From AJQ's recent announcement. A good summary of what great potential LKO has:
EXISTING RESOURCES
1. Tight gas Strzelecki 2Tcf in Wombat, Trifon and Gangell fields, PRL2 – up to 4.5mmcfd flows
2. Gas reserve value ~$2bn
3. Potentially 6 billion tonnes brown coal
STRONG MARKETS
4. Extensive local infrastructure power generation and
industrial demand – early cash flows
4. Victorian gas projected to $8/GJ
PROMISING GAS DISCOVERIES
6. Moreys gas condensate discovery May 2012
7. Oil discoveries in Strzelecki and Rintouls – new oil play
PLANNED ACTIVITY
8. Drilling Yallourn Power 1 now and Otway Q1 2013
9. Fraccing ban to lift in 2013
- Forums
- ASX - By Stock
- LKO
- hancock prospecting takes stategic stake
hancock prospecting takes stategic stake , page-52
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $58.8K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LKO (ASX) Chart |
Day chart unavailable