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Update on UOGG

17 Mar 2017 08:39

RNS Number : 7951Z

Baron Oil PLC

17 March 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY BARON OIL PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Baron Oil plc

Baron Oil reports funds not yet received from Union Oil & Gas Group

Baron Oil PLC (AIM:BOIL) reports that its Peruvian subsidiary, Gold Oil Peru SAC, did not receive the $2 million due from Union Oil & Gas Group (UOGG) by the date specified in the Farm In Agreement. Discussions are underway with UOGG in an attempt to resolve this issue.

For further information on the Company, visit www.baronoilplc.com or contact:

Baron Oil Plc: Tel: +44 (0)1892 838948

Malcolm Butler (CEO)

Cantor Fitzgerald (Nominated Advisor and Joint Broker): Tel: +44 (0)20 7894 7000

Sarah Wharry (Corporate Finance)

Alex Pollen (Corporate Broking)

SP Angel (Joint Broker) Tel: +44 (0)20 7470 0470

Richard Hail / Richard Redmayne

The person making this notification on behalf of Baron Oil plc is Geoff Barnes, the Chief Financial Officer and Director of the Company.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFMGMFRNRGNZG

Date		Source	Headline
4th Jan 2007	9:00 am	RNS	Interim Results
2nd Jan 2007	7:01 am	RNS	Total Voting Rights
14th Dec 2006	9:26 am	RNS	Shareholding
8th Dec 2006	4:47 pm	RNS	Shareholding
7th Dec 2006	5:29 pm	RNS	Shareholding
7th Dec 2006	10:46 am	RNS	Testing Update
7th Dec 2006	10:42 am	RNS	Perupetro Approval
7th Dec 2006	7:01 am	RNS	Z-34 Perupetro approval recd
20th Nov 2006	4:42 pm	RNS	Exercise of Warrants
15th Nov 2006	6:28 pm	RNS	Shareholding
14th Nov 2006	9:31 am	RNS	Shareholding
10th Nov 2006	2:05 pm	RNS	Shareholding
7th Nov 2006	1:11 pm	RNS	Shareholding
3rd Nov 2006	11:01 am	RNS	Updates on Peru and Colombia
2nd Nov 2006	5:06 pm	RNS	Shareholding
2nd Nov 2006	10:54 am	RNS	Interest in Shares
30th Oct 2006	6:12 pm	RNS	Shareholding
30th Oct 2006	9:49 am	RNS	Shareholding
24th Oct 2006	9:32 am	RNS	Shareholding
9th Oct 2006	11:24 am	RNS	Warrants Issue and Dealings
5th Oct 2006	12:36 pm	RNS	Update, Directors' Dealings
2nd Oct 2006	9:48 am	RNS	Drilling Report
26th Sep 2006	8:00 am	RNS	Final Results
7th Sep 2006	1:59 pm	RNS	Shareholding
6th Sep 2006	5:09 pm	RNS	Shareholding
5th Sep 2006	4:09 pm	RNS	Issue of Shares - Correction
4th Sep 2006	10:39 am	RNS	Update on San Alberto 1X
30th Aug 2006	5:13 pm	RNS	Issue of Shares
25th Aug 2006	3:35 pm	RNS	Equity Issue, Share Price
15th Aug 2006	4:27 pm	RNS	Shareholding
14th Aug 2006	6:18 pm	RNS	Significant Shareholding
11th Aug 2006	4:19 pm	RNS	Significant Shareholding
7th Aug 2006	10:28 am	RNS	Production Test Update
12th Jul 2006	4:21 pm	RNS	Update on Blocks
10th Jul 2006	3:06 pm	RNS	Update on block Z-34 Peru
19th Jun 2006	12:18 pm	RNS	Shareholding
19th Jun 2006	10:18 am	RNS	Shareholding
15th Jun 2006	3:22 pm	RNS	Shareholding
2nd Jun 2006	9:20 am	RNS	Placing
25th May 2006	4:40 pm	RNS	Shareholding
24th May 2006	12:06 pm	RNS	Stmt re potential placing
23rd May 2006	4:56 pm	RNS	Drilling rig contract signed
23rd May 2006	3:18 pm	RNS	Director's Dealings
8th May 2006	7:02 am	RNS	Offshore Peru joint venture
8th May 2006	7:01 am	RNS	Joint Venture Agreement
5th May 2006	1:20 pm	RNS	Formal Licence Signing
2nd May 2006	6:13 pm	RNS	Shareholding
21st Apr 2006	1:02 pm	RNS	Ministry Approval
13th Apr 2006	10:32 am	RNS	Strategic Partner in Brazil
9th Mar 2006	11:49 am	RNS	Acquisition of Interest

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