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Bayside Corportion Renews Muscadine Field Oil and Gas Leases
Apr. 10, 2012 01:05PM PST
Resource Investing News Bayside Corportion (OTC Pink:BYSD) has renewed Muscadine Field oil and gas leases.
Bayside Corportion (OTC Pink:BYSD) has renewed Muscadine Field oil and gas leases.
As quoted in the press release:
The Muscadine Field has three existing wells and the Company plans to drill one new well to complete in multiple zones of the Wilcox formation. The field has accumulated production of approximately 400,000 barrels of oil and 350 million cubic feet of natural gas.
Bayside Corporation’s CEO, Gordon Johnson stated:
We are pleased to announce the renewal of the Muscadine Lease, as the Company grows its oil and gas reserves in the United States.
Click here to read the Bayside Corportion (OTC Pink:BYSD) press release.
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