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Baron Oil joint venture rejects new licences after changes

Published by Josh White on 1st November 2019

(Sharecast News) - Oil and gas exploration and production company Baron Oil updated the market on its UK operations on Friday, reporting that due to a recent change in the demarcation of the landward-versus-seaward licensing boundary, which has now placed most of the Poole Bay area under landward jurisdiction, the joint venture group operated by Corallian Energy has been informed by the Oil & Gas Authority that the more prospective areas in Blocks 98/11b and 98/12 - provisionally awarded to the joint venture in the 31st Seaward Licensing Round - could now form part of the area offered to the group.

URL: http://www.digitallook.com/dl/news/story/29795956/...

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