Baron Oil PLCLSE Baron Oil Stock Report

Baron Oil Plc engages in exploration of oil and gas. The firm is engaged in exploration, development and production of, oil and gas reserves, and other related activities. Its geographic segments include United Kingdom, South America and Southeast Asia. The Company’s projects include Timor-Leste Tl-S0-19-16 PSC (Chuditch PSC) and United Kingdom (UK) Offshore UKCS P2478. The Chuditch PSC is located approximately 185 kilometers south of Timor-Leste, 100 kilometers east of the producing Bayu-Undan field, and 50 kilometers south of the Greater Sunrise potential development. The company covers an area of approximately 3,571 square kilometers, in water depths of 50-100 meters. The UK Offshore UKCS P2478 is situated in the Inner Moray Firth, the P2478 license contains the Dunrobin prospect which consists of large shallow rotated fault block. Its subsidiaries include Gold Oil Peru S.A.C and SundaGas (Timor-Leste Sahul) Pte. Ltd.