Lakes Blue Energy NL (AU:LKO) has released an update.
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Lakes Blue Energy NL has submitted an Operation Plan to the Victorian Regulator for drilling the Wombat-5 well in Gippsland, a significant step toward its mid-2025 goal. The plan details safety and environmental measures, awaiting regulatory consent. This well aims to unlock a promising gas resource, potentially flowing at 10 TJ/day, opening commercial opportunities.
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