Ann: Lakes Oil to Appeal Judgement, page-24

Charlie b:

You should already know that LKO have approx 300 billion cubic feet of gas waiting to be commercialised since 2013 in a JV with Beach Energy.

The development did not proceed because the Government widened the moratorium to include all onshore gas activities. So to say that LKO have always come up dry is incorrect.

The current government has gone to extraordinary lengths including retrospective legislation to prevent LKO from drilling the two conventional wells in the Otway region that estimates 3 trillion cubic feet of recoverable gas in place....more than the entire BASS STRAIT resource!.

Do some research or at least contact LKO management to enlighten yourself....you sound like a bit  of a retard.