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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0065 | -9.42% | 0.0625 | 0.06 | 0.065 | 0.07 | 0.0625 | 0.07 | 204,934,489 | 13:33:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -1.39M | -0.0001 | -6.00 | 11.39M |
TIDMBOIL
RNS Number : 1966O
Baron Oil PLC
16 May 2018
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
16 May 2018
Baron Oil Plc
("Baron Oil" or "the Company")
OGA approval received for assignment of 15% interest in P2235 to Baron
Baron Oil (AIM: BOIL) is pleased to announce that it has been informed by Corallian Energy Limited, as operator of UK Seaward Production Licence P2235 (UKCS Block 11/24b), that the Oil & Gas Authority ("OGA") has approved the assignment to the Company of a 15% interest in this licence, which contains the Wick Prospect.
Malcolm Butler, Chairman & CEO of Baron Energy PLC, said:
"This approval enables Baron to formalise its 15% interest in the licence holding the Wick Prospect and become a full voting party under the Joint Operating Agreement, which is now being prepared and will govern operations on the licence."
For further information, please contact:
+44 (0)1892 Baron Oil Plc 838 948 Malcolm Butler, Chairman & Chief Executive Officer +44 (0)20 3470 SP Angel Corporate Finance LLP 0470 Nominated Adviser and Broker Lindsay Mair, Richard Hail, Richard Redmayne
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 16, 2018 02:00 ET (06:00 GMT)
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