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07 November 2024
Name: | LAKES OIL NL (LKO) (This company subsequently changed its name to LAKES BLUE ENERGY NL. You should refer to that name for Status.) | ||||||
ISIN: | AU000000LKO0 | ||||||
Date of Listing: | 05 December 1985 | ||||||
Subsequent Names: |
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Former Names: |
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Stock Exchange Status: (updated daily)
This company subsequently changed its name to LAKES BLUE ENERGY NL. You should refer to that name for Stock Exchange Status.Legal Status: (updated monthly)
ACN: 004 247 214ABN: 62 004 247 214
Registration Date: 23 September 1946
Capital Gains Tax (CGT) Status: (updated at least quarterly)
This company subsequently changed its name and is now LAKES BLUE ENERGY NL. You should refer to that name for Capital Gains Tax Status.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
FROM | TO | |
LAKES BLUE ENERGY NL | 26/03/2021 | |
LAKES OIL NL | 03/10/1994 | 26/03/2021 |
LAKES OIL LIMITED | 03/10/1994 |
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
Expand this box to read and print
name changed to Lakes Blue Energy NL | 26/03/2021 |
The company releases the results of its meeting. | 23/03/2021 |
The company releases its Chair Address and AGM Presentation. | 23/03/2021 |
As a result of the expiration of the Corporations (Coronavirus Economic Response) Determination (No. 3) 2020 on 21 March 2021, from 22 March 2021, companies are required to revert to the pre-COVID-19 position under the Corporations Act 2010 (Cth), which will require general meetings to be held at a physical location. In addition to the webinar, the directors have determined to conduct the AGM at following address: C/o Leydin Freyer Corp Pty Ltd Level 4, 96-100 Albert Road, South Melbourne VIC 3205. | 23/03/2021 |
Extended production testing of the Nangwarry-1 well scheduled for mid-March 2021 following further COVID-19 related delays. Test program to confirm quality, deliverability and size of Nangwarry carbon dioxide resource. | 05/03/2021 |
The company's general meeting will be held virtually via a webinar conferencing facility at 11.00am (AEDT) on 23 March 2021. | 19/02/2021 |
The company releases an Appendix 3G. | 18/02/2021 |
Extended production testing of the Nangwarry-1 well scheduled for mid-late February 2021. Test program to confirm quality, deliverability and size of Nangwarry carbon dioxide resource. | 05/02/2021 |
The company lodges its Quarterly Activities and Cashflow Report December 2020. | 19/01/2021 |
The following unlisted options have lapsed on 8 January 2021 in accordance with their terms: LKOAA, 30,308,000 at 0.5 cents per option. | 18/01/2021 |
The company lodges a revised version of its Annual Report. | 13/01/2021 |
The company lodges the following: Quarterly Activities and Cashflow Report June 2020, Quarterly Activities and Cashflow Report March 2020, Quarterly Activities and Cashflow Report September 2020. | 08/01/2021 |
The company releases an Appendix 4G and Corporate Governance Statement. | 29/12/2020 |
The company lodges its 2020 Annual Report to Shareholders. | 29/12/2020 |
The company lodges its Financial Report for the Half-Year Ended 31 December 2019. | 29/12/2020 |
Two million dollars raised through placement of Convertible Notes with associated royalty entitlement. Additional $1.1m of Convertible Notes with associated royalties to be issued to Directors as settlement of short term loans. Funds raised will be used for ongoing exploration and appraisal activities, including Nangwarry-1 flow test program, and will assist in securing approval for resumption of trading of the Company's shares on ASX. | 23/12/2020 |
The company releases an Appendix 3G. | 22/12/2020 |
Term of PNG Petroleum Prospecting Licence 560 extended by three years to December 2025. Extension of term compensates Lakes Oil for time lost as a consequence of unlawful cancellation of prospecting licence by previous Minister for Petroleum and Energy. PPL 560 contains the Buna Prospect, which in turn contains seismic anomalies consistent with a gas-bearing reservoir and represents one of the largest undrilled hydrocarbon structures in PNG. | 05/11/2020 |
The company releases an Appendix 2A. | 14/10/2020 |
The company releases an Appendix 3G. | 14/10/2020 |
The company releases the results of its general meeting. | 22/09/2020 |
Lakes Oil continues with endeavours to support resumption of share trading. Lakes Oil has acquired funding of approx. $4.8m since December 2019. General Meeting to be held on 22 September 2020 to, among other things, facilitate ongoing capital raising through issue of Convertible Notes. Work to be carried out to allow resumption of Victorian onshore exploration as soon as possible after 30 June 2021. Nangwarry (50% owned, and operated, by Lakes Oil subsidiary) estimated to contain 25 Billion standard cubic feet of carbon dioxide sales gas. Flow testing to take place later this year. Memorandum of Understanding already in place to progress toward development of Nangwarry. Realisation of the potential of Lakes Oil's portfolio of assets to deliver capital growth for Shareholders. | 17/09/2020 |
The company releases an Investor Presentation. | 16/09/2020 |
Independent estimate of Nangwarry carbon dioxide sales gas quantity prepared by ERC Equipoise Pte Ltd.Best estimate is that Nangwarry contains 25.1 Bscf (12.5 Bscf net to Lakes Oil) of saleable carbon dioxide.Memorandum of Understanding already in place with Supagas Pty Ltd for preliminary design and costing of carbon dioxide processing facility for Nangwarry. Through its subsidiary, Otway Energy Ltd, Lakes Oil has 50% interest in, and is Operator of, Nangwarry. | 31/08/2020 |
Vintage Energy provides an update on Nangwarry. Recoverable CO2 independently assessed and booked. Gross recoverable estimates are: Low of 7.8 Bcf, Best of 25.1 Bcf, High of 82.1 Bcf. MOU signed with Supagas for the preliminary design and costing of facilities. Testing plans being advanced. | 31/08/2020 |
The PEL 155 onshore Otway Basin joint venture advises that a non-binding memorandum of understanding with Supagas was signed. Planning is underway for Nangwarry-1 flow test. Considering options for commercial development of Nangwarry. | 25/08/2020 |
Notice is hereby given that the General Meeting of Shareholders of Lakes Oil N.L. will be held virtually via a webinar conferencing facility at 2:00pm (AEST) on 22 September 2020. | 21/08/2020 |
The company releases an Appendix 3G. | 13/07/2020 |
The company has raised a total of $486,000 in relation to the issue of 540,000 convertible notes on the same terms as notes previously issued. | 13/07/2020 |
Lakes Oil continues with endeavours to support resumption of share trading. Lakes Oil has issued Convertible Notes to the value of $3.8m since December 2019. Lakes Oil holds significant, independently verified, Contingent and Prospective Resources of gas onshore in Victoria and will prepare for resumption of exploration activity as soon as possible. Term of Lakes Oil's exploration tenements will be reset to 5 years when conventional onshore exploration is allowed to resume at mid-2021. | 08/04/2020 |
The company releases an Appendix 3G. | 18/03/2020 |
The company releases an Appendix 2A. | 13/03/2020 |
The company releases an Appendix 3G. | 02/03/2020 |
The company releases an Appendix 2A. | 14/02/2020 |
William Buck Audit has been appointed as auditor for the company. This appointment follows the resignation of Pitcher Partners and ASIC's consent to the resignation in accordance with s329(5) of the Corporations Act 2001. The company considered the size and operations of the company and the Board believes that the appointment of William Buck is in the best interests of the company and its shareholders. In accordance with s327C of the Corporations Act 2001, William Buck will hold office until the next Annual General Meeting at which shareholders will formally approve the new auditor. | 14/02/2020 |
Victorian moratorium on conventional onshore petroleum exploration expires on 30 June 2020. Lakes Oil has prospects ready for drilling, including the conventional Wombat-5 well. Wombat-5 well will aim to commercialise a known gas resource with prospect of supplying 10% of Victorian gas demand. Lakes Oil is encouraged by Australian Government moves to promote development of southeastern Australian onshore gas resources. | 07/02/2020 |
The company lodges its Quarterly Activities and Cashflow Report December 2019. | 05/02/2020 |
The company releases an Appendix 2A. | 17/01/2020 |
Laboratory analysis of the gas samples from the Nangwarry-1 exploration well indicate the well is very high in CO2. Analysis of the other samples obtained is continuing. The well will still be cased and suspended to enable it to be flow tested. | 16/01/2020 |
The company releases an Appendix 2A. | 15/01/2020 |
Logging of the Nangwarry-1 exploration well has been completed. Logging has confirmed the presence of a minimum 65m gas column at the top of the Pretty Hill Formation. The well will now be cased and suspended to enable it to be flow tested to assess its commerciality. | 15/01/2020 |
Nangwarry-1 exploration well drilling completed at 4,300 metres measured depth. Gas shows have been encountered in two intervals within the Pretty Hill Formation. Logging of the Pretty Hill Formation is now underway. | 02/01/2020 |
Nangwarry-1 exploration well at 3,450 metres measured depth drilling through the Pretty Hill Formation. Elevated gas readings were encountered across the upper section of the Pretty Hill Formation, the significance of which will be investigated through wireline logging at the completion of drilling. The Nangwarry-1 well targets two gas reservoirs with a best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). | 23/12/2019 |
The company releases the Results of its Annual General Meeting. | 20/12/2019 |
The company releases its Chair Address and AGM Presentation. | 19/12/2019 |
Judgement handed down regarding Lakes Oil's Appeal of the 2018 decision of Justice Macaulay. Court of appeal of the Supreme Court of Victoria has not found in favour of Lakes Oil. | 17/12/2019 |
Nangwarry-1 exploration well is ahead of schedule with the intermediate casing point, at 2,949 metres measured depth, reached over the weekend. An intermediate hole logging program is currently being conducted with the 95 /8 inch diameter intermediate casing to be run over coming days. The Nangwarry-1 well targets two gas reservoirs with a best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). The shallower target, Pretty Hill Formation, will be intersected after intermediate casing is set in place. | 16/12/2019 |
Capital raising of up to $6.03 million (before costs) via a tranched issue of unlisted convertible notes. Lakes Oil has received subscriptions for an initial tranche of $600,000 of the unlisted convertible notes. | 12/12/2019 |
Nangwarry-1 exploration well drilling on schedule at approximately 952 metres depth. Well targets two gas reservoirs with best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). Shallower target, Pretty Hill Formation, may be intersected in about 12 days time. | 10/12/2019 |
The company provides a corporate structure update. The current board size is reduced. Corporate focus continues to be on realisation of the conventional gas potential of the company's onshore Victorian assets. | 04/12/2019 |
Nangwarry-1 exploration well spudded on 1 December. Well targets two gas reservoirs with best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). Well drilling forecast to take 45 days. | 02/12/2019 |
The company's AGM will be held on Thursday, 19 December 2019 at 3.00pm (AEDT) at Baker McKenzie Level 19 181 William Street Melbourne Victoria 3000. | 15/11/2019 |
The company lodges its Quarterly Activities and Cashflow Report September 2019. | 31/10/2019 |
A controlled placement agreement was entered into with Acuity Capital. CPA provides Lakes Oil with standby equity capital of up to $10 million. Lakes Oil controls is and when the CPA is utilised and the size and value of any placement. | 31/10/2019 |
Discussions are underway with the ATO about deferral of payment of the R&D clawback assessment pending the appeal hearing, about which the ATO has provided information to the satisfaction of the company's auditor. The company's auditor issued a "˜disclaimer of opinion' regarding Lakes Oil's 2019 financial report. ASX has determined that, to recommence trading, it requires Lakes Oil to secure an unqualified audit opinion, in conjunction with other matters. The company is now pursuing a number of initiatives aimed to demonstrate that nondiscretionary costs can be met for a period satisfactory to the ASX. One key initiative will, as previously announced, be the launch of a capital raising. | 29/10/2019 |
The company issues a response to ASX financial condition query. | 23/10/2019 |
The company lodges its 2019 Annual Report to Shareholders. | 23/10/2019 |
The company releases its Appendix 4G and Corporate Governance Statement. | 23/10/2019 |
The company has been granted a waiver from ASX Listing Rules 10.13.3 and 10.13.5 to the extent necessary to permit the company's notice of general meeting to approve the issue of ordinary shares to Mr Nicholas Mather, Mr Kyle Wightman, Mr Chris Tonkin, Prof Ian Plimer and Mr Richard Ash in lieu of their remuneration not to state that the remuneration shares will be issued no later than one month after the date of AGM and not to sate the issue price of the remuneration shares subject to some conditions. | 23/10/2019 |
The company's securities will be placed into suspension effective immediately as the company has not lodged its 2019 Financial Statements. The company will lodge its 2019 Financial Statements in conjunction with a capital raising announcement. | 01/10/2019 |
The company's securities will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 October 2019, following failure to lodge the relevant periodic report by the due date. | 01/10/2019 |
The unsecured converting notes (ASX Code: LKOGB) of Lakes Oil NL will be suspended at the close of business Friday, 25 May 2018, in accordance with listing rule 17.2, pending the automatic conversion of the Notes on maturity on Thursday, 31 May 2018. | 25/05/2018 |
Lakes Oil NL's unsecured converting notes (ASX Code: LKOGA) will be suspended from quotation at the close of trading today, pending their maturity on 31 March 2017. The Notes will be removed from official quotation at the close of trading on Thursday 13 April 2017. For further information please refer to Lakes Oil NL's announcements. Please note that the suspension applies to the Notes only and does not apply to any other quoted securities of the company. | 27/03/2017 |
The 10% per annum unsecured converting notes maturing 31 May 2018 issued by Lakes Oil NL will be reinstated to official quotation from the commencement of trading on Tuesday, 4 October 2016 following completion of the issue of Notes and satisfaction of conditions for quotation. For further details please refer to the Company's Third Supplementary Prospectus dated 1 September 2016 and its subsequent market updates. | 03/10/2016 |
The 10% per annum unsecured converting notes maturing 31 May 2018 to be issued by Lakes Oil NL will be suspended from official quotation from the commencement of trading on Monday, 12 September 2016 pending completion of the issue of Notes and satisfaction of conditions for quotation. The Company's fully paid ordinary shares and 10% per annum unsecured converting notes maturing 31 March 2017 are not affected by this suspension. | 09/09/2016 |
Lakes Oil NL's (the "Company") unsecured converting notes will be suspended from quotation at the close of trade today, pending their maturity on 30 November 2014. For further information please refer to the Company's announcements. | 21/11/2014 |
the suspension of trading in the securities of Lakes Oil NL (the "Company") will be lifted immediately, following the release of an announcement by the Company titled "Lakes Oil Merger with Cape Energ" | 29/07/2008 |
the securities of Lakes Oil NL (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company | 24/07/2008 |
name changed from Lakes Oil Limited | 03/10/1994 |
name changed to Lakes Blue Energy NL | 26/03/2021 |
The company releases the results of its meeting. | 23/03/2021 |
The company releases its Chair Address and AGM Presentation. | 23/03/2021 |
As a result of the expiration of the Corporations (Coronavirus Economic Response) Determination (No. 3) 2020 on 21 March 2021, from 22 March 2021, companies are required to revert to the pre-COVID-19 position under the Corporations Act 2010 (Cth), which will require general meetings to be held at a physical location. In addition to the webinar, the directors have determined to conduct the AGM at following address: C/o Leydin Freyer Corp Pty Ltd Level 4, 96-100 Albert Road, South Melbourne VIC 3205. | 23/03/2021 |
Extended production testing of the Nangwarry-1 well scheduled for mid-March 2021 following further COVID-19 related delays. Test program to confirm quality, deliverability and size of Nangwarry carbon dioxide resource. | 05/03/2021 |
The company's general meeting will be held virtually via a webinar conferencing facility at 11.00am (AEDT) on 23 March 2021. | 19/02/2021 |
The company releases an Appendix 3G. | 18/02/2021 |
Extended production testing of the Nangwarry-1 well scheduled for mid-late February 2021. Test program to confirm quality, deliverability and size of Nangwarry carbon dioxide resource. | 05/02/2021 |
The company lodges its Quarterly Activities and Cashflow Report December 2020. | 19/01/2021 |
The following unlisted options have lapsed on 8 January 2021 in accordance with their terms: LKOAA, 30,308,000 at 0.5 cents per option. | 18/01/2021 |
The company lodges a revised version of its Annual Report. | 13/01/2021 |
The company lodges the following: Quarterly Activities and Cashflow Report June 2020, Quarterly Activities and Cashflow Report March 2020, Quarterly Activities and Cashflow Report September 2020. | 08/01/2021 |
The company releases an Appendix 4G and Corporate Governance Statement. | 29/12/2020 |
The company lodges its 2020 Annual Report to Shareholders. | 29/12/2020 |
The company lodges its Financial Report for the Half-Year Ended 31 December 2019. | 29/12/2020 |
Two million dollars raised through placement of Convertible Notes with associated royalty entitlement. Additional $1.1m of Convertible Notes with associated royalties to be issued to Directors as settlement of short term loans. Funds raised will be used for ongoing exploration and appraisal activities, including Nangwarry-1 flow test program, and will assist in securing approval for resumption of trading of the Company's shares on ASX. | 23/12/2020 |
The company releases an Appendix 3G. | 22/12/2020 |
Term of PNG Petroleum Prospecting Licence 560 extended by three years to December 2025. Extension of term compensates Lakes Oil for time lost as a consequence of unlawful cancellation of prospecting licence by previous Minister for Petroleum and Energy. PPL 560 contains the Buna Prospect, which in turn contains seismic anomalies consistent with a gas-bearing reservoir and represents one of the largest undrilled hydrocarbon structures in PNG. | 05/11/2020 |
The company releases an Appendix 2A. | 14/10/2020 |
The company releases an Appendix 3G. | 14/10/2020 |
The company releases the results of its general meeting. | 22/09/2020 |
Lakes Oil continues with endeavours to support resumption of share trading. Lakes Oil has acquired funding of approx. $4.8m since December 2019. General Meeting to be held on 22 September 2020 to, among other things, facilitate ongoing capital raising through issue of Convertible Notes. Work to be carried out to allow resumption of Victorian onshore exploration as soon as possible after 30 June 2021. Nangwarry (50% owned, and operated, by Lakes Oil subsidiary) estimated to contain 25 Billion standard cubic feet of carbon dioxide sales gas. Flow testing to take place later this year. Memorandum of Understanding already in place to progress toward development of Nangwarry. Realisation of the potential of Lakes Oil's portfolio of assets to deliver capital growth for Shareholders. | 17/09/2020 |
The company releases an Investor Presentation. | 16/09/2020 |
Independent estimate of Nangwarry carbon dioxide sales gas quantity prepared by ERC Equipoise Pte Ltd.Best estimate is that Nangwarry contains 25.1 Bscf (12.5 Bscf net to Lakes Oil) of saleable carbon dioxide.Memorandum of Understanding already in place with Supagas Pty Ltd for preliminary design and costing of carbon dioxide processing facility for Nangwarry. Through its subsidiary, Otway Energy Ltd, Lakes Oil has 50% interest in, and is Operator of, Nangwarry. | 31/08/2020 |
Vintage Energy provides an update on Nangwarry. Recoverable CO2 independently assessed and booked. Gross recoverable estimates are: Low of 7.8 Bcf, Best of 25.1 Bcf, High of 82.1 Bcf. MOU signed with Supagas for the preliminary design and costing of facilities. Testing plans being advanced. | 31/08/2020 |
The PEL 155 onshore Otway Basin joint venture advises that a non-binding memorandum of understanding with Supagas was signed. Planning is underway for Nangwarry-1 flow test. Considering options for commercial development of Nangwarry. | 25/08/2020 |
Notice is hereby given that the General Meeting of Shareholders of Lakes Oil N.L. will be held virtually via a webinar conferencing facility at 2:00pm (AEST) on 22 September 2020. | 21/08/2020 |
The company releases an Appendix 3G. | 13/07/2020 |
The company has raised a total of $486,000 in relation to the issue of 540,000 convertible notes on the same terms as notes previously issued. | 13/07/2020 |
Lakes Oil continues with endeavours to support resumption of share trading. Lakes Oil has issued Convertible Notes to the value of $3.8m since December 2019. Lakes Oil holds significant, independently verified, Contingent and Prospective Resources of gas onshore in Victoria and will prepare for resumption of exploration activity as soon as possible. Term of Lakes Oil's exploration tenements will be reset to 5 years when conventional onshore exploration is allowed to resume at mid-2021. | 08/04/2020 |
The company releases an Appendix 3G. | 18/03/2020 |
The company releases an Appendix 2A. | 13/03/2020 |
The company releases an Appendix 3G. | 02/03/2020 |
The company releases an Appendix 2A. | 14/02/2020 |
William Buck Audit has been appointed as auditor for the company. This appointment follows the resignation of Pitcher Partners and ASIC's consent to the resignation in accordance with s329(5) of the Corporations Act 2001. The company considered the size and operations of the company and the Board believes that the appointment of William Buck is in the best interests of the company and its shareholders. In accordance with s327C of the Corporations Act 2001, William Buck will hold office until the next Annual General Meeting at which shareholders will formally approve the new auditor. | 14/02/2020 |
Victorian moratorium on conventional onshore petroleum exploration expires on 30 June 2020. Lakes Oil has prospects ready for drilling, including the conventional Wombat-5 well. Wombat-5 well will aim to commercialise a known gas resource with prospect of supplying 10% of Victorian gas demand. Lakes Oil is encouraged by Australian Government moves to promote development of southeastern Australian onshore gas resources. | 07/02/2020 |
The company lodges its Quarterly Activities and Cashflow Report December 2019. | 05/02/2020 |
The company releases an Appendix 2A. | 17/01/2020 |
Laboratory analysis of the gas samples from the Nangwarry-1 exploration well indicate the well is very high in CO2. Analysis of the other samples obtained is continuing. The well will still be cased and suspended to enable it to be flow tested. | 16/01/2020 |
The company releases an Appendix 2A. | 15/01/2020 |
Logging of the Nangwarry-1 exploration well has been completed. Logging has confirmed the presence of a minimum 65m gas column at the top of the Pretty Hill Formation. The well will now be cased and suspended to enable it to be flow tested to assess its commerciality. | 15/01/2020 |
Nangwarry-1 exploration well drilling completed at 4,300 metres measured depth. Gas shows have been encountered in two intervals within the Pretty Hill Formation. Logging of the Pretty Hill Formation is now underway. | 02/01/2020 |
Nangwarry-1 exploration well at 3,450 metres measured depth drilling through the Pretty Hill Formation. Elevated gas readings were encountered across the upper section of the Pretty Hill Formation, the significance of which will be investigated through wireline logging at the completion of drilling. The Nangwarry-1 well targets two gas reservoirs with a best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). | 23/12/2019 |
The company releases the Results of its Annual General Meeting. | 20/12/2019 |
The company releases its Chair Address and AGM Presentation. | 19/12/2019 |
Judgement handed down regarding Lakes Oil's Appeal of the 2018 decision of Justice Macaulay. Court of appeal of the Supreme Court of Victoria has not found in favour of Lakes Oil. | 17/12/2019 |
Nangwarry-1 exploration well is ahead of schedule with the intermediate casing point, at 2,949 metres measured depth, reached over the weekend. An intermediate hole logging program is currently being conducted with the 95 /8 inch diameter intermediate casing to be run over coming days. The Nangwarry-1 well targets two gas reservoirs with a best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). The shallower target, Pretty Hill Formation, will be intersected after intermediate casing is set in place. | 16/12/2019 |
Capital raising of up to $6.03 million (before costs) via a tranched issue of unlisted convertible notes. Lakes Oil has received subscriptions for an initial tranche of $600,000 of the unlisted convertible notes. | 12/12/2019 |
Nangwarry-1 exploration well drilling on schedule at approximately 952 metres depth. Well targets two gas reservoirs with best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). Shallower target, Pretty Hill Formation, may be intersected in about 12 days time. | 10/12/2019 |
The company provides a corporate structure update. The current board size is reduced. Corporate focus continues to be on realisation of the conventional gas potential of the company's onshore Victorian assets. | 04/12/2019 |
Nangwarry-1 exploration well spudded on 1 December. Well targets two gas reservoirs with best estimate gross prospective resource of 28.5 Bcf (net to Lakes Oil). Well drilling forecast to take 45 days. | 02/12/2019 |
The company's AGM will be held on Thursday, 19 December 2019 at 3.00pm (AEDT) at Baker McKenzie Level 19 181 William Street Melbourne Victoria 3000. | 15/11/2019 |
The company lodges its Quarterly Activities and Cashflow Report September 2019. | 31/10/2019 |
A controlled placement agreement was entered into with Acuity Capital. CPA provides Lakes Oil with standby equity capital of up to $10 million. Lakes Oil controls is and when the CPA is utilised and the size and value of any placement. | 31/10/2019 |
Discussions are underway with the ATO about deferral of payment of the R&D clawback assessment pending the appeal hearing, about which the ATO has provided information to the satisfaction of the company's auditor. The company's auditor issued a "˜disclaimer of opinion' regarding Lakes Oil's 2019 financial report. ASX has determined that, to recommence trading, it requires Lakes Oil to secure an unqualified audit opinion, in conjunction with other matters. The company is now pursuing a number of initiatives aimed to demonstrate that nondiscretionary costs can be met for a period satisfactory to the ASX. One key initiative will, as previously announced, be the launch of a capital raising. | 29/10/2019 |
The company issues a response to ASX financial condition query. | 23/10/2019 |
The company lodges its 2019 Annual Report to Shareholders. | 23/10/2019 |
The company releases its Appendix 4G and Corporate Governance Statement. | 23/10/2019 |
The company has been granted a waiver from ASX Listing Rules 10.13.3 and 10.13.5 to the extent necessary to permit the company's notice of general meeting to approve the issue of ordinary shares to Mr Nicholas Mather, Mr Kyle Wightman, Mr Chris Tonkin, Prof Ian Plimer and Mr Richard Ash in lieu of their remuneration not to state that the remuneration shares will be issued no later than one month after the date of AGM and not to sate the issue price of the remuneration shares subject to some conditions. | 23/10/2019 |
The company's securities will be placed into suspension effective immediately as the company has not lodged its 2019 Financial Statements. The company will lodge its 2019 Financial Statements in conjunction with a capital raising announcement. | 01/10/2019 |
The company's securities will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 October 2019, following failure to lodge the relevant periodic report by the due date. | 01/10/2019 |
The unsecured converting notes (ASX Code: LKOGB) of Lakes Oil NL will be suspended at the close of business Friday, 25 May 2018, in accordance with listing rule 17.2, pending the automatic conversion of the Notes on maturity on Thursday, 31 May 2018. | 25/05/2018 |
Lakes Oil NL's unsecured converting notes (ASX Code: LKOGA) will be suspended from quotation at the close of trading today, pending their maturity on 31 March 2017. The Notes will be removed from official quotation at the close of trading on Thursday 13 April 2017. For further information please refer to Lakes Oil NL's announcements. Please note that the suspension applies to the Notes only and does not apply to any other quoted securities of the company. | 27/03/2017 |
The 10% per annum unsecured converting notes maturing 31 May 2018 issued by Lakes Oil NL will be reinstated to official quotation from the commencement of trading on Tuesday, 4 October 2016 following completion of the issue of Notes and satisfaction of conditions for quotation. For further details please refer to the Company's Third Supplementary Prospectus dated 1 September 2016 and its subsequent market updates. | 03/10/2016 |
The 10% per annum unsecured converting notes maturing 31 May 2018 to be issued by Lakes Oil NL will be suspended from official quotation from the commencement of trading on Monday, 12 September 2016 pending completion of the issue of Notes and satisfaction of conditions for quotation. The Company's fully paid ordinary shares and 10% per annum unsecured converting notes maturing 31 March 2017 are not affected by this suspension. | 09/09/2016 |
Lakes Oil NL's (the "Company") unsecured converting notes will be suspended from quotation at the close of trade today, pending their maturity on 30 November 2014. For further information please refer to the Company's announcements. | 21/11/2014 |
the suspension of trading in the securities of Lakes Oil NL (the "Company") will be lifted immediately, following the release of an announcement by the Company titled "Lakes Oil Merger with Cape Energ" | 29/07/2008 |
the securities of Lakes Oil NL (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company | 24/07/2008 |
name changed from Lakes Oil Limited | 03/10/1994 |
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I would like to know wht is going to hppen with lke blue energy shares? ATM they can't be sold and they have been suspended.
| 10/07/2023 14:46:23 |
DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|
11/07/2016 | Chris Tonkin | 6,500,000 | $0.002 | $9,750 |
08/07/2016 | Kyle Wightman | 3,000,000 | $0.002 | $4,500 |
22/05/2014 | Robert Annells | -15,000,000 | $0.003 | $45,000 |
02/03/2012 | Bill Stubbs | 6,000,000 | $0.005 | $30,000 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Richard Ash | Chairman, Company Secretary | 21/08/2018 |
Tim O'Brien | COO | |
Leslie Smith | CFO | 01/06/2010 |
Nick Mather | Non Exec Director | 07/02/2012 |
Roland Sleeman | Executive Director, CEO | 08/12/2016 |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Chris Tonkin | Chairman | 23/05/2016 | 21/11/2019 |
Kyle Wightman | Non Exec Director | 04/08/2014 | 21/11/2019 |
Ian Plimer | Non Exec Director | 27/01/2013 | 21/11/2019 |
Barney Berold | Non Exec Director | 20/02/2007 | 24/04/2019 |
Bill Stubbs | Non Exec Director | 07/02/2012 | 13/11/2018 |
Karl Schlobohm | Alternate Director | 24/11/2016 | 16/01/2017 |
Robbert de Weijer | Alternate Director | 05/06/2014 | 28/09/2016 |
Andrew Davis | Non Exec Director | 09/09/2015 | 02/06/2016 |
Robert Annells | Executive Chairman | 03/12/1984 | 20/05/2016 |
Matthew Stubbs | Alternate Director | 11/05/2012 | 26/08/2014 |
Alexander Downer | Non Exec Director | 01/02/2013 | 17/04/2014 |
Peter Lawrence | Director | 04/12/2000 | 27/11/2012 |
James Syme | Director | 28/05/2006 | 27/11/2012 |
Date of first appointment, title may have changed.
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