This is as much as Lakes can humanly do. We have a great well in Vic ready to go to best knowledge, it should be viable and once running, we will have the money and investment interest to develop the other wells.
We really need a break now and with any luck no holdups, and commercial gas in a year or two? The SA CO2 issue will limp on with cost vs output and hopefully we can make some money from that well and keep it all moving forward. As far as bad news and kicks in the guts, i think Lakes has broken all records of bad luck, but we persevere and will end up maybe being a major player and bring some sanity to the long suffering Victorians and east coast in general who dont even know there is a ban and their bills are so much higher all from irrational ideology instead meeting a energy demand that is needed and should have been filled long ago but sadly a few dont see it that way, but LKO will have the last word when these unprecedented bans are removed and normality can be returned... Good to see the Fed Libs also supporting to..
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Ann: Onshore Conventional Petroleum Exploration in Victoria, page-5
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