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Yawn
This thing doesn't trade to hard does it.
BROE news: Baron Energy, Inc. (OTCBB:BROE) ("Baron" or the "Company"), an independent oil and gas company, today announced that it has added a comprehensive new media platform to its current marketing efforts, combining the use of social communication tools Facebook (http://facebook.com/BaronEnergy) and Twitter (http://twitter.com/BaronEnergy) with mainstream Internet outreach and communication tools, to present a more modern and seamless methodology for our shareholders and company interaction at large.
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Baron Energy, Inc.
| Baron Energy, Inc. (NASDAQ OTC BB:BROE) |
| Baron Energy, Inc. is an independent oil and gas exploration, exploitation and development company headquartered in Midland, Texas. The Company's primary core area of operations is the prolific Permian Basin of West Texas. The Company currently has more than 4,000 gross acres in nine West Texas counties with a working interest that ranges from 5% to 100%. This acreage has 29 producing wells, 16 of which are operated by Baron Energy producing approximately 35 Boepd net to Baron. Additionally Baron has a significant acreage position in South Texas in Starr County, Texas with exposure to the Deep Yegua formation. The Deep Yegua Trend is a very sparsely explored trend in the heart of some of the most prolific oil and gas production in the U.S. The Deep Yegua trend runs along the Texas Gulf Coast from the Mexican border, through Starr and Brooks Counties and to the north east to the Louisiana border. For more detailed Geological and Geographical formation data click one of the following locations: Green Lease, Baylor County Texas Star County, Texas Permian Basin Baron plans to grow the company to approximately 1,000 Boepd within five years by making accretive producing property acquisitions, low cost, low risk in-fill drilling and production enhancement programs in the core operating area of the Permian Basin. In addition Baron will focus on the exploitation of its South Texas property through joint ventures with industry partners. Baron is managed by seasoned industry professionals with more than 60 combined years in the Oil and Gas industry. |
| Baron Energy Management and Directors |
| Ronnie Steinocher - Chairman, President and CEO Mr. Ronnie L. Steinocher is the Chairman, President and Chief Executive Officer. Mr. Steinocher is a seasoned veteran with more than 30 years of oil and gas experience. This experience includes all upstream petroleum engineering disciplines, extensive business development skills, and general management responsibilities. He is the founder of three private oil and gas companies, two of which were merged into Baron Energy in February 2010. He has worked as an owner/operator in the Permian Basin of West Texas since 2001. Mr. Steinocher is a licensed professional engineer in the state of Texas and a member of the Society of Petroleum Engineers. Lisa P. Hamilton - Executive Vice President, Chief Financial Officer and Director Ms. Lisa P. Hamilton isthe Executive Vice President, Chief Financial Officer and Director. Ms. Hamilton has more than 30 years of progressive oil and gas experience including, finance, land, general management, and as an owner/operator of a private oil and gas company located in the Permian Basin of West Texas since 2001. She is the founder of three private oil and gas companies, two of which were merged into Baron Energy in February 2010. Ms. Hamilton also serves on the company's Board of Directors. |
