6 Oct 2015 08:09
6 October 2015
Baron Oil plc
("Baron" or "the Company")
Peru Block XXI Update
The board of Baron is pleased to announce that the Company's local subsidiary (Gold Oil Peru S.A.C.) is now in receipt of the final payment of $1.25 million from Vale Oil & Gas, Peru in relation to the farm out of Block XXI (announced on 10th September 2014).
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