Baron Oil plc has exited the UK after failing to secure new North Sea blocks in the 33rd licensing round and the earlier relinquishment of the Dunrobin-Golspie joint venture licence. Chief executive Dr Andy Butler said: “We can now focus all our attentions on our core area of SE Asia, where we have an exciting […]
Tag: Baron Oil plc
Baron appoints new chairman in board changes
Baron Oil plc has made further board changes with the appointment of Gerry Aherne as new independent non-executive chairman, with immediate effect. Other company moves will see technical director Jon Ford leave the board at the end of April 2024 but remain in a part-time consultancy role of technical adviser. John Chessher has joined […]
Baron chooses new Chuditch-2 drill site
Baron Oil plc has chosen a new drill location after finding the original site unsuitable for a jack-up rig for the Chuditch-2 appraisal well, offshore Timor-Leste. DRILL PLANS A now completed geotechnical survey, focused on physical studies of the seabed, revealed that the initial chosen area was an irregular seabed unsuitable for a jack-up drilling […]
Dunrobin-Golspie licence to be surrendered
Baron Oil plc said that North Sea licence P2478, containing the Dunrobin and Golspie prospects, will be surrendered due to delays acquiring 3D seismic data. EFFORTS The news comes eight months after licence administrator Reabold Resources plc was granted a further two years subject to acquisition of a minimum 30km2 of 3D seismic data. Baron holds […]
Baron completes Chuditch-2 geophysics
Baron Oil plc has completed its geophysical site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste. SEABED The company said that despite weather conditions causing operational delays its subsidiary has now incorporated the results into the geotechnical survey planning. Adverse weather also delayed the vessel due to conduct the geotechnical […]
Baron Oil chairman and CEO step down
Baron Oil plc non-executive chairman John Wakefield and chief executive officer Andy Yeo have stepped down. Dr Andy Butler, currently director Asia-Pacific, becomes CEO with immediate effect. Mr Yeo remains on the board until the end of March to transfer responsibilities to the new CEO, while Mr Wakefield will leave the board once a new […]