LONDON, UK: Baron Oil Plc (AIM: BOIL) has announced that it will sell a 15% working interest in the Chuditch Production Sharing Contract (PSC), offshore Timor-Leste, to its existing partner TIMOR GAP, the national oil and gas company of Timor-Leste. The deal is valued at US$8.5 million for Baron, which will receive cash payments and…