Baron Energy, Inc. is a growth-oriented independent oil and natural gas production company engaged in the acquisition, operation, and exploitation of producing oil and gas properties in Texas. Baron performs petroleum management and business development services for client companies currently focused on acquiring assets located in South Texas. Our corporate headquarters is located in San Marcos, Texas.
We are engaged in the management of a consortium of like-minded investors seeking to invest in non-operated oil and natural gas properties. Baron Energy operates all of the properties.
We pursue acquisitions of long-lived producing oil and natural gas properties with relatively low decline rates, predictable production profiles, and future low-risk development opportunities.
We focus on acquisitions that have upside via workovers, recompletions, and development drilling opportunities.
We plan to grow a portfolio of properties over the next 3-5 years that has substantial value in the market place and then monetize the portfolio.
Our 2019 production target is 500 gross barrels of oil equivalent per day. We plan to own up to 40 producing wells in order to achieve this target.