Lakes Blue Energy NL
Lakes Blue Energy NL (LKO) is an Australia-based company, which is engaged in the exploration for oil and gas within Australia and Papua New Guinea.
The business
Lakes Blue Energy NL (LKO) is an Australia-based company, which is engaged in the exploration for oil and gas within Australia and Papua New Guinea. Its projects include Nangwarry Carbon Dioxide, Wombat Gas Field, Trifon/Gangell Gas Field, Baragwanath Gas Field, Roma Shelf Oil and Gas Project, Enterprise North, Otway-1, Portland Energy Project, and Buna. Through its subsidiary, Otway Energy Pty Ltd, the Company holds 50% of, and operates PRL 249. PRL 249 contains the Nangwarry Carbon Dioxide Project. Through Gippsland, it focuses on Petroleum Retention Lease 2 (PRL2), within which the Wombat (100% LKO) and Trifon/Gangell (57.2% LKO) gas fields are located. It holds 100% of ATP 1183, which is located in the Roma Shelf area of Queensland. ATP 1183 contains multiple oil and gas exploration targets, including Wellesley, Riverslea Updip, Major, Emu Apple, and Bendee, with significant conventional prospective resource potential.
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