Baron Oil (BOIL)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.097p
   
  • Change Today:
      0.005p
  • 52 Week High: 0.12
  • 52 Week Low: 0.050
  • Currency: UK Pounds
  • Shares Issued: 25,511m
  • Volume: 114,140,876
  • Market Cap: £24.78m

InfraStrata, Baron Oil to plug, abandon Woodburn Forest-1 well

By Andrew Schonberg

Date: Thursday 16 Jun 2016

LONDON (ShareCast) - (ShareCast News) - Shares in InfraStrata and Baron Oil fell more than 20% after they confirmed the Woodburn Forest-1 well in Northern Ireland would be plugged and abandoned.
The well, in County Antrim, was drilled to a depth of 2,000 metres and encountered two conventional sandstone reservoir intervals, the Triassic Sherwood and the Lower Permian Sandstones.

Wireline log analysis had calculated porosities of more than 20% in the upper parts of both the Sherwood and the Lower Permian Sandstones, but both targets were water wet. The well would now be plugged and abandoned.

"It is naturally disappointing not to have encountered a hydrocarbon accumulation and the joint venture will now fully evaluate the data collected in the well and decide where to focus its future exploration activity in the basin," said InfraStrata chief executive Andrew Hindle.

At 16:20 BST, InfraStrata was down 21.8% to 1.52p, while Baron Oil was lower 22.73% to 0.42p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Baron Oil Market Data

Currency UK Pounds
Share Price 0.097p
Change Today 0.005p
% Change -4.76 %
52 Week High 0.12
52 Week Low 0.050
Volume 114,140,876
Shares Issued 25,511m
Market Cap £24.78m

Baron Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.5% below the market average32.5% below the market average32.5% below the market average32.5% below the market average32.5% below the market average
86.84% below the sector average86.84% below the sector average86.84% below the sector average86.84% below the sector average86.84% below the sector average
Price Trend
68.99% above the market average68.99% above the market average68.99% above the market average68.99% above the market average68.99% above the market average
82.28% above the sector average82.28% above the sector average82.28% above the sector average82.28% above the sector average82.28% above the sector average
Income Not Available
Growth Not Available

Baron Oil Dividends

No dividends found

Trades for 18-Jun-2024

Time Volume / Share Price
10:16 2,016,418 @ 0.100p
10:07 20,000 @ 0.11p
10:07 1,904 @ 0.11p
10:07 9,523 @ 0.095p
10:07 1,795,715 @ 0.100p

Baron Oil Key Personnel

CEO Andrew (Andy) Butler

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