Bayport International Holdings, Inc. (BAYP) Brown Lease update in McIntosh County, Oklahoma
September 16 2014 - 10:07PM
InvestorsHub NewsWire
Bayport International Holdings,
Inc. (BAYP) Brown Lease update in McIntosh County,
Oklahoma.
Tulsa, OK - September 16,
2014 - InvestorsHub NewsWire - Bayport International Holdings,
Inc. (OTC Pink: BAYP)
updates on the rework and
completion of the Brown number 5 & number 2. Bayport entered
into a JV with Downhole Energy, LLC. To operate and produce such
wells. We would like to update our shareholders and are pleased
with the results thus far.
The service rig will be out on
location to pull the Brown #2 on or before 9/19/2014. They will
begin pulling the head off the pumping unit on #2 then pull the
tubing and robs, then will clean up the hole and prepare to
perforate right away. Once this is completed we will be
producing gas for testing. Soon after gas will be ready for sale to
one of our purchasers.
Downhole Energy, LLC started
the final work towards completion of well #5 on September 5 2014.
Logging and perforating crews were on site. This well has started
producing.
Bayport will
update http://www.bayportinternational.com/
to reflect the new changes and
updates. We are very excited to JV with another Oil & Gas
Company such as Downhole Energy, LLC.
Recent announcement on the JV
with Downhole Energy, LLC. Can be found
here:
http://www.otcmarkets.com/stock/BAYPD/news/Bayport-International-Holdings--Inc---BAYP--Is-Pleased-to-Announce-a-Joint-Venture-With-Downhole-Energy--LLC---to-Purchase-and-Rework-the-Brown-Lease-in-McIntosh-County--Oklahoma?id=82586&b=y
Bayport International Holdings,
Inc. is still actively involved with M & K CPAS, PLLC of
Houston Texas to complete audits of our 2013 and 2014 financial
statements. Additionally, we have engaged the services of Norman
Reynolds Law Firm, PC, also of Houston Texas, to complete the
necessary SEC filings to achieve Fully Reporting Status. Once SEC
Fully Reporting status is achieved, we will migrate to the OTCQB
tier.
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Source: Bayport International
Holdings, Inc.
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