources Limited

Xstate Resources Limited is an ASX-listed company focused on the oil and gas sector, with exploration assets located in Queensland, Australia, and the Sacramento Basin, California.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.89M

Find detailed analytics on XST stock on TipRanks’ Stock Analysis page.

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