Xstate Resources Limited (XST.AX)

0.0130 +0.0030 (+30.00%) At close: 03:56PM AEDT

Xstate Resources Limited

31 Cliff Street
Level 1
Fremantle, WA 6160
Australia
61 8 9435 3200
https://www.xstateresources.com.au

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andrew Ross Childs B.Sc.	Exec. Chairman	67.2k	N/A	1959
Mr. David Maxwell McArthur B.Comm.	Joint Company Sec.	79.52k	N/A	1963
Mr. Jordan McArthur	Joint Company Sec.	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Xstate Resources Limited, together with its subsidiaries, engages in the exploration and production of oil and natural gas properties in the United States. The company holds a 25% working interest (WI) in Red Earth and 35% WI in Alberta Plains located in Canada; 20% WI in Anshof-3 exploration well located in Austria; and 33.33% WI in Borba Natural Gas Prospect Drilling located in California, as well as has various WIs between 10% and 30% in oil and gas leases in Sacramento Basin, California. It also has an 12% interest in the King Brown gold tenement. The company was incorporated in 1987 and is based in Fremantle, Australia.

Corporate governance

Xstate Resources Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.