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Lakes Blue Energy Models $605 Million NPV for Wombat Gas Project with 2029 Production Target
10:02am on Thursday 2nd of July, 2026 AEST
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Energy
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Lakes Blue Energy Models $605 Million NPV for Wombat Gas Project with 2029 Production Target
10:02am on Thursday 2nd of July, 2026 AEST
Key Points
Victorian government discussions highlight strategic energy role
Conceptual study shows 58% IRR and $169 million initial capital
First gas targeted for Q1 2029 with 17-year production life
Project development hinges on regulatory approvals and funding
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