Lakes Blue Energy NL

Equities

LKO

AU000000LKO0

Oil & Gas Exploration and Production

Market Closed - Australian S.E. Other stock markets 08:04:34 2023-09-27 pm EDT			5-day change	1st Jan Change
1 ^AUD	-.--%		-.--%	-.--%

May. 14	Lakes Blue Energy, Gehyra Exploration Amend South Australian Arrowie Basin Farm-In Arrangements	MT
May. 07	Lakes Blue Energy Wholly Acquires Victoria's Petroleum Retention Lease 2	MT

Lakes Blue Energy Provides Update on Wellesely-2 Well in Queensland

February 15, 2022 at 01:15 am EST

Lakes Blue Energy NL announced that the target, Boxvale Formation was intersected at the Wellesely-2 well in Queensland. While the Formation was thinner and finer grained than prognosed, natural gas shows of 3 times background were encountered. The natural gas shows are from gas that is contained within cuttings from the drill-hole.

Gas from the Formation itself does not flow into the drill-hole since drilling is carried out with a mud-weight formulated to prevent flow of gas or liquids from the surrounding strata. The Company will complete drilling to designed total depth (TD) and will then carry out a straddle test to isolate the Boxvale Formation and assess the potential for gas flows from the Boxvale Formation in the Wellesley structure.

Latest news about Lakes Blue Energy NL

Lakes Blue Energy, Gehyra Exploration Amend South Australian Arrowie Basin Farm-In Arrangements	May. 14	MT
Lakes Blue Energy Wholly Acquires Victoria's Petroleum Retention Lease 2	May. 06	MT
Lakes Blue Energy NL agreed to acquire remaining 42.5% stake in Petroleum Retention Lease 2 from Jarden Corporation Australia Pty Ltd.	May. 06	CI
Lakes Blue Energy Completes 1-for-1,000 Share Consolidation	Dec. 07	MT
Lakes Blue Energy NL Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-25	CI
Lakes Blue Energy NL Announces Binding Terms for Farmout to Cooper Energy Limited of A 25.1% Interest in Pep 169, Victoria	23-10-22	CI
Lakes Blue Energy NL Announces Late Submission of 2023 Annual Report	23-10-02	CI
Lakes Blue Energy Seeks AU$1.7 Million from Entitlement Offer	23-09-08	MT
Lakes Blue Energy Selling 50% Interest in South Australian Petroleum Exploration License Applications	23-06-01	MT
Lakes Blue Energy NL Announces Change of Registered Address	22-11-16	CI
Lakes Blue Energy NL Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-29	CI
Lakes Blue Energy NL Auditor Raises 'Going Concern' Doubt	22-09-29	CI
Lakes Blue Energy Advances Sampling Program in Papua New Guinea	22-09-29	MT
Lakes Blue Energy NL Provides This Update Regarding Progress with the Outcrop Rock and Fluid Sampling Programme in the Cape Ward Hunt and Cape Vogel Peninsula Areas of Papua New Guinea	22-09-28	CI
Lakes Blue Energy Conducts Sampling Program at Papua New Guinea Prospect Areas	22-09-19	MT
Lakes Blue Energy NL Announces Papua New Guinea Work Program Underway	22-09-18	CI
Lakes Blue Energy NL, Armour Energy Limited and DGR Global Limited Announces New Otway Basin Exploration Prospect	22-07-25	CI
Lakes Blue Energy Enters Cooperation Deal for Papua New Guinea Petroleum Prospecting License	22-07-12	MT
Lakes Blue Energy NL Extension of Term of Petroleum Prospecting Licence 560, in Papua New Guinea	22-06-07	CI
Lakes Blue Energy NL Reports Earnings Results for the Half Year Ended December 31, 2021	22-03-15	CI
Victorian Government Approves Lakes Blue Energy's Work Programs for Victorian Petroleum Exploration Tenements	22-03-01	MT
Lakes Blue Energy NL Approves Victorian Work Programs	22-02-28	CI
Lakes Blue Energy NL Provides Exploration Update	22-02-22	CI
Lakes Blue Energy NL Announces Status of Drilling Operations At Wellesely-2, Surat Basin, Queensland	22-02-15	CI
Lakes Blue Energy Provides Update on Wellesely-2 Well in Queensland	22-02-15	CI

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Company Profile

Lakes Blue Energy NL (LKO) is an Australia-based company, which is engaged in the exploration for oil and gas within Australia and Papua New Guinea. Its projects include Nangwarry Carbon Dioxide, Wombat Gas Field, Trifon/Gangell Gas Field, Baragwanath Gas Field, Roma Shelf Project, Enterprise North, Otway-1, Portland Energy Project, and Buna. Through its subsidiary, Otway Energy Pty Ltd, the Company holds 50% of, and operates, PRL 249. PRL 249 contains the Nangwarry Carbon Dioxide Project. Through Gippsland, it focuses on Petroleum Retention Lease 2 (PRL2), within which the Wombat (100% LKO) and Trifon/Gangell (100% LKO) gas fields are located. It holds 100% of ATP 1183, which is located in the Roma Shelf area of Queensland. The Otway-1 well is a conventional well located adjacent to the existing lona gas field. The well shall be drilled to a depth of approximately 1,500 metres and target gas in both the Waarre Sands and the Eumeralla Formation, and oil in the Pebble Point Sandstone.

Sector

Oil & Gas Exploration and Production

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Other Oil & Gas Exploration and Production

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