Wombat-5 Well, Gippsland Basin, Victoria, Drilling Update
Open PDF
| Stock | LKO.ASX (LKO.ASX) |
|---|---|
| Release Time | 19 Sep 2025, 9:38 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Wombat-5 Well Drilling Update, Gippsland Basin
Key Points
- Drilling operations at Wombat-5 well, side-track-2 (ST-2) in Gippsland Basin, Victoria
- Well has reached a depth of 2,394 mRT MD and 1,405 mRT TVD
- Further gas shows encountered in good quality sandstones
Full Summary
Lakes Blue Energy has provided an update on the drilling operations at the Wombat-5 well, side-track-2 (ST-2) in the Gippsland Basin, Victoria. As of 8:00 am AEST today, the well has reached a depth of 2,394 mRT MD and 1,405 mRT TVD, with a horizontal length of 842m. The 6-1/8' hole is intended to be drilled towards a total depth of approximately 3,050 mRT. No resistance or debris was noted on the way into the hole, indicating the hole is in good condition. Further gas shows of up to 1,336 units or 267,200ppm (26.72%, C1 to C5) were encountered in good quality fine to medium grained sandstones. The drilling operations are progressing as planned, and the company continues to monitor the well's progress.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In