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Oil & Gas

Xstate Resources Ltd has an acquisition on the table

Xstate Resources Ltd is preparing to reveal an acquisition.

Xstate Resources Ltd (ASX:XST) has some interesting news pending in the form of an acquisition.

The ASX has granted Xstate a trading halt, with its shares placed in pre-open.

The halt will remain in place until the opening of trade on Friday 4th November 2016, or earlier if an announcement is made to the market.