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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Latest news

Vintage Energy targets food-grade CO₂ market with Nangwarry gas development
Vintage Energy (ASX: VEN) is confident it can add to its successes at the Vali and Odin fields with the development of the Nangwarry project in South Australia. While the company’s major focus remains on the growth of Vali and Odin and its gas sales to the energy-hungry east coast market, Vintage has also identified […]

Vintage Energy upgrades Nangwarry carbon dioxide resource
Oil and gas explorer Vintage Energy (ASX: VEN) has announced an upgrade to the carbon dioxide resource estimate of its Nangwarry field in South Australia’s onshore Otway Basin. Following the independent review of data from extended flow testing of the Nangwarry-1 well, the Nangwarry best case saleable carbon dioxide resource estimate has been revised from […]

Fracking in Australia set to change thanks to improved technology
Fracking. The word itself can lure interest, as well as opposition. It has even divided the nation politically. This gas extraction method has been used since the 1940s, although it has truly come to the fore in the last decade thanks to North America’s shale oil and gas boom. The technology has evolved over time, […]
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