According to the Register of Member's Interests and on his website, Baldry confirms alongside his Parliamentary duties that he is a Director of Westminster Oil ("development of oil licences and exploration"), West Africa Investments ("investing in infrastructure and natural resource projects in Sierra Leone and elsewhere in West Africa"), Halcyon Oil ("a Hong Kong registered company focusing on oil exploration and discovery projects in Central Asia"). He is a director of Mastermailer Holdings plc, and Deputy Chair of Woburn Energy plc, a company "specialising in oil exploration and recovery".