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Share Price: 0.07

Bid: 0.065

Ask: 0.075

Change: 0.0025 (3.70%)

Spread: 0.01 (15.385%)

Open: 0.0675

High: 0.07

Low: 0.0675

Prev. Close: 0.0675

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IN BRIEF: Baron Oil announces Chuditch-2 well location

Wed, 11th Oct 2023 13:57

Baron Oil PLC - London-based oil & gas exploration and appraisal company - Says chosen location for

Chuditch-2 well is 4.8 kilometres from Chuditch-1. Says Chuditch-2 will use a vertical well design to target a gas column of over 100 metres. It will be drilled in late 2024, with drilling expected to take 21 days. Adds water depth at Chuditch-2 location is 60 metres and the well to be drilled to 3,020 metres below mean sea level.

Current stock price: 0.080 pence, up 1.7%

12-month change: down 12%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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11 Sep 2020 09:15

Baron Oil losses widen amid issues in Timor and Peru

(Sharecast News) - Asia, Latin America and UK-focussed oil and gas exploration company Baron Oil reported an operating loss of £0.53m for its first half on Friday, widening from £0.31m year-on-year.

22 Jul 2020 15:58

UK Shareholder Meetings Calendar - Next 7 Days

29 Jun 2020 18:13

IN BRIEF: Baron Oil Expects Progress Once Covid-19 Subsides

22 Jun 2020 16:09

UK Shareholder Meetings Calendar - Next 7 Days

22 Apr 2020 16:58

Baron Oil Inks Shareholder Pact For Stake In Timor-Leste Project

22 Apr 2020 09:31

Baron Oil executes shareholders' agreement with SundaGas

(Sharecast News) - Exploration and production company Baron Oil has executed a shareholders' agreement with SundaGas Resources, governing the operation of SundaGas Timor-Leste Sahul, in which Baron now has a 33.33% shareholding, it announced on Wednesday.

8 Apr 2020 12:25

Baron Oil relinquishes one licence on Inner Moray Firth

(Sharecast News) - Baron Oil updated the market on the Inner Moray Firth (IMF) on Wednesday, having been awarded exclusive licenses over seven blocks and part blocks in the IMF, part of the UK continental shelf, under the 31st Offshore Licensing Round in September, alongside its joint venture partners.

14 Feb 2020 13:15

Baron Oil Raises GBP2.5 Million To Fund Work Programme And Drilling

28 Jan 2020 12:20

Baron Oil Shares Drop As SundaGas Merger Abandoned Over Uncertainties

14 Nov 2019 11:28

Baron Oil Agrees "Transformational" Merger With Partner SundaGas

11 Nov 2019 13:33

Baron Oil To Discuss Timor-Leste Contract Award With Investee SundaGas

8 Nov 2019 13:43

Baron Oil Notes Award Of Chuditch PSC To Potential Investee SundaGas

1 Nov 2019 12:12

UPDATE: United Energy Backs Call To Not Accept UK Petroleum Licence

1 Nov 2019 11:45

Baron Oil joint venture rejects new licences after changes

(Sharecast News) - Oil and gas exploration and production company Baron Oil updated the market on its UK operations on Friday, reporting that due to a recent change in the demarcation of the landward-versus-seaward licensing boundary, which has now placed most of the Poole Bay area under landward jurisdiction, the joint venture group operated by Corallian Energy has been informed by the Oil & Gas Authority that the more prospective areas in Blocks 98/11b and 98/12 - provisionally awarded to the joint venture in the 31st Seaward Licensing Round - could now form part of the area offered to the group.

1 Nov 2019 11:20

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IN BRIEF: Baron Oil announces Chuditch-2 well location

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