Baron Oil PLC - oil and gas exploration company with assets in the UK, Peru and Timor-Leste - Relinquishes its legacy licence block XXI in Peru. Company also releases and returns its $160,000 bank guarantee. Through its wholly-owned subsidiary, Gold Oil Peru SAC, the company will continue to work with Perupetro SA to file an abandonment plan.

Current stock price: 0.073 pence

12-month change: down 8.5%

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