Lion Energy Limited announced the appointment of new directors to lead the company as it builds on its strategy to be a first mover in the Indonesian unconventional oil and gas industry. The new Directors effective from 10 January 2014 are Mr. Kim Morrison, who has also been appointed Chief Executive Officer, as well as Mr. Chris Newton and Mr. Tom Soulsby, who will both be Non-executive Directors. They will join existing Chairman, Mr. Russell Brimage.

The new Board has an impressive mix of commercial, technical and operational expertise and all the members have long and successful track records in creating value in Indonesia. The company announced that Mr. Weidong Zhang and Mr. Simon Reeve will be stepping down as Non-executive Directors effective from 16 January 2014.