NEW BRAUNFELS, Texas, Oct. 7, 2010 (GLOBE NEWSWIRE) -- 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.
Management Comments
Ronnie L. Steinocher, President and CEO, commented, "After a lengthy interviewing process of a number of marketing companies we were convinced that adding to our current marketing effort is needed both to better inform our current shareholders and to attract new investors. We have added a 'Facebook Page' as an additional way to keep our shareholders, stakeholders, and potential investors better informed.
Mr. Steinocher added, "This a low cost, high volume means of focused communication as well as a potentially substantial communication platform. It will serve as a near real-time communication with our shareholders, stakeholders, and future investors. The potential for this type of campaign is huge and we have high expectations for its success."
About Baron Energy
Baron Energy, Inc. (OTCBB: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 "http://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 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.
CONTACT: Baron Energy, Inc. Investor Contact: Brad Holmes (713) 654-4009 b_holmes@att.net