Baron Oil Plc announced certain changes to its Board of Directors to reflect the Company's current strategic focus on its South East Asian business where Baron has an experienced and capable team, with a genuinely material asset in the Chuditch gas project in Timor-Leste. Mr. Andy Yeo, Chief Executive Officer has informed the board of their intentions to resign from their position on the Board. Dr. Andy Butler (currently Director Asia-Pacific) is taking on the role of Chief Executive Officer with immediate effect.

Andy Yeo will remain on the Board until the end of March 2024 to ensure an orderly transition of responsibilities to the new Chief Executive Officer.