Lakes Oil InvestmentDark Horse participated in the current Lakes Oil (LKO:ASX) entitlement offer by subscribing to500,000,000 shares at a price of 0.1 cents per share for a total investment of $500,000. The Companybelieves this is a secure and prudent investment with minimal downside. Lakes will utilise part of thefunding to drill and test the Nangwarry‐1 Well, South Australia, considered highly prospective for gas.
LKO Price at posting:
0.1¢ Sentiment: None Disclosure: Held