Upland Resources plc, partner in the Dunrobin prospect, has “unequivocally rejected” an unsolicited “very preliminary” approach for a possible takeover. ASSETS The South East Asian company holds 32% in the Inner Moray Firth joint venture, with Reabold Resources plc (36%) and Baron Oil (32%). It also has a 25% interest in onshore block SK46c in […]
Tag: UKCS P2478 – Dunrobin
Baron costs rise in year of ‘considerable progress’
Baron Oil plc said it made considerable progress last year by increasing its stake in oil and gas licences in Timor Leste and the UK. FINANCES The company’s interests include Timor Leste TL-SO-19-16 – Chuditch (75%), UKCS P2478 – Dunrobin (32%) and Peru Block XXI – El Barco (100%). Baron Oil’s audited financial results for […]