Baron Energy (BROE.OB) Moving Forward with Business Strategies; Phase 2 of Enhancement Program Underway
Since it began trading just over one year ago, Baron Energy, Inc., an independent oil and gas production, exploitation, and exploration company headquartered in New Braunfels, TX, has been moving forward with its growth strategies with little hesitation. The end of 2009 not only saw the launch of its new website and the hiring of Brad Holmes to handle all investor relations responsibilities, but also the solidification of business plans for 2010 including the planned merger with Pertex LP. The merger of Esconde Resources, Inc. and Permian Legend Petroleum, Inc., two affiliated and privately held Texas corporations became effective as…