Charlie:
The Wombat wells were to be put into production back in 2013 in a $50 million joint venture with BPT. As Roland Sleeman has said LKO was on the cusp of production when the moratorium was extended to include all onshore gas exploration. I suggest you give Roland Sleeman a ring....LKO are not expecting any compensation....they want to drill the two Otway wells and put the Wombat fields into production.
Ann: Extension of Entitlement Offer, page-10
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