RNS Baron Oil PLC (AIM:BOIL) ("Baron" is very pleased to announce that the Public Deed, the final document effecting the farm out to Union Oil & Gas Group ("UOGG" of the interest in Block Z-34 in Peru, has now been signed by the Central Bank of Peru. UOGG is now liable to pay Baron the sum of US$2 million, on which Baron will have to pay Peruvian tax at 32%.
NAPE - Houston Texas - Today I believe BOIL has a booth at NAPE - North America Petroleum Explorers Expo - today is the big day! The expo runs Wednesday to Friday and I think is the largest in the world!!!Funky
Heart Beat Do you think some one has got the defibrillator on this stock! LOL!😎👍🏼
Merry Christmas & a Happy New Year. Lets hope the new year brings a good result for everyone holding these shares.
Vast resources
Did i miss something Does anybody know the reason behind the recent volatility?
RNS RNS of 15/5/2015 states we had signed contract for 180k survey at a fixed price of $1.5m. Why have we now got 170K survey for $1.9M? I've heard the modern mantra of more for less but we seem to have less for more!
buy its time
Re: BOIL No IncomeCash being whittled away on running costs and directors wagesNo chance of anyone farming in with the Price of Oil under $40 a barrel and dropping and the majors cutting back on expenditure.Unless the POO increases to $80 plus this company is going to struggle IMHO
Re: BOIL What you talking about 1to7. All offshore costings are paid for by the farminee including drilling over next 3-5years- probably equating to net $50m/ 20%!. Current cash position is more than the mkt cap- they are well funded to develop onshore XXI also. They also have $3.6m cash held in escrow offshore and a few £m in NI which is guaranteed return minimum. BOIL are the cash lender!
Today Down 10% and no news?
Anybody Here Hope Still Hi All:Haven't heard from anybody! Let's not let this puppy die............ Any comments from Mayflower27? Always like his posts.......... Best to all Any news..........???
Fear the worst for this share. Cannot see where they are going to get finance for continued exploration. Still hope for the best, ever the optimist.
Still Have hope! The former CEO died last year suddenly and the company is under new leadership. I can only hope for the best. Check recent news releases. Check Google finance for press releases or LSE. I follow every day and still hope for recovery! Been a shareholder for about 8 years and I live in Canada. All the best to supporters!
anybody there has anyone any idea what is happening with this share. Continually creeping down.