Petro Tech Pty Ltd
Gas in Melbourne

Lakes has also kept alive the pioneering spirit of a once larger band of confident junior explorers willing to tackle programs in which more restrained major companies have declined to take part. He has over 35 years’ experience as a senior business executive with an extensive industry background in business development and management, finance and strategy development across all major industry sectors and particularly automatic resources as an adviser and financier to the mining and metals and oil and gas industries. Appointed to the board in 2007, he has had several experience in corporate finance advising on strategy, mergers and acquisitions, and funding. Jerold has not held any other listed company directorships. Mather has also served as a Director of the latter ASL listed companies: Mather was appointed to the Remuneration Committee when it was established in 2013. Professor primer has published more than 130 scientific papers and is author of multiple bestselling books for the public. He serves on the Boards of the following listed companies: He is a lawyer of 40 years’ experience, having practiced in the area of commercial law including stock exchange listings and all areas of mining law. He is an economist, financier and business consultant with over 40 years’ experience particularly relating to the feasibility, development and financing of major projects and investments, including Argyle Diamonds, sarong Coal, Coy Yang Power and Melbourne City Link. Downer has applied himself to many commercial and cultural pursuits, including being a visiting professor at Adelaide University, a Notable Adviser to the United Nations Secretary General, as partner in his strategic advisory steady Bespoke Approach, as healthy as sitting on a number of boards. It is Lakes Oil’s most progressed development, with four wells completed before to introduction of the onshore exploration ban. The estimated quantities of petroleum that may potentially be recovered by the application of a tomorrow development project(s) relate to undiscovered accumulations. Lakes was ready to drill the Otway1 well in 2013, earlier the Victorian onshore exploration moratorium was introduced. Since the well is fair 400 meres north of the existing Dona Garfield (Victoria’s largest onshore Garfield to date, now old for storage of gas), production of gas from the healthy can be quickly and easily brought on line. Although all of these wells intersected the Eumeralla Formation, the huge potential of that Formation was not historically recognized since much of the Formation is tight’ and, in any case, the historic search was focused on oil. An indication of the large potential of the Focus Area can be gleaned from work undertaken independently on behalf of Lakes Oil. This is same to the entire recoverable gas resource of the Bass Strait. Over many years, Lakes Oil has enjoyed a far reaching and several close association with the communities and associated organizations domiciled throughout the Gippsland Region. NATURAL GAS occurs naturally and is generated during the maturation of organic material deposited and buried in a sedimentary basin. This results in surface seeps which was how hydrocarbons (coal, oil, gas) were discovered and produced. Several instinctive seeps occur across Victoria along with evidence of hydrocarbons. Take note of the blackened areas present at the surface, indicating natural gas up welling from below the lake bed. Throughout the Latrobe Valley there are known cases of locals utilizing the spontaneous gas found in their water for their own purposes.