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:
- Forums
- ASX - By Stock
- significant oil shows...
LKO
lakes blue energy nl
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22.0%
!
78.0¢

For what its worth Rob Annells is a trier and very genuine. He...
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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($) | Vol. | No. |
---|---|---|
78.5¢ | 1500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31624 | 0.750 |
2 | 3470 | 0.730 |
1 | 4981 | 0.720 |
1 | 25000 | 0.700 |
1 | 10000 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.785 | 1500 | 2 |
0.790 | 13400 | 2 |
0.795 | 1000 | 1 |
0.800 | 66909 | 7 |
0.840 | 13192 | 1 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
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