SNDA Sunda Energy Plc

2 April 2024

Baron Oil Plc

("Baron", or the "Company")

Directorate change

Further to the announcement released by the Company on 15 March 2024, Baron Oil Plc (AIM: BOIL) announces that Andy Yeo has stepped down from the Board of Baron with effect from 1 April 2024. This follows on from the completion of the transition of responsibilities to Andy Butler as the Company's new Chief Executive Officer.

The Company is making good progress with respect to the appointment of a new Non-Executive Chair and a further announcement will be made by the Company at the appropriate time.

For further information, please contact:                                                   

Baron Oil Plc                                                  +44 (0) 20 7117 2849

Dr Andy Butler, Chief Executive Officer

Allenby Capital Limited                                +44 (0) 20 3328 5656

Nominated Adviser and Joint Broker 

Nick Athanas, Nick Harriss, George Payne (Corporate Finance)

Kelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)

Cavendish Capital Markets Limited             +44 (0) 131 220 6939 / +44 (0) 207 397 8900

Joint Broker

Neil McDonald, Pearl Kellie (Corporate Finance)

Leif Powis (Sales)

IFC Advisory Limited                                     +44 (0) 20 3934 6630

Financial PR and IR                                         baronoil@investor-focus.co.uk

Tim Metcalfe, Florence Chandler