Lion Energy Limited is currently in production in Indonesia, and is assessing its interests in five Federal leases in the Gulf of Mexico.
Through joint venture contracts with highly competent operators, the Company has gained strategic interests in oil and gas production and exploration projects as follows:
INDONESIA
Through its wholly owned subsidiary Lion Petroleum Seram Limited, Lion Energy holds a 2.5% strategic equity interest in the Seram (Non-Bula) Block Production Sharing Contract ("Seram PSC").
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GULF OF MEXICO, USA
Lion Energy has the right to earn up to 30% working interest in five Gulf of Mexico Federal OCS offshore leases. Each lease contains a firm drillable prospect delineated by high quality 3D seismic investigation, and each has access to infrastructure in adjoining blocks.
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