Summary
Lion Energy Ltd (LIO) FAQ
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Does it pay dividends? What is the current yield?
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Has Lion Energy Ltd ever had a stock split?
Lion Energy Ltd Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Thomas Leo Soulsby CEO | CXA Exchange | - ISIN |
| AU Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Lion Energy Limited is an established entity in the energy sector, with a particular focus on oil and gas exploration, development, and production activities within Indonesia. Founded in 1970 and based in Subiaco, Australia, Lion Energy has cemented its presence in the energy industry through strategic investments and operations in key oil and gas properties. The company’s business operations extend to holding interests in the Seram (Non Bula) block and the East Seram PSC, both significant production sharing contracts (PSCs) in Indonesia. Furthermore, Lion Energy is actively pursuing avenues in the green hydrogen sector, aligning with global trends towards renewable energy sources and sustainability.
Products and Services
Lion Energy Limited offers a range of energy-related products and services, including:
- Oil and Gas Exploration and Production: The cornerstone of Lion Energy's portfolio is its engagement in the exploration and development of oil and gas fields. The company holds a 2.5% participating interest in the Seram (Non Bula) block PSC, an area spanning 1,353 square kilometers on Seram Island, eastern Indonesia. This operation signifies Lion Energy's active role in identifying and extracting hydrocarbon resources in the region.
- Production Sharing Contracts (PSCs): Through its 60% interest in the East Seram PSC, covering an expansive area of 4,557 square kilometers, Lion Energy demonstrates its operational and investment prowess in the energy sector. The East Seram PSC is a testament to the company's strategic focus on securing and managing lucrative contracts that are essential for facilitating and enhancing oil and gas production activities in Indonesia.
- Green Hydrogen Business: In response to the shifting energy landscape and the increasing emphasis on renewable energy sources, Lion Energy is diversifying its portfolio by engaging in the green hydrogen business. This initiative showcases the company’s commitment to innovation and sustainability, aiming to explore and develop alternative energy solutions that can complement and potentially replace traditional hydrocarbon-based energy sources in the future.
