Further to the Company's announcement of 19 April 2022, Baron Oil), is pleased to announce the relinquishment of its legacy Licence Block XXI in Peru and the release and successful return of its US$160,000 Bank Guarantee.
Through its fully owned subsidiary in Peru, Gold Oil Peru SAC, the Company continues to work withPerupetro SA (the Peruvian national Oil & Gas Agency and Licensing Authority)to establish and file an Abandonment Plan.
As previously announced, the Company will be holding its Annual General Meeting ("AGM") on 28 June 2022, and it intends to issue an AGM Statement on the day of the AGM. Following the conclusion of the formal business of the AGM, the Company will be holding a question and answer session for those attending.
