Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Baron
LIES LIES AND MORE LIES...NO timescale given for lab results as per last rns and interview!!! Nor even a mention...
So provide facts from last Mondays rns or interview which you can't as you are a trader here spouting absolute s hite to get a couple of free pints at spoons!!!
EVIDENCE PLEASE BARON FROM LAST WEEKS RNS AND PROACTIVE INTERVIEW!!!
Sir
Doubt that very much.I bought in at 0.52 and pulled my investment out at 1 6
On a free ride here so daily ups and downs concern me not!!!
I only want the LTH here to at least get their money back unlike you!!!
12 February 2024
12 February 2024
Baron Oil Plc
("Baron", or the "Company")
Operational Update on Chuditch PSC - Drilling Site Survey
Baron Oil Plc (AIM: BOIL) is pleased to provide an update on operational activities on the TL-SO-19-16 Production Sharing Contract (the "Chuditch PSC" or the "PSC"), offshore Democratic Republic of Timor-Leste.
Baron's wholly owned subsidiary, SundaGas Banda Unipessoal Lda. ("SundaGas"), has entered into contracts to conduct a survey (the "Site Survey") at the planned drilling location for the Chuditch-2 appraisal well, which is illustrated in the Company's presentation published on 11 October 2023. Site Survey operations are expected to be carried out at the location during February and early March 2024.
The objective of the Site Survey, which is a requirement, is principally to identify any potential hazards at the proposed well site, ensuring that a drilling rig can be safely located there with minimal environmental impact. The Site Survey work consists of geophysical studies and physical investigation of the seabed and shallow geological section.
SundaGas maintains dialogues with other companies active in the region to identify operational synergies for the drilling of the Chuditch-2 appraisal well. These discussions have resulted in the opportunity to acquire the Site Survey in partnership with a nearby operator. The estimated cost savings that derive from sharing services and vessel mobilisation compared to standalone acquisition are significant. In addition, the shared operation enables SundaGas to acquire the Site Survey earlier than originally planned, enabling aspects of well design to be accelerated and the environmental approval submissions to be expedited.
For further information, please contact:
Baron Oil Plc +44 (0) 20 7117 2849
Andy Yeo, Chief Executive
Allenby Capital Limited +44 (0) 20 3328 5656
Nominated Adviser and Joint Broker
Alex Brearley, Nick Harriss, George Payne (Corporate Finance)
Kelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)
Cavendish Capital Markets Limited +44 (0) 131 220 6939 / +44 (0) 207 397 8900
Joint Broker
Neil McDonald, Pearl Kellie (Corporate Finance)
Leif Powis (Sales)
IFC Advisory Limited +44 (0) 20 3934 6630
Financial PR and IR baronoil@investor-focus.co.uk
Tim Metcalfe, Florence Chandler
Obviously traders who sold out Friday but they never mention all of the BIG money buys which came in last week.
Once the rns lands tomorrow or at some point throughout the day which it will confirming the results then who knows what the sp will re rate to?
What say you trolls as you have ZERO knowledge about geology nor how to make life changing money!!!
If a few pints in spoons float your boat with a couple of quid profit then go for it !!!
Roger agreed as I have looked back on interviews rns's and NEVER has timescale been mentioned when they get the lab results said.
Castle
The shares have been forward sold,how many who knows but they would not buy at that price and on the day they hit the market can sell and make hardly any money if anything!!! Not how placings work.
Would love to see he1 put something out on X over the weekend and keep all the naysayers guessing lol.
Now that would be brilliant but we all know who are invested here the life changing money is just around the corner!!!
Joe
I have done that course even though I have nothing to do with that side of things.Just kick tyres me and wave cheerio see you later.
But OMG that course is like trying to learn how to split the atom!!!!
I'm sure the tests sent to the lab have been expedited pdq hence the raise this week so they can focus on the next stage.
They already know the results coming back will be breathtaking and I am expecting an rns early next week.