Peru Block XXI Seismic Update

27 October 2015

Baron Oil plc

("Baron " or "the Company")

Peru Block XXI Seismic update

The board of Baron can confirm that the seismic program on Block XXI onshore Peru is now expected to commence in the block on or about the 10th of November 2015. Our seismic contractor GSS has confirmed that some seismic acquisition equipment in transit from Mexico was delayed at the Port of Manzanillo by Hurricane Patricia. They also confirmed that the equipment was not damaged and will be leaving the port later this week for Peru.

For further information:

Baron Oil Plc

Bill Colvin (Chairman & CEO) Tel: +44 (0) 7780 684 108

Cantor Fitzgerald Europe 

Nominated Adviser and Broker

Sarah Wharry (Corporate Finance) Tel: +44 (0) 20 7894 7000