Bayside Corporation (BYSD)

[rockhunter]

Some of the latest developments on BYSD:
http://www.otcmarkets.com/stock/BYSD/news

Direct links to the latest 2 news releases:
Dec. 6, 2014: Bayside Corp: Revitalizes Vault 51 Bitcoin Sales
Dec. 11, 2014: Bayside Corp: Vault 51 Revenue Exceeds $100,000 since price drop

Here is a link to the latest quarterly report:
Nov. 16, 2014: BYSD — Quarterly Report

Here is a blip from quarterly that I especially find beneficial.

6) Anse La Butte Field – St. Martin Parish, Louisiana. Oil and Gas Leases on this prospect are currently being acquired with the eventual total of approximately 600 net acres. The project is situated on a piercement salt dome approximately 5-6 miles East of Lafayette, Louisiana. The field has produced from multiple zones in the Miocene formation for many years. The primary zones of interest are shallow sands occurring between 800’ and 1,000’. There are 3 zones that have produced oil on the dome in that range. The primary zone is the 900’ sand that produced 288,000 barrels of oil from approximately 20 wells between 1977 and 1994. Initially the Company will drill & complete 3 wells; however, there are numerous development drilling locations available. The Company will retain a 12.5% working interest in the project with initial drilling anticipated in the first quarter of 2015.

There are other goodies in there as well you just gotta read it

5) Kelsey S. Field – Starr County, Texas. This prospect covers 160 acres of land and has 4 well on which to rework and re-complete. A verbal agreement has been made with the mineral owners to renew the leases, which should be completed during the first quarter of 2015. The Company will own a 50% interest in the project, which may be reduced upon selling interests to investors. The initial plan is to put all 4 wells on production from the Upper Clark Sand. Each of the wells was previously completed in this zone and production of 25+ bopd should be attained. Additionally, there are numerous zones up the hole that are productive of oil and/or gas that can be re-completed at a later date. Lastly, there are potential developmental locations to be drilled on the leased premise or on adjacent lands that can be leased later.

The Company has entered into an agreement with Texokan Operating, Inc. on 400 acres of its P. E. White lease whereby Texokan will drill a number of development wells, the commencement thereof being during December 2014 or the first quarter of 2015. The Company will retain a reversionary 1.035% working interest and a 0.5% overriding royalty interest.