LIO 0.00% 1.9¢ lion energy limited

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  1. 43,765 Posts.
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    Just shows that I have not really been following LIO for a while

    Kind a looks interesting re

    LION currently holds a 30.77% equity interest in KRX and retains the exclusive right, but not the obligation, to move to a 57.14% equity position through additional funding of A$2 million to KRX.

    Post the farm-in of KRX, participating interests in the SBA PSC are:
    • 51% RENCO Elang Energy Pte Ltd
    • 14% PT Prosys Oil & Gas International
    • 35% KRX Energy (SBA) Pte Lt

    Source:
    SOUTH BLOCK “A” FARM-IN APPROVED 31st October 2012
 
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