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.
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Last
75.0¢ |
Change
-0.030(3.85%) |
Mkt cap ! $50.07M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 80.0¢ | 74.0¢ | $342.0K | 449.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9717 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 1000 | 1 |
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| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| LKO (ASX) Chart |