Australia's Lakes Blue Energy hits three-week high on production testing nod from Victoria

Lakes Blue Energy NL

14/01/2026 01:23

** Shares of Australia's Lakes Blue Energy LKO.AX jump 6.5% to A$1.39, their highest level since December 22

** Oil and gas co gets approval from the Victorian government to conduct production testing at its Wombat-5 Well site

** Stock added 30% in 2025, and is up 6.9% YTD

** Broader energy sub-index .AXEJ up 1.8%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))