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Lion Energy Advances Green Hydrogen Hub and Confirms Giant Oil Prospects

7:03pm on Monday 2nd of June, 2025 AEST Energy
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Lion Energy Advances Green Hydrogen Hub and Confirms Giant Oil Prospects

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Joint development agreement signed with Mitsubishi’s DGA and Samsung C&T for Port of Brisbane hydrogen hub
  • New seismic data interpretation confirms giant-sized Kobi and Waru prospects in East Seram PSC
  • Planned drilling of Kobi-1 well targeted for early 2026
  • Gross crude oil production from Seram Non-Bula PSC averaged 848 bopd in Q4 2024
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