News Oil & Gas

Baron Oil grants 175m incentive share options

Baron Oil plc has granted director Dr Andrew Butler share options over 175 million ordinary shares of 0.025 pence each in the company, at an exercise price of 0.07p. WELLS Dr Butler is a director of the company’s subsidiaries SundaGas (Timor- Leste Sahul) Pte. Ltd (TLS) and SundaGas Banda Unipessoal Lda (Banda). Banda operates the Timor-Leste […]

News Oil & Gas

Baron Oil continues focus on Chuditch

Baron Oil plc said it would continue to focus on its existing operated Chuditch gas PSC following the end of the second licensing round in Timor-Leste. CHUDITCH PSC The company’s subsidiary, SundaGas Banda Unipessoal Lda had conducted a detailed evaluation of the offshore blocks available in the round before concluding to focus on Chuditch. The […]