Lion Energy Advances Green Hydrogen Project in Port of Brisbane
Key Ideas
- Lion Energy is making progress with its green hydrogen project at the Port of Brisbane, including selecting an EPC contractor.
- The company is also focusing on shallow oil prospects in East Seram PSC for early cash flow, with plans for drilling announcements by Q3.
- For investors looking for stock opportunities, following recommendations from top-performing analysts can be beneficial.
- Subscribe to the Smart Investor newsletter for expert stock picks and real-time notifications on news and analysis for your stock watchlist.
Lion Energy is moving forward with its green hydrogen project situated at the Port of Brisbane. The project involves the selection of an engineering, procurement, and construction (EPC) contractor, indicating the project's advancement. Additionally, Lion Energy is directing its attention to shallow oil prospects in East Seram PSC, with a strategy to generate early cash flow from this venture. The company plans to make announcements regarding drilling activities by the third quarter. In terms of investment opportunities, the article suggests following the recommendations of top-performing analysts to identify potential stocks for investment. Investors are encouraged to subscribe to the Smart Investor newsletter, which offers weekly expert stock picks. By subscribing, individuals can receive real-time notifications on news and analysis, tailored to their stock watchlist. Those interested in staying informed about investment opportunities and market trends are encouraged to download the TipRanks app to access a range of investing resources.