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Lakes Blue Energy Advances Wombat-5 Testing, Eyes Portland Drilling in H2 2026

6:10pm on Thursday 30th of April, 2026 AEST Energy
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Lakes Blue Energy Advances Wombat-5 Testing, Eyes Portland Drilling in H2 2026

6:10pm on Thursday 30th of April, 2026 AEST
Key Points
  • Wombat-5 well enters pressure build-up phase after confirming gas flow from three zones
  • Perforation and stimulation planned to enhance gas flow, pending regulatory approval
  • Portland Energy Project drilling preparations continue, targeting H2 2026
  • Nangwarry CO₂ Project feasibility study advances under Maison collaboration
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