Lion Energy Ltd

Lion Energy Limited is principally engaged in oil and gas exploration, development and production and investment in the oil and gas industry and progressing its green hydrogen strategy. It operates through two segments: Oil & Gas and Green Hydrogen. It has secured a land position on the under-explored Seram Island, East Indonesia containing the 1.5-2 TCF Lofin gas discovery. It has 2.5% of the Seram (Non Bula) Block PSC (SNBB), which covers an area of approximately 1,353 square kilometers (km2). It has 60% of the East Seram PSC (ES). ES covers an area of over 4,557 km2. Its East Seram PSC acreage is centrally located in the but underexplored fold belt play with thick carbonate reservoir targets and Jurassic source rocks. The Seram (Non Bula) PSC provides existing production with material upside of the Lofin gas condensate discovery. It has a green hydrogen production and refueling hub at the Port of Brisbane with a capacity exceeding over 300 tons of green hydrogen per annum.