Eromanga Basin ATPs 642P and 662P (Lakes Oil: Operator, 100% interest) Lakes Oil is seeking a joint venture partner for pursuit of its western Queensland opportunities. Surat Basin, Roma Shelf Project ATP 1183 (Lakes Oil: Operator, 100% interest) ATP 1183 is highly prospective for oil, gas and condensate discoveries, and is within close proximity of established […]


South Australia, Pirie Torrens Oil & Gas Project PELAs (Lakes Oil: Operator, 100% interest) Figure: South Australian Licence Application Areas The Pirie Torrens Oil and Gas Project incorporates six Petroleum Exploration Licence Applications (PELAs) located in South Australia and covering approximately 53,000km2 as outlined in Figure 5. Petroleum exploration activities in the general area first commenced […]


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EAGLE OIL DEVELOPMENT PROJECT, CALIFORNIA PERMITS Eagle Prospect, Onshore California, USA (Lakes Oil: 17.97% interest. Operator: Strata –X Inc.) The Eagle Prospect contains the Mary Bellochi-1 well, which was drilled in 1986 by Lakes and its joint venture partners, and flowed oil to surface for several weeks before withering out. Indications at the time were […]