Aug 21 (Reuters) - Xstate Resources Ltd XST.AX :
* CLARIFIES ON TERMINATION OF CHAMPION PROJECT FARM-IN AGREEMENT
* TERMINATION OF AGREEMENT WAS DUE TO SIGNIFICANT DELAYS IN TIMING OF DRILLING INTENDED WELL, NOT WELL COSTS AS PREVIOUSLY STATED
Aug 21 (Reuters) - Xstate Resources Ltd XST.AX :
* CLARIFIES ON TERMINATION OF CHAMPION PROJECT FARM-IN AGREEMENT
* TERMINATION OF AGREEMENT WAS DUE TO SIGNIFICANT DELAYS IN TIMING OF DRILLING INTENDED WELL, NOT WELL COSTS AS PREVIOUSLY STATED