LKO 0.00% $1.00 lakes blue energy nl

For what its worth Rob Annells is a trier and very genuine. He...

  1. 5,778 Posts.
    For what its worth Rob Annells is a trier and very genuine. He has kept LKO going on a shoestring.... Below is his actual report.


    At this stage, it has been difficult to measure the fluid inflow from the lower zone
    as gas and water from the upper zone at 1,420m is flowing into the wellbore at a
    higher rate and therefore impeding the oil flow from the lower zone.

    Our plan is now to run a production tubing string into Wombat 3 down to the oil
    zone which will enable us to more accurately assess the flow rate that can be
    achieved from the lower zone. We expect the flow rate to improve as the oil will
    not be impeded by the water flow from above. The reduced diameter of the
    production pipe will also assist in increasing the flow.
    Our other options include:

 
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