Baron Oil Gets Extension to Timor-Leste Production Sharing Contract

By Kyle Morris

Baron Oil PLC stated Tuesday {that a} subsidiary that operates a manufacturing sharing contract offshore Timor-Leste has been granted a six-month extension to the deal.
The oil-and-gas exploration and appraisal firm stated SundaGas Banda Unipessoal Lda. has been granted a six-month extension to contract yr two of the TL-SO-19-16 manufacturing sharing contract by Autoridade Nacional do Petroleo e Minerais.

Shares in Baron Oil at 0738 GMT have been up 0.01 pence, or 5.6%, at 0.10 pence.
Write to Kyle Morris at kyle.morris@dowjones.com