yes not sure but just read this again from their website.
read slowly
The Company is focused on South East Asia on account that the management team has thorough and diversified experience in this region and is able to apply knowledge and skills to acquisition and efficient operation in order to maximise returns on investment.
Lion Energy is actively sourcing new opportunities and applying managed risk assessment to identify suitable future investments by:
Utilising professional skills to thoroughly research opportunities and thereby quantify risk and reward - an approach that enables good investment opportunities to be easily recognised
Partnering with competent operators capable of meeting the criteria of considerable depth in financial reserves, as well as science and engineering best practices.
This approach enables Lion Energy to generate income from oil and gas reserves - which are often in remote or hostile environments - while leaving the risks and financial commitments of operating the venture to an outside partner.
The Seram (Non Bula) Block interest meets the Company’s investment criteria in that it contains:
producing reserves with long term revenue projections
significant upside exploration potential ranging from small low-risk shallow prospects to (a high-risk billion-barrel-plus prospect), plus additional prospects with risk and potential revenue profiles within this range.
does this part in brackets meen that they already have some idea or what it reads like they know or suspect something
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