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Lion Energy announces strategic review of assets

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Oilfield Technology,

Lion Energy Limited advises it is undertaking a Strategic Review of its oil and gas assets.

Strategic Review of Assets

The board of directors is undertaking a strategic review of the company’s assets, with a view to rationalising any non-core assets and focussing on a production orientated portfolio of projects. The results of this work are expected in early March, 2018. In addition, the company continues to review production opportunities in the region with a view to bolstering the company’s oil production in the medium term.

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