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Pin to quick picksBaron Oil Regulatory News (BOIL)

Baron Oil Information

Share Price Information for Baron Oil (BOIL)

London Stock Exchange
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Share Price: 0.065
Bid: 0.06
Ask: 0.07
Change: 0.00 (0.00%)
Spread: 0.01 (16.667%)
Open: 0.065
High: 0.065
Low: 0.065
Prev. Close: 0.065
BOIL Live PriceLast checked at -

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Operational Update

15 Dec 2015 08:30

RNS Number : 0749J
Baron Oil PLC
15 December 2015
 

15 December 2015

 

Baron Oil plc

("Baron " or "the Company")

 

Operations Update

 

The Board of Baron is pleased to confirm that it has now commenced the seismic acquisition programme in the area around the Minchales well location in the south of Block XXI, onshore Peru. The Board anticipates that the 2D acquisition programme, which will cover 180 kms, will take around 60 days to complete following which the data will be interpreted.

The seismic programme will fulfil the required work program for this period of the block ownership. The Board should be in a position in the 2nd quarter 2016 to make a decision on whether or not to drill an exploration well on this block.

 

For further information:

Baron Oil Plc

Bill Colvin (Chairman & CEO) Tel: +44 (0) 7780 684 108

 

Cantor Fitzgerald Europe 

Nominated Adviser and Broker

Sarah Wharry (Corporate Finance) Tel: +44 (0) 20 7894 7000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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