Past year: ▼ 20%(10.0c – 12.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
13 July 2012drilling result● Neutral
Lakes Oil's version of the same update: Holdgate-1 plugged and rig released after reaching 2,752m. Continuous gas readings typical of a tight gas well and carbonaceous shales in sidewall cores. Duplicate of Armour's release.
13 July 2012drilling result● Neutral
Holdgate-1 (2,752m) was plugged and the rig released. It showed continuous gas readings typical of a tight gas well and carbonaceous shales in cores. No flow or resource was reported; full assessment of tight gas potential is pending.
3 July 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 reached 2,752m total depth and drilling stopped. Logging and a seismic profile come next. Duplicate of Armour's release.
3 July 2012drilling progress report● Neutral
Holdgate-1 reached total depth of 2,752m and drilling has ceased. Logging and a vertical seismic profile follow, then partners will review the Strzelecki Group's unconventional potential to find a lateral well zone.
2 July 2012drilling progress report● Neutral
Holdgate-1 was at 2,730m and drilling ahead toward 2,800m. No results yet.
2 July 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,730m, drilling ahead. Duplicate of Armour's release.
29 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,577m and drilling ahead toward 2,800m. No results yet.
29 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,577m, drilling ahead. Duplicate of Armour's release.
28 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,518m and drilling ahead toward 2,800m. No results yet.
28 June 2012drilling spud▲ GoodMajor
Kilgour North 1 in EP171 (100%) is drilling after surface casing was set at 319m, with a proposed depth of 2,100m. A petroleum discovery at Cow Lagoon 1 was formally notified to the NT; log interpretation continues.
28 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,518m, drilling ahead toward 2,800m. Duplicate of Armour's release.
27 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,448m and drilling ahead toward a revised 2,800m total depth. Armour is funding the well to earn 51% of PEP166. No results yet.
27 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,448m, drilling ahead. Duplicate of Armour's release.
26 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,405m after mechanical difficulties, drilling to resume toward a revised 2,800m. Duplicate of Armour's 26 June release.
26 June 2012drilling progress report▼ Bad
Holdgate-1 hit mechanical difficulties at 2,405m. Lakes expects drilling to resume within hours, now toward a revised total depth of 2,800m rather than 2,500m. Armour is funding the well to earn 51% of PEP166.
25 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,394m and drilling ahead toward a proposed 2,500m. No results yet.
25 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,394m, drilling ahead. Duplicate of Armour's release.
22 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,368m and drilling ahead toward a proposed 2,500m. No results yet.
22 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,368m, drilling ahead. Duplicate of Armour's release.
21 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,270m, drilling ahead. Duplicate of Armour's release.
21 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,270m and drilling ahead toward a proposed 2,500m. No results yet.
20 June 2012drilling progress report● Neutral
Armour's version of the same update: Holdgate-1 at 2,190m, drilling ahead. Duplicate of Lakes Oil's release.
20 June 2012drilling progress report● Neutral
Lakes Oil reports Holdgate-1 at 2,190m and drilling ahead. No results yet.
19 June 2012drilling progress report● Neutral
Lakes Oil reports Holdgate-1 at 2,146m and drilling ahead. No results yet.
19 June 2012drilling result▲ GoodMajor
Cow Lagoon 1 finished at 1,804m, cased and suspended. It found gas in the Lynott and Reward Formations, with flares and shows from 295m to 1,560m, proving a trap. Kilgour North 1 is due to spud 22 June.
19 June 2012drilling progress report● Neutral
Armour's version of the same update: Holdgate-1 at 2,146m, drilling ahead. Duplicate of Lakes Oil's release.
18 June 2012drilling progress report● Neutral
Holdgate-1 was at 2,125m and drilling ahead toward a proposed 2,500m. No results yet.
18 June 2012drilling progress report● Neutral
Lakes Oil's version of the same update: Holdgate-1 at 2,125m, drilling ahead. Duplicate of Armour's release.
15 June 2012drilling progress report● Neutral
Lakes Oil reports Holdgate-1 at 1,894m and drilling ahead. No results yet.
15 June 2012drilling progress report● Neutral
Armour's version of the same update: Holdgate-1 at 1,894m, drilling ahead. Duplicate of Lakes Oil's release.
