Lakes Oil N.L.  

(Public, ASX:LKO)   Watch this stock  
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0.005
-0.001 (-16.67%)
May 23 - Close
ASX data delayed by 20 mins - Disclaimer
Currency in AUD
Range 0.00 - 0.01
52 week 0.00 - 0.01
Open 0.01
Vol / Avg. 1.02M/15,389.00
Mkt cap 34.66M
P/E     -
Div/yield     -
EPS 0.00
Shares 6.93B
Beta     -
Inst. own     -

Key stats and ratios

Q2 (Jun '12) 2012
Net profit margin - -
Operating margin - -
EBITD margin - -
Return on average assets -5.36% -5.35%
Return on average equity -5.63% -5.57%
Employees 7 -
Carbon Disclosure Rating - -

Address

Level 14, 500 Collins Street
MELBOURNE, VIC 3000
Australia
+61-3-96291566 (Phone)
+61-3-96291624 (Fax)

Website links

External links

Discussion Group - Google Finance

Description

Lakes Oil N.L. is engaged in hydrocarbon exploration and investment. The Company operates in two segments: Exploration for hydrocarbon reserves, principally in on-shore regions of Victoria, Australia and Investment in entities engaged in exploration for energy reserves. During the fiscal year ended June 30, 2012, the Company�s exploration focus has been concentrated on the drilling of two wells with the assistance of its new joint venture partner, Armour Energy Ltd (Armour), with one well in each of the Otway and Gippsland Basins. The Company holds interests in petroleum exploration permits and mineral exploration licences in Victoria. The Company�s subsidiaries include Commonwealth Mining Pty. Ltd, Geothermal Energy Victoria Pty. Ltd, The Gippsland Gas Corp. Pty. Ltd, Gippsland Petroleum Pty. Ltd, Mirboo Ridge Pty. Ltd, Otway Resources Pty. Ltd and Owens Lane Pty Ltd.

Officers and directors

Robert John Annells CPA Executive Chairman of the Board
Leslie Smith CPA Chief Financial Officer, Company Secretary
Ingrid Campbell Chief Geologist
Tim O'Brien Operations Manager
Alexander Downer Non-Executive Director
Nicholas Mather Non-Executive Director
Age: 55
William R. Stubbs Non-Executive Director
Barney I. Berold Non-Executive Independent Director