South Block A PSC, 421 sq km, onshore N. Sumatra Basin. As part of its divestment programme, Lion Energy has sold its 40.7% interest to Blue Sky Resources for a nominal USD 10 fee, although Lion still has a right to a production royalty of up to USD 4.5 million. Operator Renco Elang Energy retains 59.3%. Amanah Timur-2 expl well still planned, likely this year, followed by a well into the Jerneh prospect.
Lion Energy has sold its 40,7% interest in South Block A PSC (421kmÂ²) to Blue Sky Resources (Renco op.59,3%)