Bayport International Holdings, Inc. Announces Completion of Acquisition. Updates Shareholders on Closing of Oil and Gas Asse...
August 14 2014 - 1:14AM
InvestorsHub NewsWire
Bayport International Holdings, Inc.
Announces Completion of Acquisition. Updates Shareholders on
Closing of Oil and Gas Assets.
TULSA, OK - August 14, 2014 -
InvestorsHub NewsWire - Bayport International Holdings, Inc.
(OTC Pink: BAYP). Today we are pleased to announce
the closing with Sylios Corp (f/k/a US Natural Gas Corp). Bayport
closed on July 31, 2014. The Asset Purchase Agreement entered into
between the companies on July 9, 2014, in Wayne County, West
Virginia. Included are oil and gas assets of E3 Petroleum Corp and
Sylios Corp (f/k/a US Natural Gas Corp) also included leases
covering mineral rights, oil and natural gas wells, certain right
of ways and ancillary facilities constructed by the Company for the
delivery of natural gas in West
Virginia.
Summary of the oil and gas properties
located in Wayne County, West Virginia. The assets purchased are
125 oil and gas wells, testing facilities and a 22 mile gathering
system within 12,000 acres. We will update shareholders with a more
detailed report and information on the prospect as we make
progress.
E3 Petroleum Corp current management
structure can be verified at this link:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/domp-p10000011504-04ef4a41-b387-4dc4-b1f3-e9e1f3619b3a/e3%20petroleum/Page1
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Source: Bayport International
Holdings, Inc
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