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BOIL Baron Oil Plc

0.0675
0.0025 (3.85%)
Last Updated: 14:36:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Baron Oil Plc LSE:BOIL London Ordinary Share GB00B01QGH57 ORD 0.025P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0025 3.85% 0.0675 0.065 0.07 0.0675 0.065 0.065 131,091,607 14:36:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -1.39M -0.0001 -6.00 11.39M

Baron Oil PLC Update on Final Assignment for Block Z-34 Peru (7942X)

24/02/2017 9:34am

UK Regulatory


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TIDMBOIL

RNS Number : 7942X

Baron Oil PLC

24 February 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY BARON OIL PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Baron Oil plc

Update on Final Assignment for Block Z-34 Peru

Baron Oil PLC (AIM:BOIL) ("Baron") is very pleased to announce that the Public Deed, the final document effecting the farm out to Union Oil & Gas Group ("UOGG") of the interest in Block Z-34 in Peru, has now been signed by the Central Bank of Peru. UOGG is now liable to pay Baron the sum of US$2 million, on which Baron will have to pay Peruvian tax at 32%.

For further information on the Company, visit www.baronoilplc.com or contact:

Baron Oil Plc: Tel: +44 (0)1892 838948

Malcolm Butler (CEO)

   Cantor Fitzgerald (Nominated Advisor and Joint Broker):     Tel: +44 (0)20 7894 7000 

Sarah Wharry (Corporate Finance)

Alex Pollen (Corporate Broking)

SP Angel (Joint Broker) Tel: +44 (0)20 7470 0470

Richard Hail / Richard Redmayne

The person making this notification on behalf of Baron Oil plc is Geoff Barnes, the Chief Financial Officer and Director of the Company.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEANALADAXEEF

(END) Dow Jones Newswires

February 24, 2017 04:34 ET (09:34 GMT)

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