27 April 2015
Baron Oil plc
("Baron Oil" or "the Company")
Columbia Operations Update
The Company is pleased to advise that further to its announcement of 7 April 2015, oil production has now resumed from the Nancy#1 well in the Nancy Burdine Maxine field, Columbia. Production is gradually increasing up to the expected level of 400 bbls of oil per day.
Maintenance work will commence on 28 April 2015 on the Acae River Bridge. This work is expected to last for up to 60 days and during that time there may be short periods when the bridge is temporarily closed. The Company does not expect that these closures will impact its export trucking and it is expected that the field should be able to continue producing on an uninterrupted basis during this period.
For further information on the Company, visit www.baronoilplc.com or contact:
Baron Oil plc Bill Colvin, Chairman and Chief Executive |
+44 (0)7780 684 108 |
Cantor Fitzgerald Europe (Nomad and Broker) Sarah Wharry, Corporate Finance Richard Redmayne, Corporate Broking |
+44 (0)20 7894 7000 |
