The partners in the Seram (Non-Bula) Production Sharing Contract (PSC) in eastern Indonesia have completed a crude oil lifting of 357,786 bbl, said Lion Energy. “We continue to be pleased by the solid produc- tion performance from the Seram project which is exceeding our production forecasts. We now look forward to the drilling of the Lofin-2 appraisal well, which has material upside potential for Lion,” said Lion’s CEO Kim Morrison.
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