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Lakes Blue Energy Secures Funding for Wombat-5 Drilling

Rigzone

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Lakes Blue Energy Secures Funding for Wombat-5 Drilling by Paul Anderson | Rigzone Staff | Thursday, June 19, 2025 | 2:34 AM EST The funding is subject to Lakes' reinstatement to trading on the Australian Securities Exchange.

Energy 62
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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.”