Gulf Oil and Gas accountACCOUNT

Lion Energy Announces Strategic Review of Assets

Source: www.gulfoilandgas.com 2/14/2018, Location: Asia

Share |
Lion Energy, an ASX listed oil & gas exploration & production company focused on Indonesia, has advised it is undertaking a strategic review of its oil and gas assets.

The board of directors is undertaking a strategic review of the Company’s assets, with a view to rationalising any non-core assets and focussing on a production orientated portfolio of projects. The results of this work are expected in early March, 2018. In addition, the Company continues to review production opportunities in the region with a view to bolstering the company’s oil production in the medium-term.

Lion is an Indonesian focused oil and gas exploration & production company. It has two conventional PSC’s, the producing Seram PSC and exciting South Block A PSC containing the Amanah Timur discovery, rights to an large highly prospective conventional area in Eastern Indonesia and is an early mover in the unconventional oil and gas industry.

Acquisitions and Divestitures News in Indonesia >>

Norway >>  10/15/2018 - Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) f...
Venezuela >>  10/12/2018 - Etablissements Maurel & Prom notes recent press articles and confirms it is working on the acquisition of Shell Exploration and Production Investments...

Brazil >>  10/11/2018 - QGEP Participacoes S.A. (QGEP), announced that the Consortium of Block BCAM-40 has begun the relinquishment process with the National Agency of Petro...
Italy >>  10/11/2018 - Po Valley Energy is to retain full ownership of two onshore oil fields in northern Italy after their sale to a private London-based resources company,...

Norway >>  10/10/2018 - U.S. oil firm Chevron (CVX.N) will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in...
United Kingdom >>  10/9/2018 - AIM-listed Serica Energy has announced that its wholly owned subsidiary,Serica Energy (UK) and BP have received a conditional License and assurance fr...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Indonesia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

Oil & Gas Projects in Indonesia >>

More News

 

Oil & Gas Companies in Indonesia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.