Baron Oil, the South America-focused oil producer, slipped into losses in the first half of the year but has stabilised the business and cut costs. The AIM-listed company posted an operating loss of £2.1m in the six months ended 30 June, down from a profit of £289,000 in the same period in 2013. Th
Read moreLONDON (Alliance News) - Baron Oil PLC Monday said the environmental impact assessment for the next stage of operations at offshore block Z-34 in Peru has been approved by the country's Ministry of Mines, meaning it can now proceed with all remaining exploration phases without having to apply for
Read moreLONDON (Alliance News) - Baron Oil PLC Tuesday said it narrowed its losses in 2013 after booking significantly lower intangible asset impairment charges in the year, when compared to a year earlier. The Latin America-focused oil and gas exploration and production company reported a net loss
Read moreLONDON (Alliance News) - Baron Oil PLC Monday said it has sold half of its Inversiones Petroleras de Colombia SAS subsidiary to Colombia's CI International Fuels Ltd for USD2 million in cash, while assessments at its Peru operations are moving towards completion. Inversiones Petroleras, or
Read moreLONDON (Alliance News) - The global equities sell-off has continued Monday ahead of the Federal Reserve's next decision on whether to knock a further slice off its economic stimulus package, while negative news about Vodafone and BG Group are also weighing hea
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
Severn Trent, up 1.5%, and United Utilities, up 0.9%. The gains follow th
LONDON (Alliance News) - Baron Oil PLC Monday says "terrorist attacks" at its Nancy Burdine Maxine Fields in Colombia have affected production. The oil and gas exploration and production company, with operations in Latin America, said the Putumayo region was the scene of a series of terrori
Read moreBaron Oil's shares surged on Tuesday after the company announced a farm-out agreement with S&J Full Services in the Nancy- Burdine-Maxime (NBM) field, Colombia. The AIM-listed oil and gas firm will farm-out 50% of its interest in the field, which is located in the Putumayo Basin, to S&J. Baron Oi
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