Bayside Corporation Appoints New CEO
April 23 2013 - 11:27AM
OTC Markets
Bayside Corporation Names New Chief Executive
Officer
Dallas, TX-Bayside Corp. (BYSD.PK) is pleased to announce the
appointment of Darren Toomer as the companies new Chief Executive
Officer (CEO). Mr. Toomer brings a wealth of
experience in exploitation, production operations and asset
management in the oil and gas industry.
Mr. Toomer will be replacing former CEO Gordon
Johnson, who will still continue to serve as Chairman of the Board
for Bayside Corp. The new appointment comes as part of a mandate
set forth by the company’s Board of Directors to aggressively
expand the business of the company into new energy and
resource-based sectors.
Gordon Johnson, Chairman of the Board, stated,
“We are extremely excited
to have Mr. Toomer as the company’s new CEO. His passion and vigor
will help to fuel the company’s efforts to create new and
diversified revenue streams, while also increasing shareholder
equity”.
About Bayside
Bayside Corporation is an energy exploration,
development and production company building oil &
gas reserves
and production in some of the most prolific hydrocarbon bearing
regions of the United States. The Company specializes in the
business of reworking
& re-completing ‘marginal’ oil & gas wells located in the
thousands of mature oil & gas producing fields across much of
the United States.
For additional information on the Company visit our website
at: http://baysidepetroleum.com/
This press release may contain projections and other
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934, as amended, and are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Any such projections or statement reflect the
company's current views with respect to future events and financial
performance. No assurances can be given, however, that these events
will occur or that such projections will be achieved and that
actual results could differ materially from those projected.
Important factors that could cause actual results to differ from
those projected, are decreases in oil and gas prices or decreases
in oil and gas production. The company's actual results could
differ materially from those discussed herein. Forward-looking
statements are subject to risks and uncertainties, including, but
not limited to, government regulation, taxation, spending,
competition, general economic conditions and other risk factors
which could cause actual results to differ materially from those
projected or implied in the forward-looking
statements.
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