Highlights

Baron Oil Plc is an independent oil and gas exploration and production company incorporated in the UK in April 2004. The Company currently holds exploration acreage in the UK and Timor-Leste. We concentrate on high potential impact projects at significant equity interests with low-cost entry into proven hydrocarbon provinces.

Timor Leste TL-SO-19-16 – Chuditch

Baron holds a 60% working interest and operates the TL-SO-19-16 Production Sharing Contract (“Chuditch PSC”) offshore Timor-Leste through its wholly owned subsidiary company SundaGas Banda Unipessoal Lda. (“Banda”). The main work programme obligation, to reprocess and interpret legacy 3D seismic data, was completed in early 2023. Ahead of a decision on progressing to the drilling phase of the licence, ongoing studies include evaluating candidate drilling locations and well trajectories for input into the final well design.

0 %

Interest

UKCS P2478 – Dunrobin

In August 2021 Baron executed a farmin agreement which increased its interest from 15% to 32% in Innovate Licence P2478 (Blocks 12/27c, 17/5, 18/1 and 18/2), which was awarded under the 31st Round of Offshore Licensing. Phase A work programme obligations were completed in early 2023. A decision on progressing to the drilling phase of the licence is under consideration.

0 %

Interest