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Baron Oil Knows No Reason For Share Price Jump

13th Apr 2015 15:16

LONDON (Alliance News) - Baron Oil PLC said it doesn't know of any reason for the leap in its share price on Monday afternoon.

Baron Oil shares were up by 29% at 0.900 pence late Monday, with an intraday high of 1.36p. The stock's 52-week range is 0.55p to 2.20p.

"The company notes the recent significant increase in the company's share price. The company is not aware of any reason that would lead to such a movement," Baron Oil said in a statement.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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