The Directors of Lion Energy firmly believe that the sound and effective way to promote the Company’s growth is to increase its oil and gas reserves through acquisition of low risk exploration and development opportunities.
This policy is applied with conservative vision to generate upside potential and achieve the most efficient use of the Company’s capabilities and cash resources.
The Company is focused on South East Asia on account that the management team has thorough and diversified experience in this region and is able to apply knowledge and skills to acquisition and efficient operation in order to maximise returns on investment.
Lion Energy is actively sourcing new opportunities and applying managed risk assessment to identify suitable future investments by:
- Utilising professional skills to thoroughly research opportunities and thereby quantify risk and reward - an approach that enables good investment opportunities to be easily recognised
- Partnering with competent operators capable of meeting the criteria of considerable depth in financial reserves, as well as science and engineering best practices.
This approach enables Lion Energy to generate income from oil and gas reserves - which are often in remote or hostile environments - while leaving the risks and financial commitments of operating the venture to an outside partner.
The Seram (Non Bula) Block interest meets the Company’s investment criteria in that it contains:
- producing reserves with long term revenue projections
- significant upside exploration potential ranging from small low-risk shallow prospects to a high-risk billion-barrel-plus prospect, plus additional prospects with risk and potential revenue profiles within this range.
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