Timor Leste: Baron Oil announces Chuditch PSC update - 6 month extension granted
Baron Oil has announced an update on the TL-SO-19-16 Production Sharing Contract ('Chuditch PSC'), offshore Democratic Republic of Timor-Leste. Baron's wholly owned subsidiary, SundaGas, has been granted a further six-month extension to Contract Year Two of the PSC. The Company remains in discussions with third parties regarding participation in the Chuditch appraisal well and future activities.