Bayport International Holdings, Inc. (BAYP) Brown Lease update in McIntosh County, Oklahoma
Bayport International Holdings, Inc. (BAYP) Brown Lease update in McIntosh County, Oklahoma.
Tulsa, OK / ACCESSWIRE / September 16, 2014 / 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:
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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