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Lion Energy (ASX:LIO) Accounts Payable & Accrued Expense for Financial Companies


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What is Lion Energy Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Lion Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lion Energy Ltd (ASX:LIO) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
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Address
295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008
Lion Energy Ltd is engaged in oil and gas exploration, development, and production; making investments in the oil and gas industry; and exploring green hydrogen opportunities. The company holds interests in the Seram (Non Bula) Block PSC and the East Seram PSC oil and gas fields located on Seram Island, East Indonesia. In addition, it has a green hydrogen production and refueling hub at the Port of Brisbane in Australia. The company has two reporting segments: Oil & Gas and Green Hydrogen. A majority of its revenue is generated from the Oil & Gas segment, which derives income through the sale of oil lifted from the Seram (Non-Bula) PSC block located in Indonesia.