Lion Energy's partially-owned KRX Energy has formalised a farm-in with Prosys Oil & Gas International (reducing to 14%) for 35% of the South Block A Production Sharing Contract in Indonesia. The 2,105 sq km block contains an un-risked potential range of 87-475 mmbbl for the oil case and between 370 bcf and 2tcf for the gas case in the existing prospects and leads inventory alone.
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