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Baron Energy Working On Merger With Pertex

January 7, 2010 (FinancialWire) — Baron Energy, Inc. (OTCBB: BROE), an independent oil and gas company, continues to work on the pending merger with Pertex LP.

Pertex LP currently owns a working interest ranging from 5% to 100% in 27 wells located in Borden, Garza, Jones, Kent, Nolan, Reagan, Runnels, Scurry and Taylor Counties, Texas with approximately 40 Boepd (Barrels or oil equivalent per day) in net production, 230 Boepd gross.

Pertex plans to increase its production via a combination of infill drilling to develop reserves in the properties already under management and additional acquisitions in its core areas. Pertex LP has more than 3,000 acres under lease in the Permian Basin.

Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at Recently issued reports and filings include Weatherford International Ltd. (NYSE: WFT), UQM Technologies, Inc. (AMEX: UQM), Panhandle Oil and Gas, Inc. (NYSE: PHX), Encore acquisition Company (NYSE: EAC), Altius Minerals Corp. (TSX: ALS), PKC Group Oyj (PLUS: PKC1V) and Standard Life Investments European Private Equity Trust PLC (LSE: SEP) (PLUS: SEP).

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