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yes company very transparent here , very low OS , float must be very low as well
Oh yea.... We all love Transparency. This company is taking the right steps here.
Yes, news is out, and it looks as though they want to keep shareholders updated. Being as transparent as possible is a good thing, and it proves this is a REAL company.
Yep. they know they are in the middle of a complete production overhaul and know that it's working and KNOW that it will reward them, just like it will shareholders.
Definately NO DILUTION HERE.. Management buying shares, now that is a testiment to their faith in the company
Yea That Dragonfly DOJI immediately followed by "higher lows" is HUGE. this is the bottom of a bulll run for sure.
This company will catch a lot of folks by surprise. The chart is grrrrrrrreat
Converted debt into private loans NOT dilution =)
you can say that again. they produce SO MUCH oil everyday....
onshore drilling is going to play such a larger role in our new economy. Companies like BROE, should feel that in a positive mannner.
love that news. the 50% increase in oil production is crucial! Wait till people start seeing that!
yes i like wha ti see here , lets see at what pps we're closing today
without a doubt. This is a real company.
I think BROE should a nice move up today.
lol could move here low floater
BROE no doubt...
see you tomorrow man nice to meet you . first time i see you around
yes i like all the news , now everybody can see the last couple news without researching
It all makes sense.... This company is very legit
Sept 24th 2010 News > Baron Energy, Inc. Switches Crude Oil Transporter; Increases Sales Flexibility
Baron Energy, Inc. Switches Crude Oil Transporter; Increases Sales Flexibility
NEW BRAUNFELS, Texas, Sep 24, 2010 (GlobeNewswire via COMTEX) -- Baron Energy,
Inc. (BROE) ("Baron" or the "Company"), an independent oil and gas company, today
announced that it has changed the crude oil transporter on its operated
properties, providing the Company with more control over the timing of its oil
sales.
Management Comments
Ronnie L. Steinocher, President and CEO, commented, "The oil from our operated
wells is transported by truck; we are paid for our oil sales on a calendar-month
basis. We now have a crude oil transporter willing to pick up and transport a
partial load of oil. This provides significant flexibility to manage our monthly
sales. We are able to minimize the time between production and sales and have
more control over our monthly cash flow."
Mr. Steinocher further noted, "We are continuing to find or create new ways to
make our operations more efficient. Small operational changes like this will add
up over time. Oil that may have been stored in field tanks for months can now be
sold immediately."
About Baron Energy
Baron Energy, Inc. (BROE) is an independent oil and gas production, exploitation,
and exploration company headquartered in New Braunfels, Texas with producing
assets in the prolific oil producing Permian Basin of West Texas.
Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in Baylor,
Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.
Baron's growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production with
upside developmental potential.
For more information, please visit www.baronenergy.com
Forward-Looking Statement
Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "potential," "intend," and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or
achievements of Baron Energy, Inc. (the "Company") to be materially different
from those expressed or implied by such forward-looking statements. The Company's
future operating results are dependent upon many factors, including risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov, including the
Company's Annual Report on Form 10-K filed on October 29th, 2009. The Company
undertakes no obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: Baron Energy, Inc.
CONTACT:Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net
Sept 22th 2010 News > Baron Energy, Inc. CEO Acquires Common Stock
Baron Energy, Inc. CEO Acquires Common Stock
NEW BRAUNFELS, Texas, Sep 22, 2010 (GlobeNewswire via COMTEX) -- Baron Energy,
Inc. (BROE) ("Baron" or the "Company"), an independent oil and gas company, today
announced that its President and CEO, Ronnie L. Steinocher, has acquired 420,168
shares of stock in the Company in a private transaction.
About Baron Energy
Baron Energy, Inc. (BROE) is an independent oil and gas production, exploitation,
and exploration company headquartered in New Braunfels, Texas with producing
assets in the prolific oil producing Permian Basin of West Texas.
Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in Baylor,
Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.
Baron's growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production with
upside developmental potential.
For more information, please visit www.baronenergy.com
Forward-Looking Statement
Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "potential," "intend," and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or
achievements of Baron Energy, Inc. (the "Company") to be materially different
from those expressed or implied by such forward-looking statements. The Company's
future operating results are dependent upon many factors, including risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov, including the
Company's Annual Report on Form 10-K filed on October 29th, 2009. The Company
undertakes no obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: Baron Energy, Inc.
CONTACT: Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net
Sept 20th 2010 News > Baron Energy, Inc. Completes Phase 2 of Production Enhancement Program
Baron Energy, Inc. Completes Phase 2 of Production Enhancement Program
NEW BRAUNFELS, Texas, Sep 20, 2010 (GlobeNewswire via COMTEX) -- Baron Energy,
Inc. (BROE) ("Baron" or the "Company"), an independent oil and gas company, today
announced that it has completed Phase 2 of its production enhancement program.
Management Comments
Ronnie L. Steinocher, President and CEO, commented, "After a 4-week delay due to
heavy rains in our operational area, we have completed Phase 2 of our three-phase
production enhancement program. We now plan to begin Phase 3 in early October.
When Phase 3 is complete we will have reached our goal of increasing production
by 20-30% from midyear.
Mr. Steinocher also noted, "In July we initiated a program to identify a few
potential bolt-on acquisitions in our core area of operations. That program is
now complete and we have added 10 new potential projects to our list. We are
currently reviewing technical information on many of these projects. Any new
production acquisitions would be operated by Baron. We are targeting bolt-on
opportunities that will increase our current production by 25-50%."
About Baron Energy
Baron Energy, Inc. (BROE) is an independent oil and gas production, exploitation,
and exploration company headquartered in New Braunfels, Texas with producing
assets in the prolific oil producing Permian Basin of West Texas.
Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in Baylor,
Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.
Baron's growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production with
upside developmental potential.
For more information, please visit www.baronenergy.com
Forward-Looking Statement
Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "potential," "intend," and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or
achievements of Baron Energy, Inc. (the "Company") to be materially different
from those expressed or implied by such forward-looking statements. The Company's
future operating results are dependent upon many factors, including risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov, including the
Company's Annual Report on Form 10-K filed on October 29th, 2009. The Company
undertakes no obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: Baron Energy, Inc.
CONTACT:Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net
Sept 9th 2010 News > Baron Energy, Inc. Announces Continuing Production Increase in Borden County, Texas
Baron Energy, Inc. Announces Continuing Production Increase in Borden County,
Texas
NEW BRAUNFELS, Texas, Sep 9, 2010 (GlobeNewswire via COMTEX) -- Baron Energy,
Inc. (BROE) ("Baron" or the "Company"), an independent oil and gas company, today
announced that oil production from its lease in Borden County, Texas is
continuing upward due to an adjacent waterflood.
Management Comments
Ronnie L. Steinocher, President and CEO, commented, "Our August production report
for our Johnson Lease in Borden County shows that production is continuing to
increase monthly due to the impact of an adjacent waterflood."
Mr. Steinocher also noted, "So far we have only seen production increases in the
Johnson-3 well and not the Johnson-1. If the waterflood continues, we may begin
to see positive response in the Johnson-1 before much longer. The Johnson wells
are producing from the Spraberry Formation and are on 80 acre spacing."
Baron owns a non-operated 27.25% working interest (20.4375% net royalty interest)
in this lease. The property includes two producing wells and 160 acres.
About Baron Energy
Baron Energy, Inc. (BROE) is an independent oil and gas production, exploitation,
and exploration company headquartered in New Braunfels, Texas with producing
assets in the prolific oil producing Permian Basin of West Texas.
Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in Baylor,
Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.
Baron's growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production with
upside developmental potential.
For more information, please visit www.baronenergy.com
Forward-Looking Statement
Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "potential," "intend," and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or
achievements of Baron Energy, Inc. (the "Company") to be materially different
from those expressed or implied by such forward-looking statements. The Company's
future operating results are dependent upon many factors, including risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov, including the
Company's Annual Report on Form 10-K filed on October 29th, 2009. The Company
undertakes no obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: Baron Energy, Inc.
CONTACT:Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net
Sept 8th 2010 News > Baron Energy, Inc. Restructures Bank Debt Into Private Loan
Baron Energy, Inc. Restructures Bank Debt Into Private Loan
NEW BRAUNFELS, Texas, Sep 8, 2010 (GlobeNewswire via COMTEX) -- Baron Energy,
Inc. (BROE) ("Baron" or the "Company"), an independent oil and gas company, today
announced that it has successfully restructured its bank debt into a private loan
under favorable terms.
Management Comments
Ronnie L. Steinocher, President and CEO, commented, "Moving our loan from
American State Bank is an extremely positive step for Baron and something which
we have been working on since our February merger. We now have a much more
amenable loan structure. This new loan will not only provide us with more
immediate financial flexibility but should also be seen as a significant and
positive step forward for assisting with the implementation of our pending
acquisitions."
Mr. Steinocher added, "The refinancing was into a straight term note with no
convertibility feature; no equity was issued with the note."
About Baron Energy
Baron Energy, Inc. (BROE) is an independent oil and gas production, exploitation,
and exploration company headquartered in New Braunfels, Texas with producing
assets in the prolific oil producing Permian Basin of West Texas.
Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in Baylor,
Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.
Baron's growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production with
upside developmental potential.
For more information, please visit www.baronenergy.com
Forward-Looking Statement
Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "potential," "intend," and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or
achievements of Baron Energy, Inc. (the "Company") to be materially different
from those expressed or implied by such forward-looking statements. The Company's
future operating results are dependent upon many factors, including risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov, including the
Company's Annual Report on Form 10-K filed on October 29th, 2009. The Company
undertakes no obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: Baron Energy, Inc.
CONTACT:Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net
IM POSTING BACK THE NEWS FOR EVERYBODY TO SEE THE LAST COUPLE NEWS !
we should be bro , i love low floater
honestly, the chart looks pretty good here
so we are in the right place?
even if its not it doesnt matter , very low float , this stock could move on some momo
It is very likely very low. You think its a float lock?
oh float must be very low then
not sure, but with 22 million shares outstanding and a plethora of forward looking statements, I anticipate a sharp move upward
do you know the float here ?
nice.... We are looking at a nice company with prospects here. With the Ceo saying that they will commence work soon, I am excited
definitly , im watching a lotof pennystock and when i see some volume and some tweets im always around it
wow.... looks who's here. I guess we know how to follow the money huh?
hey bro we always around each other lol
The key is to go where the money already is, because oil, once found, can be a complete cash cow. Baron Energy has done JUST THAT, themselves:
Baron Energy, Inc. purchased a producing property located in Baylor County, Texas in September 2008. The property is the Green lease and consists of two producing wells, two shut in wells and a water disposal well. There are actually two leases associated with the producing property totaling appx 880 acres.
According to public information, four wells were originally drilled on the leases and they produced a total of 48,236 bbls of oil.
After acquisition of the property, Baron Energy reviewed operations and has created a plan to increase the productivity of the assets. Our gauger is a conscientious, well experienced, capable oilfield person who has experience both gauging wells and managing workovers.
This shows that BROE is TAPPING a source that has been a cash cow. Wise investors know to find the oil and continually drill there. For Investors, this oil well could be BROE.
They say Gold is on the rise, and it is! The truth is that we can’t forget about Oil: Liquid Gold. Oil stocks can be a great play keeping in view the fact that oil prices are again poised to rise and both energy and oil stocks top money managers list as the global economy starts to come out of the recession. But why Baron Energy?
With “ON SHORE” drilling being a primary focus of our current economic and energy crisis, companies like Baron Energy, located in the heart of Texas, are getting some renewed attention and demand. For this penny stock…you can ACTUALLY reference the numbers! Just this August Baron Energy, Inc. Announced 50% Production Increase.
They have an in-depth investor relations section on their site, which is definitely worth checking out.
http://www.baronenergy.com/investors.html
They even have their own Twitter: http://www.twitter.com/baronenergy
They are definitely on top of their investor relations department AND are OTCQB
In regards to the incredible strides this company is making in improving their already successful business AND make their company an even better value for shareholders:
Mr. Steinocher noted, "In July we initiated a program to identify a few potential bolt-on acquisitions in our core area of operations. That program is now complete and we have added 10 new potential projects to our list. We are currently reviewing technical information on many of these projects. Any new production acquisitions would be operated by Baron. We are targeting bolt-on opportunities that will increase our current production by 25-50%."
Here are direct words from the CEO in their September 20th Press Release:
Ronnie L. Steinocher, President and CEO, commented, "After a 4-week delay due to heavy rains in our operational area, we have completed Phase 2 of our three-phase production enhancement program. We now plan to begin Phase 3 in early October. When Phase 3 is complete we will have reached our goal of increasing production by 20-30% from midyear.
BROE is in the MIDDLE OF a complete Production Enhancement
I cant think of a better stock to be in. This company has done all the right things
production increases over 50%? Niceee. Learning things like that make me so much more confident.
good stuff. I wish this saw as much volume as yesterday. I think this is really the beginning of a a big swing upward.
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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. |
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