Lakes Blue Energy NL (ASX:LKO) said that it will continue fluid recovery operations until the majority of the drilling and completion fluid has been removed from the reservoir at its Wombat-5 gas well in Victoria, according to a Monday filing with the Australian bourse.
After which, the company can undertake a comprehensive assessment of the gas deliverability of the well, the filing said.
Shares of the company fell past 2% in recent Monday trade.