Relinquishment of UK Licenses PEDL330 & PEDL345

RNS Announcement

RNS Number : 8585O

Baron Oil PLC

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCTBMFTMTBBBBB

RNS metadata

Title: Relinquishment of UK Licenses PEDL330 & PEDL345
Time: 16:13:45
Date: 11 Feb 2021
Category: Miscellaneous
ID: 8585O