Questions? +1 (202) 540-8337 Login
Trusted News Since 1995
A service for global professionals · Sunday, April 22, 2018 · 443,396,901 Articles · 3+ Million Readers

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 http://investrend.ar.wilink.com/?level=279). 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).

FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/). Recently webcast company presentations, financial results & earnings calls now available include Rick’s Cabaret International, Inc. (NASDAQ: RICK) and Applied Signal Technology, Inc. (NASDAQ: APSG). Recordings are accessible via the search function at http://infoescrow.net/f/?u=http://www.investorcalendar.com by entering any company’s ticker symbol into the search field.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Powered by EIN Presswire