$6.5 million Placement to Facilitate Drilling at Wombat 5
Filed with ASX · · 31 pages · English
• The placement will provide sufficient funds for the proposed drilling of Wombat 5 in Petroleum Retention Lease 2 as well as sufficient working capital for the year to 30 June 2026. • Post completion of the placement, the Company will be well funded and have a pro forma cash balance of ~$9.4 million. Lakes Blue Energy NL (Lakes, or the Company; ASX:LKO) is pleased to advise that it has received f
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Earlier from Lakes Blue Energy NL
- Wombat 5 Drilling Consent in Petroleum Retention Lease 2
- Long Term Suspended Entities
- Response to ASX Query
- PEP 169 Sale - second and final payment of $3.5m received
- Wombat-5 Operation Plan Submitted
Later from Lakes Blue Energy NL
- Disclosure Notice - Reinstatement to Quotation
- Reinstatement to Official Quotation
- Final Approvals Secured to Commence Drilling at Wombat-5
- Agreement Signed to Advance CO2 Opportunity at Nangwary, SAr
- Lakes Commences Drilling at Wombat-5 Well, Victoria
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