BYSD Bayside Corporation (PK)

The Company has acquired a new lease with 4 existing well bores in the Kelsey South Field. The Company plans to equip the wells to test them in their current producing zones and to re-complete in other productive zones, of which there are 4 to 5 additional ones available. Also, there are locations to be drilled on the leases and additional leases are available to be acquired for future development. Additional lease acquisitions are ongoing in this project.

Gordon Johnson, the CEO of Bayside Corporation, was quoted as saying, "The acquisition of this lease is continued fundamental progress toward building the Company's portfolio of oil and gas reserves within the continental United States. As we execute on our business plan Bayside will continue to seek out and acquire additional properties as we grow the number of leases and wells under Company management."

About Bayside

Bayside Corporation is an energy exploration, development and production company building oil & gas reserves and production in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'marginal' oil & gas wells located in the thousands of mature oil & gas producing fields across much of the United States.

For additional information on the Company visit our website at: http://baysidepetroleum.com/

This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such projections or statements reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. Important factors that could cause actual results to differ from those projected, are decreases in oil and gas prices or decreases in oil and gas production. The company's actual results could differ materially from those discussed herein. Forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements.

Media Contact: Ron Irwin Tel: 310-908-0889 email: Email Contact Shareholder Relations Contact: Panorama Consultants (888-982-2008) email: Email Contact

Bayside (PK) (USOTC:BYSD)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Bayside (PK) (USOTC:BYSD)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024