Baron Energy Inc (fka BROE)

[WealthBuilder]

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
[phone]
[e-mail]