Bayport International Holdings, Inc. (BAYP) Is Pleased to Announce a Joint Venture With Downhole Energy, LLC., to Purchase & ...
June 12 2014 - 8:45AM
Marketwired
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
TULSA, OK--(Marketwired - Jun 12, 2014) - Bayport International
Holdings, Inc. (OTC Pink: BAYP) (PINKSHEETS: BAYP) -- Today we are
pleased to announce the signing completion of a contract to acquire
25.0% working Interest in current producing gas wells, the Brown #
2 and the Brown # 5. Bayport along with their joint venture
partners will rework these wells to bring more production starting
in July 1, 2014. The Brown # 2 was completed in the Cromwell sands,
leaving the Gilcrease wide open for gas production. The Brown # 5
well was completed in the Gilcrease and left the Cromwell formation
unproduced. Once again leaving good production behind pipe.
Downhole Energy, LLC., and partners based out of Rockwall, Texas
will assume the rest of the working interest. Each of these wells
are anticipated to recover more than 250,000 cubic feet of gas per
day.
Bayport plans to release pictures, video and other pertinent
data as we proceed through the rework process. We are very excited
to JV with another Oil & Gas Company such as Downhole Energy,
LLC.
Bayport International Holdings, Inc. is still actively involved
with M & K CPAS, PLLC of Houston Texas to complete audits of
our 2012 and 2013 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.
About M&K CPAS, PLLC
M&K CPAS, PLLC, is a full-service CPA firm in Houston
serving the audit, financial reporting and tax needs of growing
micro and small-cap publicly traded companies across the U.S. and
worldwide, as well as a wide range of privately held companies.
They also offer personal tax services and consulting solutions.
About Norman Reynolds Law Firm, P.C.
Norman T. Reynolds is an AV rated attorney who has been in the
practice of law since 1965 in Houston, Texas, following his
graduation from Rice University and The University of Texas School
of Law and his return from active duty with the United States Army.
The Norman T. Reynolds Law Firm headed by Mr. Reynolds is a
multidisciplinary law firm which advises individuals and businesses
on general corporate and commercial matters and the legal aspects
of strategic decisions relating to both the form and structure of
entities and transactions and then assists in their
implementation.
For further Oil Gas information go to
www.bayportinternational.com or past oil & gas press releases.
http://www.otcmarkets.com/stock/BAYP/news/Bayport-International-Holdings--Inc--Announces-the-Signing-of-a-Contract-to-Purchase-Interest-in-the-Steffelbeam-Oil-Gas-Lease-Prospect?id=64744&b=y
Bayport International Holdings, Inc. is on an aggressive plan
for 2014 with focus on the Oil & Gas Energy for acquisitions of
producing properties to further our shareholder value and revenue
streams as well as acquisitions and joint venture projects with
medicinal hemp and cannibal cbd oil products.
Disclaimer: Pacific Equity Alliance, LLC. is an Independent
Investor Relations firm that provides information on selected
publicly trade d companies. Pacific Equity Alliance, LLC. is not a
United States Securities Dealer or Broker or United States
registered Investment Adviser. This email letter and any and all
attachments and related documents are never considered to be
solicitation for any purpose in any form or content. Pacific Equity
Alliance, LLC.'s Affiliates, Officers, Directors and Employees will
buy and sell shares in any company mentioned herein and may profit
in the event those shares rise in value. Please do your own due
diligence before investing in any of the stocks mentioned above.
Upon receipt of these documents you, as the Recipient, hereby
acknowledge this Warning and Disclaimer. These Confidential
communications are protected under Gramm-Leach-Bailey Act 15 USC,
Sub chapter 1, sections 6801-6809 and other laws addressing the
disclosure of Non-Public Personal Information.
CONTACT: PACIFIC EQUITY ALLIANCE LLC Contact phone: 858.886.7237
info@pacificequityusa.com
Bayport (CE) (USOTC:BAYP)
Historical Stock Chart
From Apr 2024 to May 2024
Bayport (CE) (USOTC:BAYP)
Historical Stock Chart
From May 2023 to May 2024