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’).
Reinstatement to Official Quotation
Lion Raises $3.09M in oversubscribed capital raise
Suspension from Official Quotation
Trading Halt
20 Year Extension of Seram (Non Bula) PSC
Results of Annual General Meeting
East Seram GS PSC Opportunity
Intention to Extend Seram (Non Bula) PSC Announced
Lion Energy Limited (“Lion” or “Company”; ASX: LIO) advises that Hong Kong listed company, Citic Resources Holdings Limited (“Citic”), the owner of the operator of the Seram (Non-Bula) PSC (Seram Non Bula), Citic Seram Energy Limited, has recently made an announcement relating to the status of the Seram Non Bula extension. Their announcement is attached to this ASX announcement. Lion has a 2.5% interest in Seram Non Bula.
Lion awarded East Seram Block
Lion Energy Limited (“Lion” or “Company”; ASX: LIO) is pleased to advise that the Indonesian Minister for Energy and Mineral Resources, Mr Ignasius Jonan, announced that Lion Energy Ltd has been awarded the East Seram Block. He announced this in the opening session of the Indonesian Petroleum Association’s Annual Convention.