Bayport International Holdings, Inc. Announces Acquisition of Royalty Interest
in Baker 1H Unit Gas Well
TULSA, OK -- (Marketwired) -- 11/06/13 -- 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 miner
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.
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:
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