Lion awarded new conventional joint study
Monday, September 12 2016 - 02:09 AM WIB
By Romel S. Gurky
ASX-listed Lion Energy Limited has been recently awarded a new conventional Joint Study in Eastern Indonesia which is expected to be completed over the next 12 months.
This was said by the company in a statement last week, but did not provide further details.
Lion said on September 9 that the Bohorok and Bengkalis joint studies in Sumatra were completed and lodged with the Indonesian Government in February 2016, and the management expected the two areas will be gazetted for award as a PSC in late-2016/early-2017.
Editing by Reiner Simanjuntak