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Relinquishment of UK Licenses PEDL330 & PEDL345

11 Feb 2021 16:13

RNS Number : 8585O
Baron Oil PLC
11 February 2021
 

 

11 February 2021

Baron Oil Plc

("Baron" or "the Company")

Relinquishment of UK Licenses PEDL330 & PEDL345

Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration company, announces that in accordance with the Operator's recommendation, the PEDL330 and PEDL345 licenses, which were due to expire on 31 July 2021, have been relinquished with an effective date of 31 January 2021.

Baron held an 8% interest in both PEDL330 & PEDL345.

For further information, please contact:

Baron Oil Plc

+44 (0)20 7117 2849

Andy Yeo, Chief Executive Officer

Allenby Capital Limited

+44 (0)203 328 5656

Nominated Adviser and Joint Broker

Alex Brearley, Nick Harriss, Nick Athanas (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

Turner Pope Investments (TPI) Limited

+44 (0)20 3657 0050

Joint Broker

Andy Thacker, Zoe Alexander

 

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