Baron Energy, Inc. has formed a consortium of investors to pursue a 3-5 year business strategy of growing a portfolio of oil and natural gas properties with substantial market value and then, pending market conditions, monetize the portfolio.

Our consortium is managed by Baron Energy, Inc., a publicly-traded oil and gas company based in San Marcos, Texas.

Baron’s multi-disciplined management team has more than 36 years each of industry experience, including most upstream commercial and technical disciplines, and both major oil company and independent owner/operator experience.

The management team has worked together for more than 26 years. The team has completed more than 130 buy/sell property transactions in Texas since 2002 and has operated oil and natural gas properties in 24 Texas counties.

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, reactivations, recompletions, and in-fill drilling opportunities.

Our 2019 production target is 300-500 gross barrels of oil equivalent per day. We plan to own up to 40 producing wells in order to achieve this target.

Our plan began in November 2015 and we made our first acquisition in December 2015. A second acquisition was closed in March 2016 and then three more in May 2016.

Future acquisition opportunities are under review for 2017.

We are focused on oil and natural gas properties in South Texas. Our focus area includes 17 counties with approximately 12,000 producing leases, 122,500 wells drilled, and 1.6 million barrels of oil equivalent per day of production.