Australia's Lakes Blue Energy rises on chair appointment
08/10/2026 05:49
BUZZ-Australia's Lakes Blue Energy rises on chair appointment ** Lakes Blue Energy LKO.AX soars as much as 31.9% to A$0.310, its steepest intraday rise since June 23
** Oil and gas explorer appoints Hugh Robertson to chair its board
** Robertson brings over 40 years of stockbroking experience and holds several board and chair roles across ASX-listed and private companies
** Co separately announces that the Victorian regulator has accepted the operation plan for well testing, others of Wombat-5 in Petroleum Retention Lease 2 in Wombat Gas Field, located in Victoria’s onshore Gippsland Basin
** Stock down 77.3% YTD
(Reporting by Tejas Harish in Bengaluru)
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