News - Lakes Oil finds tight gas shows at onshore Gippsland Basin well.
Lakes Oil (ASX: LKO) has seen signs typical of a tight gas reservoir at its Holdgate-1 well in the onshore Gippsland Basin and has recovered sidewall cores indicating the presence of carbonaceous...
View ArticleNews - Lakes Oil granted trading halt on potential Victorian decision on...
Lakes Oil (ASX: LKO) has gone into a trading halt pending an announcement from the Victorian State Government that could affect the company’s operations.Victoria will reportedly introduce a moratorium...
View ArticleNews - Lakes Oil raising up to A$7.2M to fund drilling
Lakes Oil (ASX: LKO) is raising up to A$7.2 million to fund its drilling program at the onshore Gippsland and Otway Basins.The company is planning to drill with Armour Energy (ASX: AJQ) the Otway-1...
View ArticleNews - Lakes Oil drilling Gippsland Basin core hole
Lakes Oil (ASX: LKO) and Armour Energy (ASX: AJQ) are poised to drill a stratigraphic core hole to further its knowledge of carbonaceous source rocks encountered by a previous core hole in the...
View ArticleNews - Lakes Oil seeks to confirm Gippsland Basin oil play
Lakes Oil (ASX: LKO) has spudded a stratigraphic core hole designed to confirm the presence and thickness of a very rich carbonaceous sequence of shales, coals, siltstones and sandstones onshore...
View ArticleNews - Lakes Oil continues drilling of Gippsland Basin corehole
Lakes Oil (ASX: LKO) and Armour Energy (ASX: AJQ) are drilling ahead with their Yallourn Power-1 well onshore Gippsland Basin.The well is being drilled as a stratigraphic corehole between two Tertiary...
View ArticleNews - Lakes Oil secures $4.25M cash injection from Hancock Prospecting
Lakes Oil (ASX: LKO) has received a show of confidence with a subsidiary of Gina Rinehart’s Hancock Prospecting taking $4.25 million of a $6.3 million convertible notes issue.This will give Hancock a...
View ArticleNews - Lakes Oil Yallourn Power 1 well at depth of 454 metres; seeks oil source
Lakes Oil (ASX:LKO) has drilled its Yallourn Power 1 well to a depth of 454 metres at its PEP166 onshore Gippsland Basin.The primary target is the carbonaceous source rocks within Tyers Group. The well...
View ArticleNews - Lakes Oil completing Gippsland Basin oil shale core hole
Lakes Oil (ASX: LKO) and Armour Energy (ASX: AJQ) are now completing their Yallourn Power-1 core hole targeting oil prone shales in the onshore Gippsland Basin, Victoria, after completing logging...
View ArticleNews - Lakes Oil signs MoU with Sinopec for Gippsland Basin gas joint venture
Lakes Oil (ASX: LKO) has signed a memorandum of understanding with Sinopec, Asia’s largest refiner, to investigate a possible joint development of Lakes’ permits in the Gippsland Basin, Victoria.The...
View ArticleNews - Lakes Oil to drill onshore Wombat 5 gas well in Gippsland Basin,...
Lakes Oil (ASX:LKO) will open higher after submitting an application to drill the onshore Wombat 5 well in Victoria's Gippsland Basin in the new year.This follows a memorandum of understanding with...
View ArticleNews - Lakes Oil signs first agreement to supply gas to Simplot Australia
Lakes Oil (ASX:LKO) should trade firmer after signing a conditional letter of intent to supply Victorian gas to Simplot Australia.This letter of intent relates to one of two foundation agreements that...
View ArticleNews - Lakes Oil acquiring Otway Basin oil and gas permits
Lakes Oil (ASX:LKO) is acquiring the PEP 167 and PEP 175 oil and gas permits in the onshore Otway Basin, Victoria, from Bass Strait Oil Company (ASX:BAS). PEP 167 contains two play types - the...
View ArticleNews - Yellow Rock Resources, Lakes Oil, Legend Mining among Monday's ASX...
Monday's leading volume stocks on the ASX. CompanyCodeLastChangeVolume Yellow Rock Resources ASX:YRR $0.028 21.74% 59,279,656 Lakes Oil ASX:LKO $0.004 0% 46,949,919 Legend Mining ASX:LEG $0.011 10%...
View ArticleNews - Lakes Oil bags new oil and gas permits offshore Victoria
Lakes Oil (ASX:LKO) has been awarded two new permits in the offshore Gippsland Basin for exploration over the next six years.The permits are located close to shore, and close to existing oil and gas...
View ArticleNews - Lakes Oil, Sun Resources are the biggest ASX% Gainers intra-day
Thursday’s leading ASX % Gainers intra-day. NameCodeLastChangeVolume Lakes Oil ASX:LKO $0.003 50% 5,614,000 Sun Resources ASX:SUR $0.003 50% 13,585,049 Waratah Resources ASX:WGO $0.003 50% 390,000...
View ArticleNews - Lakes Oil issues notes after raising $4.12M
Lakes Oil (ASX:LKO) has issued and allotted 411,719 notes that raised $4.12 million for the company.A shortfall of $7.18 million in notes exists which the directors have reserved the right to place at...
View ArticleNews - Lakes Oil leads ASX% Gainers intra-day
Thursday’s leading ASX % Gainers intra-day. NameCodeLastChangeVolume Lakes Oil ASX:LKO $0.003 50% 1,167,500 Kairiki Energy ASX:KIK $0.004 33.3% 30,233 Silver Mines ASX:SVL $0.004 33.3% 400,000...
View ArticleNews - Lakes Oil is Tuesday's top ASX % Gainer intra-day
Tuesday's leading ASX % Gainers intra-day. Company NameCodeLastChangeVolume Lakes Oil LKO $0.002 100% 436,278 Lodestar Minerals LSR $0.051 82.14% 38,782,244 Lawson Gold LSN $0.060 71.43% 17,867 AnaeCo...
View ArticleNews - Lakes Oil among ASX % Gainers intra-day
Friday's leading ASX % Gainers intra-day. Company NameCodeLastChangeVolume Lakes Oil LKO $0.002 100% 4,750,000 Elixir Petroleum EXR $0.002 100% 500,000 AnaeCo ANQ $0.003 50% 31,500 Impact Minerals IPT...
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