FOLLOWING renewal of its Seram (Non-Bula) PSC for 20 years and the award of the surrounding PSC at 100%, the newly-refocused Lion Energy has highlighted new 14 prospects and leads with a combined P50 potential of 770 million barrels of oil equivalent.
Lion has a target rich environment.
The company was only granted the 6510sq.km East Seram PSC in July, and had quickly developed a promising prospect and leads inventory that builds on its work in the adjacent production area,...
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