LKO lakes blue energy nl

SpaceAce,The problem is repeating Wombat - you find gas, but...

  1. 2,834 Posts.
    SpaceAce,

    The problem is repeating Wombat - you find gas, but it's at such low flow rates to be uneconomic to connect up and sell.

    Drilling where you know the sandstone is tight is just asking for tro8uble in my opinion, whether it is in the Otway, Whicher Range or wherever.

    If you want gas, go play in the Cooper Basin - you'll find it more often than not, and at decent flow rates.

    As far as where, I'd say go long on oil. As long as you can.

    Ian Whitchurch


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
78.0¢
Change
-0.220(22.0%)
Mkt cap ! $45.84M
Open High Low Value Volume
88.0¢ 93.5¢ 69.0¢ $895.8K 1.181M

Buyers (Bids)

No. Vol. Price($)
3 31624 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.5¢ 1500 2
View Market Depth
Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
LKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.