Lakes Blue Energy NL (ASX:LKO) is a junior energy explorer, listed on the ASX since December 1985 with assets across southern and eastern Australia (and PNG). As part of its return-to-trading conditions the company has recently completed the drilling of the Wellesley-2 prospect, which was unfortunately plugged and abandoned as an unsuccessful well. The focus of activity will move to the company’s Victorian opportunities, most critically the drilling of the Wombat Gas Project (Wombat-5) and Otway ....
