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Pin to quick picksBaron Oil Share News (BOIL)

Share Price Information for Baron Oil (BOIL)

London Stock Exchange
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Share Price: 0.0675
Bid: 0.065
Ask: 0.07
Change: -0.0025 (-3.57%)
Spread: 0.005 (7.692%)
Open: 0.07
High: 0.0675
Low: 0.0669
Prev. Close: 0.07
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IN BRIEF: Baron Oil declares fundraise successful but stock plunges

Fri, 16th Feb 2024 11:37

Baron Oil PLC - London-based oil and gas exploration and appraisal company - Confirms it has raised approximately GBP260,000 through retail offer for 528.0 million shares at 0.05 pence each. Company announced on Thursday that its recent "oversubscribed" placing and subscription had raised GBP3.0 million, with 6.00 billion shares priced at 0.025p each. Fundraise has therefore earned approximately GBP3.3 million in total. Baron expects placing, subscription and retail offer shares to be admitted to trading on AIM with effect on or around February 29.

Current stock price: 0.055 pence, down 27% on Friday in London

12-month change: down 75%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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18 Dec 2023 13:22

Baron Oil inks contract with Timor Gap for farm-up in Timor Leste

(Alliance News) - Baron Oil PLC on Monday said it has signed a memorandum of understanding with Timor Gap Chuditch Unipessoal Lda for the farm-up of the Chuditch production sharing contract, offshore Timor Leste.

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18 Dec 2023 11:34

Baron enters farm-up deal with Timor-Leste national oil firm

(Sharecast News) - Baron Oil announced a proposed farm-up agreement on Monday, under which it would assign a 15% working interest in the TL-SO-19-16 production sharing contract at Chuditch, offshore Timor-Leste, to a subsidiary of the Timor-Leste National Oil and Gas Company TIMOR GAP.

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5 Dec 2023 20:01

EARNINGS AND TRADING: Lowland Investment NAV falls but dividend hiked

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30 Nov 2023 14:25

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30 Nov 2023 14:10

Baron Oil moving forward with Chuditch appraisal drilling

(Sharecast News) - Baron Oil updated the market on preparations for drilling within the TL-SO-19-16 production sharing contract (PSC), located offshore Timor-Leste, on Thursday.

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11 Oct 2023 14:37

Baron Oil reveals plans for Chuditch appraisal well

(Sharecast News) - Baron Oil announced further details on the planned Chuditch-2 appraisal well in the Chuditch gas field on Wednesday, on the TL-SO-19-16 production sharing contract offshore Timor-Leste.

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11 Oct 2023 13:57

IN BRIEF: Baron Oil announces Chuditch-2 well location

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

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25 Sep 2023 14:25

Baron Oil focuses on oil production near Timor-Leste as loss widens

(Alliance News) - Baron Oil PLC on Monday reported an increased interim loss due to higher costs as it remained focused on its Chuditch production sharing contract about 115 miles south of Timor-Leste.

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5 Sep 2023 16:50

IN BRIEF: Oneiro appoints chair; restored to trading post-earnings

Oneiro Energy PLC - London-based special purpose acquisition company focused on energy transition, primarily away from oil - Appoints Andrew Yeo as non-executive chair. Says Robert Jones remain on the board as a non-executive director. Says Yeo has "significant expertise" in the oil and gas sector. Notes Yeo currently serves as chief executive officer of AIM-quoted Baron Oil PLC and has held a variety of roles in private equity, alongside operational and financial experience in exploration and production activities whilst serving as chief financial officer of Wessex Exploration PLC.

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12 Jul 2023 12:17

IN BRIEF: Reabold Resources gets extension for licence with Baron Oil

Reabold Resources PLC - oil and gas company with projects in the UK, US and Romania - Gets an extension until July 2025 for licence P2478, which it holds a 36% working interest in. Baron Oil PLC holds a 32% interest in the licence. The extension is from the UK North Sea Transition Authority.

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29 Jun 2023 18:56

TRADING UPDATES: abrdn New India, Chelverton UK net assets fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 Jun 2023 12:49

Baron Oil subsidiary gets extension to Chuditch PSC

(Sharecast News) - Baron Oil updated the market on the TL-SO-19-16 production sharing contract (PSC) on Friday, located offshore Timor-Leste.

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2 Jun 2023 10:23

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2 Jun 2023 09:09

Baron Oil "maximises chances" of farmout with Chuditch extension

(Alliance News) - Baron Oil PLC on Friday said its subsidiary, SundaGas Banda Unipessoal Lda, has been granted a six-month extension to its Chuditch contract in Timor-Leste.

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