Lakes Blue Energy NL (ASX:LKO) said that due to delays, it now expects all equipment on-site at its Wombat-5 well in Victoria by Nov. 23, from its earlier deadline of Nov. 10, and to start production testing operations as soon as the equipment is rigged up, according to a Monday filing with the Australian bourse.
Three major gas sand packages in the well have the potential to contribute to gas flow.
Shares of the company fell 2% in recent Monday trade.
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