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Last A$0.0020 AUD
Change Today 0.00 / 0.00%
Volume 285.7K
LKO On Other Exchanges
As of 9:48 PM 11/26/15 All times are local (Market data is delayed by at least 15 minutes).

lakes oil nl (LKO) Snapshot

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52 Week High
12/4/14 - A$0.0040
52 Week Low
10/2/15 - A$0.0010
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Current Stock Chart for LAKES OIL NL (LKO)

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lakes oil nl (LKO) Details

Lakes Oil N.L., together with its subsidiaries, invests in and explores for hydrocarbon properties in Australia and the United States. The company holds 100% interests in the Onshore Otway Basin, as well as Onshore Gippsland Basin permits in Victoria; and an approximately 17.97 working interest in the Eagle prospect located in the San Joaquin Basin, California. It also has interests in three coal exploration leases, including EL 5333, EL 5334, and EL 5394 in the Onshore Gippsland Basin. The company is based in Melbourne, Australia.

lakes oil nl (LKO) Top Compensated Officers

Executive Chairman
Total Annual Compensation: A$342.1K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$155.4K
Chief Geologist
Total Annual Compensation: A$185.5K
Operations Manager
Total Annual Compensation: A$240.8K
Compensation as of Fiscal Year 2015.

lakes oil nl (LKO) Key Developments

Lakes Oil NL, Annual General Meeting, Nov 23, 2015

Lakes Oil NL, Annual General Meeting, Nov 23, 2015., at 11:00 AUS Eastern Standard Time. Location: At the offices of Baker & McKenzie. Agenda: To consider the annual financial report of the company and the related reports of the directors and auditors for the year ended 30th June 2015; to re-election of Barney Berold as a director; to consider re-election of Nicholas Mather as a director; to consider adoption of remuneration report; and to consider approval of 10% placement facility.

Lakes Oil NL Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2015

Lakes Oil NL announced audited consolidated earnings results for the year ended June 30, 2015. For the year, the company announced revenue loss and other loss of AUD 327,000 compared to AUD 493,000 for the same period a year ago. Loss before income tax was AUD 2,743,000 compared to AUD 3,168,000 for the same period a year ago. Loss attributable to members of the parent company was AUD 2,743,000 compared to AUD 3,168,000 for the same period a year ago. Basic and diluted loss per share from continuing operations was 0.03 cents compared to 0.04 cents for the same period a year ago. Net cash flows used in operating activities was AUD 3,228,000 compared to AUD 2,581,000 for the same period a year ago. Purchase of exploration permits was AUD 1,486,000 compared to AUD 119,000 for the same period a year ago.

Lakes Oil Nl Announces Executive Changes

Lakes Oil NL announced that Mr. Andrew Davis and Mr. Chris Tonkin appointed as a director of the company in share holders meeting held on September 9, 2015.


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Price/Sales 57.0x
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