Directors of Lakes Oil N.L. (LKO) and its new partner Armour Energy Ltd advise that they intend to drill Moreys 1 (potential gas well) located in PEP 169, onshore Otway
Basin, Victoria, commencing 18th April 2012.
The conventionally drilled well is expected to reach target depth in approximately 10 days. A commercial gas discovery in Moreys 1 could result in early cash flow to Lakes Oil and its partner Armour Energy Ltd, subject to suitable gas sales agreements.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.30 |
Change
0.070(5.69%) |
Mkt cap ! $88.76M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.36 | $1.22 | $157.5K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2544 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| LKO (ASX) Chart |