20 Year Extension of Seram (Non Bula) PSC

1-Jun-2018

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About Article

Lion Energy Limited (“Lion” or “Company”; ASX: LIO) is pleased to advise that the official signing of the extension of the Seram (Non-Bula) PSC for a further 20 year term has been executed between the joint venture partners and the Ministry of Minerals Resources of the Republic of Indonesia (‘GOI’). Lion has a 2.5% participating interest in Seram (Non Bula) PSC (‘SNBB PSC’).

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20 Year Extension of Seram (Non Bula) PSC