Bayport International Holdings, Inc. Announces Acquisition of Royalty Interest in Baker 1H Unit Gas Well
06 November 2013 - 9:42PM
Marketwired
Bayport International Holdings, Inc. Announces Acquisition of
Royalty Interest in Baker 1H Unit Gas Well
TULSA, OK--(Marketwired - Nov 6, 2013) - Bayport International
Holdings, Inc. (OTC Pink: BAYP) Acquisition of Royalty Interest in
the Baker 1H Gas Well. Details on well are as follows:
Baker 1H Gas Well, Lease ID 263188 & API number 347-33238
per Texas Railroad Commission. Operator is Eog Resources, Inc. The
field name is Hayneville Shale, a major natural gas field in the
United States located in the East Texas region. Since November 2011
to August 2013 production number per MCF is 1,821.380.
Update to shareholders on the progress of the Audit and Form 10
completion. In the last several weeks we have been working towards
SEC Fully Reporting Status and OTC:QB up listing. We are now 50%
through the process and all is going well, and we expect to achieve
Fully Reporting Status before the end of the 4th quarter.
We have supplied our attorney with business plan, Industry
Standard Asset Questionnaire, Articles of Incorporation, Bylaws,
Meeting Notes and Amendments. Our auditor has received 3 years
bank statements, digital financial documentation, permission forms
to speak to all associated banks, transfer agent and other
financial institutions, mining bonds, asset valuations, and a
series of receipts and invoices for cash payment support. As
they request additional documentation we will promptly provide the
requested information.
Updates on the several other wells Bayport International
Holdings, Inc. has Interest in will be released shortly. We want to
keep our shareholders up to date and the company transparent with
operations as possible. Our acquisitions have been successful thus
far in the Oil, Gas and Energy industry. We look forward to
prosperous growth with our shareholders.
Management of Bayport International Holdings, Inc. would like
shareholders to know "We are just getting started"
with interesting and exciting times ahead for our shareholders
and Bayport International Holdings, Inc.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to
exploit the various precious minerals in the U.S. to acquaint the
public with practical investment opportunities in strategic metals
and minerals. Bayport International Holdings, Inc. is primarily
focused on precious metals, rare earth, and oil and gas ventures.
Bayport International Holdings, Inc. is developing mining and oil
and gas properties with economic potential with the aim of bringing
such properties to commercial production. The company's portfolio
of properties is primarily located in the prolific western USA in
Utah and Texas.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of
Bayport International Holdings, Inc. (the "Company") related
thereto contain, or may contain, among other things,
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact included herein are
"forward-looking statements," including any other statements of
non-historical information. These forward-looking statements are
subject to significant known and unknown risks and uncertainties
and are often identified by the use of forward-looking terminology
such as "guidance," "projects," "may," "could," "would," "should,"
"believes," "expects," "anticipates," "estimates," "intends,"
"plans," "ultimately" or similar expressions. All forward-looking
statements involve material assumptions, risks and uncertainties,
and the expectations contained in such statements may prove to be
incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company's actual results (including, without
limitation, Bayport's ability to advance its business, generate
revenue and profit and operate as a public company) could differ
materially from those stated or anticipated in these
forward-looking statements as a result of a variety of factors,
including factors and risks discussed in the periodic reports that
the Company files with OTC Markets (Pink Sheets). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. The Company undertakes no duty to update these
forward-looking statements except as required by law.
Investor Relations Contact: Briggs Smith 813-438-5225
info@olibrigroup.com
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