Lion Energy snares stake in Papua Petroleum

AUSTRALIAN junior Lion Energy has purchased 19.49% of Papua Petroleum from Gas Link Global for $A3 million (K8.03 million) with more than 20 million fully paid ordinary shares.

Lion Energy snares stake in Papua Petroleum Lion Energy snares stake in Papua Petroleum Lion Energy snares stake in Papua Petroleum Lion Energy snares stake in Papua Petroleum Lion Energy snares stake in Papua Petroleum

Gas Link is a subsidiary of ASX-listed Liquefied Natural Gas Limited, which plans to establish a third LNG plant project in PNG - although the company has not made any recent announcements on this

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