| $27 |
Change in substantial holding from NPM
|
19 Sep 2025 8:17AM |
$1.230 |
$0.285 |
fallen by
76.83%
|
|
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
18 Sep 2025 9:33AM |
$1.300 |
$0.285 |
fallen by
78.08%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy provided an update on the Wombat-5 drilling operations.
- The well had reached a depth of 2,297 mRT MD as of the report.
- Gas shows of up to 458 units were encountered during drilling.
- The drilling target is the Strzelecki Formation.
- No health, safety, or environmental incidents were reported.
- The Rotary Steerable System (RSS) was to be used for further drilling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Change in substantial holding from NPM
|
17 Sep 2025 12:48PM |
$1.355 |
$0.285 |
fallen by
78.97%
|
|
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
17 Sep 2025 10:05AM |
$1.350 |
$0.285 |
fallen by
78.89%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Current well depth is 2,273 meters MD.
- Horizontal length of 721 meters achieved.
- Significant gas shows up to 31% detected.
- Target formation is the Strzelecki Formation.
- Total target depth is approximately 3,050 meters MD.
- No lost time injuries reported.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
16 Sep 2025 9:09AM |
$1.420 |
$0.285 |
fallen by
79.93%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Wombat-5 well has reached a current depth of 2,200 m measured depth (MD) and 1,400 m true vertical depth (TVD).
- The horizontal length of the well is 678 meters with no progress in the last 24 hours.
- The current hole size is 6-1/8 inches with the last casing point set at 1,549.1 m MD and 1,392 m TVD.
- The current formation being drilled is the Strzelecki Formation.
- A cement bond log (CBL) was run along the length of the 7-inch casing from 1,500 mRT to surface.
- Minimal damage was found on the bottom hole assembly (BHA) due to abrasive metal debris.
- A new directional BHA is being run to continue drilling to a total depth of approximately 3,050 m MD.
- The drilling update was authorized by the Board of Lakes Blue Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
15 Sep 2025 9:42AM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- The Wombat-5 well in the Gippsland Basin, Victoria, is currently at a depth of 2,200 meters.
- Drilling operations have faced issues with slow penetration rates and increased torque.
- There was a suspected dislodgment of a drillable reamer shoe, which is being inspected.
- Gas shows of up to 590 units or 118,000 parts per million were noted.
- The targeted Strzelecki Formation is gas-saturated with good quality sandstones.
- No health, safety, and environmental incidents have been reported.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Proposed issue of securities - LKO
|
12 Sep 2025 5:26PM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
| $27 |
Capital Raising Presentation
|
12 Sep 2025 5:26PM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
| $27 |
Successful $5.8 million Placement
|
12 Sep 2025 5:25PM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy NL announced a successful $5.8 million capital raise.
- The funds will be used to advance the Wombat Project, targeting near-term cash flow opportunities.
- The placement involves issuing approximately 5.04 million fully paid ordinary shares at $1.15 per share.
- Tranche 1 of the shares will be issued under the company's existing ASX placement capacity.
- The placement included participation from an entity associated with the company's non-executive director, Mr. Nick Mather.
- Morgans Financial Limited acted as the lead manager for the placement.
- A 6% fee plus GST is payable to Morgans Financial Limited based on the total amount raised in tranche one.
- Drilling at the Wombat-5 well has shown excellent gas results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Trading Halt
|
12 Sep 2025 9:11AM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy NL requests trading halt.
- Trading halt due to a proposed equity raise.
- Halt effective until 16 September 2025 or announcement release.
- Company sees no reason against the trading halt.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
12 Sep 2025 8:26AM |
$1.750 |
$0.285 |
fallen by
83.71%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy NL updates on Wombat-5 Well drilling operations.
- Drilling has reached 2,122 metres in measured depth and 1,402 metres in true vertical depth.
- Horizontal drilling has extended to 570 metres.
- Significant gas shows found in Upper Strzelecki Formation.
- Minor discrepancies in well direction being addressed.
- No health, safety, or environmental incidents reported.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
11 Sep 2025 9:55AM |
$1.250 |
$0.285 |
fallen by
77.20%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- The well is currently drilling horizontally through the Upper Strzelecki Formation.
- Significant gas shows of up to 2,910 units have been encountered.
- The current depth is 1,899 meters MD and 1,399 meters TVD.
- Drilling progress over the last 24 hours is 320 meters.
- The well is encountering good quality sandstones.
- The operation has reported no health, safety, or environmental incidents.
- Further gas shows are expected as the well approaches the Wombat-3 well location.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
10 Sep 2025 10:07AM |
$1.340 |
$0.285 |
fallen by
78.73%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy is providing an update on the drilling operations at Wombat-5 in Gippsland Basin, Victoria.
- The current depth of the well is 1,612 mRT MD with a horizontal length of 60 meters drilled in 24 hours.
- Gas shows comprising methane, ethane, propane, butane, and pentane have been recorded up to 81 units.
- The drilling aims to reach a total depth of 3,050 mRT MD targeting the Strzelecki Formation.
- The update highlights increasing natural gas readings and anticipates reaching commercial production levels.
- Roland Sleeman, Chairman of Lakes Blue Energy, expresses optimism about the gas shows in the Strzelecki Formation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
9 Sep 2025 11:08AM |
$1.300 |
$0.285 |
fallen by
78.08%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Wombat-5 Well drilling update in Gippsland Basin
- Current depth is 1,552 meters MD and 1,392.6 meters TVD
- Targeting the Strzelecki Formation
- 7” casing set at 1,549 meters RT MD
- Preparation to drill a 1,500-meter horizontal well
- No health, safety, or environmental incidents reported
- Update authorized by the Board of Lakes Blue Energy
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
8 Sep 2025 10:13AM |
$1.245 |
$0.285 |
fallen by
77.11%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy provided a drilling update for Wombat-5, side-track-2 (ST-2) in the Gippsland Basin, Victoria.
- The well has been drilled to a depth of 1,552 mRT MD and has progressed 82 meters from the previous day.
- The current formation is the Strzelecki Formation, which is the target formation and gas resource reservoir host.
- Gas shows, including methane, ethane, propane, butane, and pentane, were recorded in increasing quantities.
- The natural gas shows are consistent with previous evidence from Wombat-2 and Wombat-3 wells.
- The aim is to drill a 1,500-meter horizontal well to a target depth of 3,050 mRT MD.
- The announcement was authorized by the Board of Lakes Blue Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
5 Sep 2025 10:21AM |
$1.140 |
$0.285 |
fallen by
75%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Drilling update on Wombat-5 Well in Gippsland Basin.
- Current depth is 1,470 mRT MD in the Strzelecki Formation.
- Initial natural gas shows detected, including methane, ethane, and propane.
- Gas shows are increasing, consistent with previous wells Wombat-2 and Wombat-3.
- Planned 1.5 km horizontal production zone in the gas reservoir.
- Company expresses confidence in potential gas production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
4 Sep 2025 9:36AM |
$1.120 |
$0.285 |
fallen by
74.55%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Wombat-5 well drilling update in Gippsland Basin.
- Current depth achieved is 1,408 metres.
- A mud pump issue has paused drilling temporarily.
- Target formation is the Strzelecki Formation at 1,360 mRT (TVD).
- 34 days into the spud with 14 metres progress in the last 24 hours.
- No health and safety incidents reported.
- 7-inch casing to be set in approximately 130 metres.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
4 Sep 2025 9:36AM |
$1.120 |
$0.285 |
fallen by
74.55%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Drilling operations update at Wombat-5 well, Gippsland Basin.
- Current depth: 1,408 mRT, 34 days from spud.
- Target formation: Strzelecki Formation, expected within 10 metres.
- Last casing point set at 302.4 mRT.
- Repairing mud pump, drilling paused at 1,408 mRT.
- No lost time injuries reported.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
3 Sep 2025 9:11AM |
$1.050 |
$0.285 |
fallen by
72.86%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Wombat-5 Well current depth is 1,394 mRT.
- No progress in depth over the last 24 hours.
- Target formation is the Strzelecki Formation at 1,360 mRT.
- 7-inch casing point is planned for approximately 1,530 mRT.
- No lost time injuries reported.
- Directional drilling to reach 88-degree inclination.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
3 Sep 2025 9:11AM |
$1.050 |
$0.285 |
fallen by
72.86%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Drilling update for Wombat-5 Well in Gippsland Basin, Victoria.
- Current well depth is 1,394 meters with no progress in the last 24 hours.
- Current formation is Latrobe Group; target formation is Strzelecki Formation.
- Expected to encounter Strzelecki Formation in approximately 20 meters.
- 7-inch casing point targeted at around 1,530 meters with inclination increase to 88 degrees.
- No lost time injuries reported.
- Update authorized by Lakes Blue Energy Board.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
2 Sep 2025 10:06AM |
$1.100 |
$0.285 |
fallen by
74.09%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy provides an update on Wombat-5 well drilling in the Gippsland Basin.
- As of the latest update, the well has reached a depth of 1,394 meters below the rotary table.
- Drilling progress has been paused to restore surface fluid volumes.
- The well is currently at an angle of 53 degrees, targeting the Strzelecki Formation.
- The Strzelecki Formation is expected to be encountered within 20 meters true vertical depth upon resumption.
- The company aims to drill to a depth of approximately 1,530 meters measured depth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
2 Sep 2025 10:06AM |
$1.100 |
$0.285 |
fallen by
74.09%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy provides update on Wombat-5 well.
- Current depth is 1,394 meters RT with no progress in last 24 hours.
- Target formation is the Strzelecki Formation.
- Directional BHA positioned at the casing shoe.
- Operations paused to restore fluid volumes.
- Drilling to continue to approximately 1,530 meters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria. Drilling Update
|
1 Sep 2025 10:16AM |
$1.105 |
$0.285 |
fallen by
74.21%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Current depth of Wombat-5 Well is 1,394 meters.
- Target formation is the Strzelecki Formation at 1,360 meters depth.
- Recent drilling progress was 165 meters in 72 hours.
- A mechanical failure delayed operations due to human error.
- Drilling inclination is currently at 53 degrees.
- No health, safety, and environmental incidents reported.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria. Drilling Update
|
1 Sep 2025 10:16AM |
$1.105 |
$0.285 |
fallen by
74.21%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Wombat-5 well drilling update in Gippsland Basin, Victoria.
- Drilling depth reached 1,394 mRT after 31 days.
- Target formation is the Strzelecki Formation.
- Mechanical failure caused delay; repairs completed.
- New equipment deployed for continued drilling.
- Zero lost time injuries reported.
- Board of Lakes Blue Energy authorised the announcement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| $27 |
Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
|
29 Aug 2025 9:11AM |
$1.145 |
$0.285 |
fallen by
75.11%
|
|
LKO - Price-sensitive ASX Announcement
Full Release
Key Points
- Lakes Blue Energy NL provided a drilling update for Wombat-5 well.
- The well is located in the Gippsland Basin, Victoria.
- Current depth is 1,259 meters, with a target formation depth of 1,360 meters.
- No health, safety, or environmental incidents reported.
- The drilling faced delays due to a mud-motor failure, which has been resolved.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
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