Baron Energy, Inc. Engages Bullfrog Capital to Assist With Funding and Financing…

Baron Energy, Inc. Engages Bullfrog Capital to Assist With Funding and Financing
Initiatives

MIDLAND, Texas, June 9, 2010 (GLOBE NEWSWIRE) — Baron Energy, Inc. (OTCBB:BROE)
(“Baron” or the “Company”), an independent oil and gas company, announced today
that it has engaged Bullfrog Capital, Houston, Texas to assist the Company with
its extensive funding and financing initiatives.

Management Comments

Ronnie L. Steinocher, President and CEO of Baron Energy, commented; “Since 2002,
Bullfrog Capital has assisted clients with more than $350 million of successful
transactions and capital arrangement. A large part of this experience has been
focused on the oil and gas industry. Bullfrog Capital will assist the Company
with transaction and capital advisory services.”

Mr. Steinocher also noted; “We have a number of significant funding initiatives
ongoing in support of our high growth business plan. The pace at which we can
increase our production and revenue is largely dependent on our ability to
source funds in support of producing property acquisitions, drilling programs,
and production enhancement projects. This partnership will provide a high level
of professional assistance to our various funding initiatives and help keep our
business plan on target.”

About Baron Energy, Inc.

Baron Energy (OTCBB:BROE) is an independent oil and gas production,
exploitation, and exploration company headquartered in Midland, Texas with
producing assets in the prolific oil producing Permian Basin of West Texas.

Baron owns production that is 99% oil, both operated and non-operated, with
working interest ranging from 5% to 100% in oil and gas fields located in
Baylor, Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.

Baron’s growth strategy centers on making accretive property acquisitions in its
core operating area. The Company targets properties that have oil production
with upside developmental potential.

For more information, please visit www.baronenergy.com.

About Bullfrog Capital

Bullfrog Capital is an independent consulting group that continues to provide
advisory services to assure successful transactions, capital arrangement, and
ongoing facilities management.

Bullfrog Capital was founded and managed by Rick Adams. Prior to forming Bulldog
Capital in 2002, Mr. Adams spent eight years in the oil and gas finance market
with The Williams Companies and then Aquila Energy Capital. These transactions
included volumetric production payments, mezzanine debt, equity investments and
securitizations. Mr. Adams holds a BBA in economics and statistics from Baylor
University and an MBA in finance from the University of Saint Thomas, Houston.

Forward-Looking Statement

Certain statements in this press release that are not historical facts are
“forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use of
words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,”
“would,” “should,” “plan,” “projected,” “potential,” “intend,” and similar
expressions. Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance
or achievements of Baron Energy, Inc. (the “Company”) to be materially different
from those expressed or implied by such forward-looking statements. The
Company’s future operating results are dependent upon many factors, including
risk factors discussed in the Company’s periodic filings with the Securities and
Exchange Commission, which are available for review at www.sec.gov, including
the Company’s Annual Report on Form 10-K filed on October 29th, 2009. The
Company undertakes no obligation to update any forward-looking statement,
whether as a result of new information, future events or otherwise.

CONTACT: Baron Energy, Inc.
Investor Contact:
Brad Holmes
(713) 654-4009
b_holmes@att.net

Clayton Williams Energy Sells North Louisiana Producing Properties for $77 Million

Also Acquires Interest in Wells and Acreage in Andrews County, Texas
MIDLAND, Texas–(Business Wire)–
Clayton Williams Energy, Inc. (the “Company”) (NASDAQ:CWEI)today reported that
it had sold its interests in 22 operated and 76 non-operated producing wells in
North Louisiana to WildHorse Resources, LLC, for $77 million, based on an
effective date of April 1, 2010 and subject to customary closing adjustments.
The assets that were sold in this transaction represent substantially all of the
Company`s proved reserves in North Louisiana. None of the Company`s holdings in
South Louisiana were included in this sale. The sale transaction is not expected
to result in a significant gain or loss since the net proceeds from the sale
approximate the carrying value of the assets being sold. Proceeds from the sale
were used to repay indebtedness on the Company`s $300 million revolving credit
facility, reducing the balance outstanding on the facility to approximately $127
million on the closing date.

The Company also announced that it had recently acquired from a group of private
investors an undivided 14% working interest in 36 Company-operated Wolfberry
wells in Andrews County, Texas for $9.75 million, subject to customary closing
adjustments. This purchase increased the Company`s working interest in these 36
wells to 100%. In addition to the oil and gas reserves attributable to the
acquired interests, the Company increased its stake in approximately 5,700 gross
acres under lease in this area from 86% to 100%.

Clayton Williams Energy, Inc. is an independent energy company located in
Midland, Texas.

This release contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934.All statements, other than statements of historical or current facts,
that address activities, events, outcomes and other matters that we plan,
expect, intend, assume, believe, budget, predict, forecast, project, estimate or
anticipate (and other similar expressions) will, should or may occur in the
future are forward-looking statements.These forward-looking statements are based
on management`s current belief, based on currently available information, as to
the outcome and timing of future events.The Company cautions that its future
natural gas and liquids production, revenues, cash flows, liquidity, plans for
future operations, expenses, outlook for oil and natural gas prices, timing of
capital expenditures and other forward-looking statements are subject to all of
the risks and uncertainties, many of which are beyond our control, incident to
the exploration for and development, production and marketing of oil and gas.

These risks include, but are not limited to, the possibility of unsuccessful
exploration and development drilling activities, our ability to replace and
sustain production, commodity price volatility, domestic and worldwide economic
conditions, the availability of capital on economic terms to fund our capital
expenditures and acquisitions, our level of indebtedness, the impact of the
current economic recession on our business operations, financial condition and
ability to raise capital, declines in the value of our oil and gas properties
resulting in a decrease in our borrowing base under our credit facility and
impairments, the ability of financial counterparties to perform or fulfill their
obligations under existing agreements, the uncertainty inherent in estimating
proved oil and gas reserves and in projecting future rates of production and
timing of development expenditures, drilling and other operating risks, lack of
availability of goods and services, regulatory and environmental risks
associated with drilling and production activities, the adverse effects of
changes in applicable tax, environmental and other regulatory legislation, and
other risks and uncertainties are described in the Company’s filings with the
Securities and Exchange Commission.The Company undertakes no obligation to
publicly update or revise any forward-looking statements.

Clayton Williams Energy, Inc.
Patti Hollums, 432-688-3419
Director of Investor Relations
e-mail: cwei@claytonwilliams.com
website: www.claytonwilliams.com
or
Mel G. Riggs, 432-688-3431
Chief Financial Officer

Copyright Business Wire 2010

Laura Bush defends husband, opens up about car-crash in new book

New York, Apr 28 (ANI): Former US First Lady Laura Bush has finally gone public about a mysterious car accident she had when she was 17.

The crash took place in Midland, Texas.

In her new book, “Spoken from the Heart,” Bush describes in vivid detail the circumstances surrounding the crash, which has haunted her for most of her adult life

In the book, Ms. Bush also admonishes political adversaries of her husband and former President George Bush for “calling him names”.

She pointedly rebuts criticism of some of his key decisions and suggests that his highly criticized fly-over of New Orleans after Hurricane Katrina was in the best interests of the victims and aid workers on the ground.

“He did not want one single life to be lost because someone was catering to the logistical requirements of a president,” she told The New York Times.

“He did not want his convoy of vehicles to block trucks delivering water or food or medical supplies, or to impede National Guardsmen from around the nation who were arriving to help.”, she added.

Bush also suggests, apparently for the first time, that she, Mr. Bush, and several members of their staff may have been poisoned during a visit to Germany for a G8 Summit.

The Secret Service investigated the possibility they were poisoned, she writes, but doctors could only conclude that they all contracted a virus, “we never learned if any other delegations became ill, or if ours, mysteriously, was the only one.”

She also bristles at the insults thrown at Mr. Bush by the Democratic leader in the Senate, Harry Reid, quoting him as calling her husband a “loser” and a “liar.”

“The comments were uncalled for and graceless,” she writes, adding “these particular worlds revealed the petty and parochial nature of some who serve in Congress.”

Describing the car accident she says that, on a November night in 1963, Ms. Bush and a girlfriend were hurrying to a drive-in theater when Ms. Bush, at the wheel of her father’s Chevy Impala, crossed a stop sign on a small road and smashed into a car being driven by Mike Douglas, a star athlete and popular student at her school.

“In those awful seconds, the car door must have been flung open by the impact and my body rose in the air until gravity took over and I was pulled, hard and fast, back to earth. The whole time, I was praying that the person in the other car was alive.

Bush concedes that she and her friend were chatting when she ran the stop sign. But she also suggests a host of factors beyond her control played a role — the pitch-black road, an unusually dangerous intersection, the small size of the stop sign, and the car the victim was driving.

“It was sporty and sleek, and it was also the car that Ralph Nader made famous in his book Unsafe at Any Speed,” she states.

Bush reveals that she was wracked by guilt for years after the crash, especially after not attending the funeral and for not reaching out to the parents of the dead teenager. Her parents did not want her to show up at the funeral, she states, and she ended up sleeping through it.

Bush goes on to say that in her public life, she has encouraged young drivers who have been in serious accidents to speak to loved ones, counsellors or spiritual or pastoral advisers. (ANI)

Nothing bitter about leaving Washington, says Bush on return to hometown Texas

Midland (Texas, US), Jan.21 (ANI): George W. Bush and his wife Laura Bush were given a warm homecoming in the West Texas oil town of Midland on Tuesday, hours after he demitted office as the 43rd President of the United States.

Before flying off to his holiday home in Crawford, Bush told his supporters that a fellow former president had recently told him, “It’s bittersweet to leave Washington.”]

“For me, there’s nothing to be bitter about (leaving Washington),” he said.

“Today is some kind of sweet; we are glad to be home,” he said.

It was virtually a hero’s return to the place where it all began for Bush, and he used opportunity to offer a mild rebuttal to his critics.
“I never took an opinion poll to tell me what to think,” Bush said to roaring cheers in Centennial Plaza, where he began his first inaugural journey in 2001.

“When I walked out of the Oval Office this morning, I left with the same values that I took to Washington eight years ago; when I go home tonight and I look into the mirror, I’m not going to regret what I see,” Fox News quoted Bush, as saying further.

“Today was a great day for America and a good man took the oath of office, and we all offer our prayers for his success,” Bush said, receiving more-than-polite applause.

Nearly 1,700 miles from Washington, Bush’s reception could be taken as a trip to another time in his presidency, when his style of politics, and his Republican Party, were in the ascendance.

For Bush, it was a return to the place where his immediate family’s political dynasty got its start.

It was here that a young George Bush, a Connecticut native drawn by the allure of oil money nearly 50 years ago, had his first taste for politics.

It was here where his son George W. returned to try his own hand at oil and politics, losing a bid for Congress, but finding God, his wife, Laura, and a new sense of purpose.
And it was here that Bush began his own inaugural journey eight years ago, telling a crowd of 15,000, “I leave here really upbeat about getting some things done for the people,” and promising to do so “by putting aside all the partisan bickering and name calling and anger.”

He got less done than he and his aides had hoped. And the boos that met his appearance on the Jumbotrons spread along the Mall in Washington on Tuesday served as evidence of the hot partisan anger that marked much of his term.

Still, Bush told the ardent supporters here that he was proud of his record, declaring, “We’ve removed threatening regimes in Afghanistan and Iraq and liberated 50 million people from tyranny.”

Bush’s trip home was the mirror image of his trip to Washington in January 2001, when he started out from his vacation home in Crawford, Texas., then stopped here on his way to the Capitol.

Along for the ride on Tuesday on the 747 he once knew as Air Force One – after Mr. Bush relinquished the presidency it was designated Special Air Mission 28000 – were many of the aides who helped place him in office to begin with: among them Karen Hughes, Karl Rove and Dan Bartlett.

This year, the crowd was even larger than it was on that much-colder day eight years ago and just as enthusiastic.

Remaining true to an eight-year pattern of staying mostly within the gates of the White House whenever in the capital, Bush made no last rounds there this week; he spent his last night having a quiet family dinner at home with his daughters and parents.

Bush began the last day at the White House waking early and visiting the Oval Office shortly before 7 a.m., when he began calling some of his closest aides, among them the outgoing secretary of state, Condoleezza Rice, and the outgoing national security adviser, Stephen J. Hadley. He had already left a friendly note for Mr. Obama in the top drawer of his desk on Monday, a presidential tradition.
Before the new occupants of the White House arrived for a traditional coffee, Bush took a solitary stroll around the South Lawn, where he had frequently walked to clear his head during the toughest moments of the Iraq war.

Bush’s face betrayed neither sorrow nor chagrin when he buoyantly greeted his successor. When Michelle Obama bounded out of the motorcade in the White House driveway, she handed Laura Bush a white package with a red ribbon that aides later said was a journal and pen for use in the writing of Mrs. Bush’s planned memoir.

As the incoming and outgoing first couples walked into the presidential manse Mr. Bush patted his successor on the back.

Bush showed little sentimentality in public, though his press secretary, Dana Perino, told reporters he had gently kissed her on the forehead by way of goodbye, and he was spotted blowing a kiss back to the White House as he left for the Capitol in the presidential limousine with Obama. (ANI)