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.