Quarterly Activities Report Q4 2017

31-Jan-2018

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About Article

Solid production in strong oil price environment

Highlights

• Gross production from the Seram PSC for the quarter was 210,206 barrels (average 2,285 bopd)
• Crude oil lifting of 250,039 bbl (5,899 bbl net to Lion) completed on 24 December 2017 with Lion share of sales revenue of US$300,584 expected first week February 2018
• Amanah Timur-2 (AMT-2) appraisal well in South Block A PSC now planned for Q2 2018

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Quarterly Activities Report Q4 2017