Baron Oil PLC on Monday said it has signed a memorandum of understanding with Timor Gap Chuditch Unipessoal Lda for the farm-up of the Chuditch production sharing contract, offshore Timor.
Baron will evaluate all potential options for gas export from the Chuditch field in order to be able to fast track the concept selection processes anticipated following a successful Chuditch-2 appraisal well.
The study will look into all of the key issues for delivering the gas, for processing and LNG sales, to Timor-Leste compared to delivering the gas to Australia. [Image: Meg O Neill/LinkedIn]