Baron Energy, Inc. Reports Production Results for 2014; Provides Production Guidance for Year 2015
The company is continuing to increase production via fieldwork and expect to be at approximately 300 BOEPD/210 BOEPD net by April 2015. The company planned to operate a continuous drilling program for the remainder of the year 2015 with the main focus on horizontal Austin Chalk wells. These Austin Chalk laterals should have initial production rates of 100 BOPD-250 BOPD.