Baron Completes Production Enhancement Program
Baron announced that its production enhancement program is now complete. Production has been increased by approximately 80% since the beginning of the year.
Ronnie L. Steinocher, President and CEO, said, "This wraps up Phase-3 of our production enhancement program that we started in December last year. Severe winter weather conditions in January and February caused substantial delays in our field work but we were finally able to complete the program with excellent results."
"In December we divested of some of our non-operated properties as we continue to move the Company to operated only properties. This production enhancement program has now replaced most of the production sold," Steinocher added.