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$1.00 lakes blue energy nl

thanks - the "along trend from reported Japanese WW2 production"...

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avtek

359 Posts.

63

13/07/22

19:33

Post #: 62521820
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Originally posted by nonentropic: ↑

This came out of the Rawson acquisition.
They had built a very solid position in PNG but out of their scale.

PNG is basically an oil and gas province but hugely difficult to drill wells there, don't even mention seismic the cost is stupendous. Combine that with very complex geology and yet its a very significant LNG source for SE Asia.

This sits in the offshore along trend from reported Japanese WW2 production, offshore wells are cheap, relatively, being close Asia and an LNG supply radius for Asia you can only dream about.
Total are interested for a reason!!!

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thanks - the "along trend from reported Japanese WW2 production" bit is super interesting - where would we find out more about that? - i tried googling but came up with a few pages of nothing -

LKO Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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