Lion Energy announces strategic review of assets
Wednesday, Feb 14, 2018
Lion Energy Limited (“Lion” or “Company”; ASX: LIO) advises it is undertaking a Strategic Review of its oil and gas assets, and the following changes to the board of directors, effective immediately.

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 mediumterm.

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