Bayou City Exploration, Inc. (fka BYCX)

[OilStockReport]

Bobwins; thanks for the details overview. I am very interested in this opportunity and your insights are very much appreciated! I will be looking more into the Company and likely give them a call next week. If I hear anything interesting I will post it here :)

[MWM]

Doesn't look bad

[Bobwins]

I called them a few weeks ago. They have changed a lot since the 3/10 report. No more Sein revs. Used some of the cash from Sein to buy small positions in drilling projects and they hit on all 5 but nothing like Sein so enough to cover office overhead. The Sein sale did allow them to pay down most of the debt so the company is not in any danger now.

The new CEO is supposed to be good at judging oil/gas prospects so they are using him to pick the new investment targets. They are going to continue to invest in small positions in high percentage drilling projects. They also want the ability to sell interests to investors. So they might get involved in a project, tie up a certain working interest and then sell off portions to private investors at a profit. The remainder of the position would represent the company's investment to return revs and cashflow to bycx.ob. They think that they will make as much or more money from selling working interests in wells as they will from the actual oil and gas. But that's taking longer than they thought to get everything cleared and approved with the SEC and local authorities.

Said it was something that was going to take patience on the investor's part. I think that the ability to sell to private investors will allow the company to ramp up operations by getting them involved in more and bigger deals. At some point, they will probably need to issue shares to get enough capital to take on significant deals, even the high percentage ones.

CFO also said it was hard to find oil projects that weren't overpriced.

That's all I know. I have a tiny investment here so willing to wait. Can't sell my stock anyway! No volume! LOL!

[OilStockReport]

Surprised that they have such a tight structure and low share price with decent operations. No issuances year over year it appears either.

Common stock, $0.005 par value; 150,000,000 shares authorized; 26,653,633 shares issued and outstanding at March 31, 2010 and December 31, 2009

[OilStockReport]

Not much happening in the stock but decent activity in the field. Are you still in contact with the Company?

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2010 AND 2009

The Company had a net income of $988,000 for the three months ended March 31, 2010 compared to $360,000 for the same period in 2009. The income per common share was $0.04 per share during the first quarter of 2010 compared to $0.01 per share during the first quarter of 2009 due mainly to the sale of the Sein #1 well.

OPERATING REVENUES

Operating revenues from oil and gas sales were $87,000 during the three months ended March 31, 2010 as compared to $283,000 during the three months ended March 31, 2009 due to the sale of the Sein #1 well and consequent decrease oil and gas production revenue from aforementioned well.

DIRECT OPERATING COSTS

Direct operating costs are reflected as lease operating expenses and production taxes on the company’s statement of operations and were $11,000 for the three months ended March 31, 2010 as compared to $24,000 during the three months ended March 31, 2009. This decrease is due to the sale of the Sein #1 well and consequent decrease in oil and gas lease operating expenses and production taxes on well.

EXPLORATION COSTS

Exploration costs during the first quarter of 2010 and 2009 were $-0-. The Company does plan to resume its exploration efforts during the 2010 year.

OTHER OPERATING EXPENSES

The Company’s general and administrative expenses increased to $84,000 for the first quarter 2010 as compared to $53,000 for the first quarter of 2009. This increase is due to the establishment of executive salaries paid to Robert D. Burr, President and Chief Executive Officer, and to Stephen C. Larkin, Chief Financial Officer.

[OilStockReport]

Nice portfolio in Texas:

Key Developed Properties:

Bridges #1 well in Shelby County, Texas: The Company owns a 0.7% indirect working interest in this well through two partnerships managed by BR Group.

Rooke #1 well: The Company owns a 9.5% working interest in 1 well located in Refugio County Texas which began production in September 2009. The well produces about 350 Mcf per day and about 10 Bbls of oil per day.

Chapman No. 75-1: The Company owns an 8% working interest in 1 well located in Nueces County, Texas which began production in October 2009. The well produces about 375 Mcf per day.

Garcitas #1: The Company owns a 9.5% working interest in 1 well located in Jackson & Victoria County, Texas. The well has been drilled and was completed during the first quarter of 2010. There has been minimal production thus far from this well, but is expected to have stable production during the second quarter of 2010.

Rooke B-1: The Company owns a 9.5% working interest in 1 well located in Refugio County, Texas. The well has been drilled and was completed in early 2010. It started producing in early February 2010 and has produced about 225 Mcf per day and about 12 Bbls of oil per day since then.

Rooke #2 well: The Company owns a 9.5% working interest in 1 well located in Refugio County Texas. This well has been completed during the first quarter of 2010 and has had minimal production during the first quarter. Production is expected to become stable during the second quarter of 2010.

[OilStockReport]

General Operations from March 31 2010

GENERAL OPERATIONS

Bayou City Exploration, Inc., (the “Company”), a Nevada corporation, was organized in November 1994, as Gem Source, Incorporated (“Gem Source”), and subsequently changed the name to Blue Ridge Energy, Inc. in May 1996. In September 2005, the Company changed its name to Bayou City Exploration, Inc.

The Company is engaged in the oil and gas business primarily in the gulf coast of Texas, east Texas, south Texas, and Louisiana. The Company develops oil and gas prospects for the drilling of oil and gas wells and attempts to sell the prospects to oil and gas exploration companies under terms that provide the participating company will provide the funds necessary to drill and complete a well on the prospect, reimburse the Company for any leasehold or exploration costs associated with the prospect, pay the Company a prospect fee for developing the oil and gas prospect, and allow the Company to retain a carried interest in the well to be drilled. The wells drilled by the Company included both exploratory and development wells.

The Company’s corporate headquarters are located at 632 Adams Street, Suite 700, Bowling Green, Kentucky, 42101. Robert D. Burr has served as President and Chief Executive Officer of the Company since April 2007 and Stephen C. Larkin has served as Chief Financial Officer since January 2010.

The Company seeks to sell a portion of the interest in each prospect it generates to an operator that will be responsible for the drilling and operating of the oil and gas properties. Currently, all the Company’s ownership in oil and gas wells is through non-operated working interests.

During 2009, the Company was successful in reaching settlement or payout arrangements with many of its vendors in return for a full release on all remaining liabilities. A gain of $166,000 was recognized in the year of 2009 due to these negotiations.

In prior years the Company has financed much of its operations through the sale of securities. For the three months ended March 31, 2010 and 2009 the Company sold no shares of common stock and no warrants or options were exercised.

As of March 31, 2010, the Company had total assets of $1,067,000, total liabilities of $295,000 and a stockholders’ equity of $772,000. The Company had a net income of $988,000 for the three months ended March 31, 2010 and net income of $360,000 for the same period in 2009. The net income per common share was $0.04 per share during the three months ended March 31, 2010 as compared to $0.01 during the same period in 2009. All per share data in this report has been adjusted to give effect to applicable stock issues and conversions.

All of the Company’s periodic report filings with the SEC pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934, as amended, are available through the SEC web site located at www.sec.gov, including our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to those reports. The Company will also make available to any stockholder, without charge, copies of its Annual Report on Form 10-K as filed with the SEC and a copy of its Code of Ethics. For copies of this, or any other filings, please contact: Robert D. Burr at Bayou City Exploration, Inc., 632 Adams Street — Suite 700, Bowling Green, KY 42101 or call (800)-798-3389.

[10 bagger]

Form 8-K for BAYOU CITY EXPLORATION, INC.

--------------------------------------------------------------------------------
12-Jan-2010

Completion of Acquisition or Disposition of Assets

ITEM 2.01 Disposition of Asset
At a special Board Meeting held on December 01, 2009, the Board of Directors received and began consideration of an offer to purchase the Companies 8.073375% royalty interest in the Sein #1 well for a price of $1,000,000.00. Said price was established via a review of the well production records and the records of other proximal wells in addition to analysis related to the production decline curve. The well is located in Aransas County, Texas and went into production in November of 2008.
The offer to purchase the royalty interest was made by four entities, all of which have a material relationship with the Company's President and CEO, Robert D. Burr. Blue Ridge Group, Inc. is the Managing General Partner of the 2009 Production and Drilling Program, L.P. which has offered to purchase 1.9943981198% of the aforementioned royalty interest. Blue Ridge Group is also the managing General Partner of the 2009/2010 Production and Drilling Program L.P. which has offered to purchase up to 4.0606331302% of the aforementioned royalty interest. Argyle Energy, Inc. is the Managing General Partner of the Argyle Energy 2009-VI Year End Production Program, L.P. which has offered to purchase .5494981226% of the aforementioned royalty interest. Argyle Energy, Inc. is also the Managing General Partner of the Argyle Energy 2009/2010-VI Year End Production Program, L.P. which has offered to purchase up to 1.4688456274% of the aforementioned royalty interest. Mr. Burr is the President of Blue Ridge Group, Inc. and Argyle Energy, Inc. In light of the material relationship between the buyer and seller, the Board of Directors required a third party appraisal of the royalty interest as a condition precedent to acceptance of the offer. The appraisal was received on December 10, 2009 providing an opinion of value equal to $1,000,000. Accordingly, the Board of Directions voted to accept the above referenced offer and proceed to closing.
The closing of two of the transaction took place on January 4, 2010 at which time $247,034 was accepted by the company in exchange for assignment of 1.9943981198% royalty interest in the Sein #1 Well to the 2009 Production and Drilling Program L.P., and $68,063 was accepted for assignment of .5494981226% royalty interest in the Sein #1 well to the Argyle Energy 2009-VI Year End Production Program L.P. The sale to the other two entities is expected to take place on or before March 31, 2010.
ITEM 5.02. Appointment of a Chief Financial Officer At a special meeting of the Board of Directors on January 4, 2010, the Board approved the appointment of Stephen C. Larkin as the Companies new Chief Financial Officer, effective immediately. The term of this appointment is from January 4, 2010 to December 31, 2010 and automatically extends each year for twelve months thereafter unless terminated by either of the parties within ninety days of the anniversary date.
Mr. Larkin is also currently the Chief Financial Officer for Blue Ridge Group. Blue Ridge Group, Inc. is the largest single shareholder of Bayou City Exploration, Inc. with 2,954,075 shares (11.1% of the outstanding shares) and has also extended a line of credit to the company which currently has an outstanding balance of $375,000.00.
Prior to joining Blue Ridge Group, Inc. Mr. Larkin spent 9 years as President and CEO of Sensus Precision Die Casting Inc. and President, CEO and Chairman of the Board of Sensus Rongtai (Yangzhou) Precision Die Casting Ltd. (a Chinese subsidiary of Sensus Precision Die Casting, Inc.). Sensus Precision Die Casting Inc. and Sensus Rongtai (Yangzhou) Precision Die Casting Ltd. primarily served the U.S. and Asian auto industries. The two companies made high pressure aluminum die castings predominantly used in pressure vessels for their customers such as air conditioning compressors and rack and pinion steering housings. Mr. Larkin spent a total of 21 years with Sensus Metering Systems, Inc. and related companies (the parent company of Precision Die Casting, Inc.) in positions ranging from Controller & CFO of one of their divisions, to Vice President of Operations of another division, then finally with Sensus Precision Die Casting, Inc. as their President and CEO. In this position Mr. Larkin was responsible for all aspects of the business and setting the business's strategic direction. He was instrumental in the identification and acquisition of its Chinese subsidiary, Sensus Rongtai (Yangzhou) Precision Die Casting, Ltd., which substantially strengthened Sensus Precision Die Casting, Inc. and gave them a global footprint in the fastest growing automotive market in the world, China. Prior to that, Mr. Larkin spent about six years with Ernst & Young CPA's, both in Lansing Michigan and Tampa Florida offices and held the position of Senior Manager-Auditing when he left.
Mr. Larkin earned a B.A. Degree from Michigan State University in Accounting in 1981, an MBA Degree from Michigan State University in Operations Management in 1989 and an Executive MBA from the University of New Hampshire in International Business in 1997. Mr. Larkin also passed the CPA exam in May 1982 and was granted a CPA license in the State of Florida in May of 1982. Mr. Larkin will be paid annual compensation of $30,000 per year for the position.

[MWM]

Thanks! one to watch

[Bobwins]

I have bought a few at .06. Underwater at last price but obviously undervalued here and huge spread.

The company doesn't produce any PR's and website is out of date, showing Houston office and wrong officers.

They are now just buying into small working interest positions as non operating JV partners. The good results are from one well that has outperformed. They only have one well so there is risk of declining production that will impact their positive financials.

However, they report investing in three other drill packages that appear positive. The problem is that very few wells will measure up to their lone producing well. As this section of the 10Q shows, Sien#1 is producing 6200mcfpd and 70bpd oil. That is the equivalent of 1100boepd at 6:1 gas/oil ratio. We all know that the real world ratio is closer to 15:1 but that's still 483boepd. They have 10% WI or 48boepd net to Bayou. That's a great well for a small investment.

Rooke#1 sounds like a good well, testing at 450mcfpd and 40bpd but let's assume that it produces at 1/2 the testing level and at 15:1 gas to oil. 35boepd total and 3.5boepd to Bayou. So this well will add only about 7.5% to total revs. Shows how good Sien is and how difficult it will be to duplicate their good fortune on that well. Still Rooke#1 should replace depletion on Sien and keep results positive going forward.

Will try to contact the CEO and report. Bobwins

Key Developed Properties:
Sien #1: The Company owns an 8.1% royalty interest in 1 well located in Arkansas County, Texas which began producing in the fourth quarter of 2008. The well produces approximately 6200 Mcf per day and 70 Bbls of oil per day.
Rooke #1: The Company owns a 10% working interest in 1 well located in Refugio County, Texas which was drilled during the second and third quarters of 2009. The well went through completion and as of September 28, 2009 started producing about 450 Mcf per day and 40 Bbls of oil per day. It’s too early to know how this production will level out but the initial signs are promising.
Chapman No. 75-1: The Company owns a 10% working interest in 1 well located in Nueces County, Texas which was drilled during the third quarter of 2009 and has gone to completion. As of the filing date of this report it is believed that the well will be a producing well, but the level of the net revenues that the Company will receive is unknown. This should be known by the end of the year.
Powers #1: The Company owns a 2.5% working interest in 1 well located in Colorado County, Texas which was drilled during the third quarter of 2009 and has also gone to completion. As of the filing date of this report it is believed that the well will be a producing well, but the level of the net revenues that the Company will receive is unknown. This should be known by the end of the year.
Garcitas #1: The Company has committed to purchase a 10% working interest in 1 well located in Jackson & Victoria Counties, Texas. The well is scheduled to be drilled in the fourth quarter of 2009.
King Prospect: The Company has committed to purchase a 10% working interest in one well located in Refugio County, Texas. The well is scheduled to be drilled in the fourth quarter of 2009.

[MWM]

Cool thanks

[AliAngel]

that is the 10q for on the bayou. lol

[AliAngel]

Yes but the spread is too large here. .045 and the .19. wowsers. this is a great 10q watch addon. i was very impressed but I am not going to pay .19. lol take a look at this q. I am watching till below the .07 now.
oops AVMD is also way ondervalued. lol
Manage Assistants for Advanced Medical Institute, Inc.

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BAYOU CITY EXPLORATION, INC.
BALANCE SHEETS

September 30, December 31,
2009 2008
(Unaudited)
ASSETS

CURRENT ASSETS:
Cash $ 25,411 $ 18,042
Accounts receivable:
Trade and other (net of reserves — $37,468 as of September 30, 2009 and $222,011 as of December 31, 2008). 133,480 210,674

TOTAL CURRENT ASSETS 158,891 228,716

PROPERTY, PLANT, AND EQUIPMENT, NET 242,554 5,834


TOTAL ASSETS $ 401,445 $ 234,550


LIABILITIES AND STOCKHOLDERS’ DEFICIT:

CURRENT LIABILITIES:
Accounts payable and accrued expenses $ 92,601 $ 354,789
Accounts payable — related party 134,906 246,298
AFE advances from JIB owners — 51,186
Notes payable — related parties 425,000 616,569


TOTAL CURRENT LIABILITIES 652,507 1,268,842

LONG TERM LIABILITY — P&A COSTS — 43,806


TOTAL LIABILITIES 652,507 1,312,648


STOCKHOLDERS’ DEFICIT:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2009 and December 31, 2008 — —
Common stock, $0.005 par value; 150,000,000 shares authorized; 26,653,633 shares issued and outstanding at September 30, 2009 and December 31, 2008 133,268 133,268
Additional paid in capital 13,284,765 13,284,765
Accumulated deficit (13,669,095 ) (14,496,131 )


TOTAL STOCKHOLDERS’ DEFICIT (251,062 ) (1,078,098 )


TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT $ 401,445 $ 234,550


The accompanying notes are an integral part
of these financial statements
3



--------------------------------------------------------------------------------


Table of Contents

BAYOU CITY EXPLORATION, INC.
STATEMENT OF OPERATIONS
(UNAUDITED)

Three Months Ended Nine Months Ended
September 30, September 30,
2009 2008 2009 2008
OPERATING REVENUES:
Oil and gas sales $ 226,457 $ 19,054 $ 756,075 $ 53,214

TOTAL OPERATING REVENUES 226,457 19,054 756,075 53,214


OPERATING COSTS AND EXPENSES:
Lease operating expenses and production taxes 15,029 (5,396 ) 46,732 (3,541 )
Impairment, abandonment and dry hole costs — 3,750 — 3,750
Exploration costs — — — 14,899
Depreciation, depletion and amortization — — 5,834 31,147
General and administrative costs 56,859 37,931 62,707 225,970


TOTAL OPERATING COSTS 71,888 36,285 115,273 272,225


OPERATING INCOME (LOSS) 154,569 (17,231 ) 640,802 (219,011 )


OTHER INCOME (EXPENSE):
Interest expense (7,336 ) (9,352 ) (25,409 ) (28,208 )
Gain (loss) on sale of assets — — — (22,129 )
Forgiveness of debt — 10,880 167,344 24,898
Miscellaneous income 2,095 563 44,299 563


NET INCOME (LOSS) BEFORE INCOME TAX 149,328 (15,140 ) 827,036 (243,887 )


Income Tax Provision — — — —


NET INCOME (LOSS) $ 149,328 $ (15,140 ) $ 827,036 $ (243,887 )



NET LOSS PER COMMON SHARE $ 0.01 $ (0.00 ) $ 0.03 $ (0.01 )

[MWM]

You find anything?

[$pmlg]

I need not say more...the chart does it. bm 11 me.

[Burntwood]

Pulling up the filings. Only 26.6 Million OS

[AliAngel]

Looking at the 10q now.

[AliAngel]

Oil company right???

[AliAngel]

Any target prices mike.

[AliAngel]

Looking at this one.

[MWM]

Old PR

Bayou City Exploration Updates on Projects and Re-Launches Website at www.bcexploration.com
Monday November 19, 2007 3:11 pm ET


Company speeding prospect generation with advanced seismic image processing and geophysical data analysis technologies


HOUSTON, TEXAS--(MARKET WIRE)--Nov 19, 2007 -- Bayou City Exploration, Inc. ("Bayou City", or "the Company") (OTC BB:BYCX.OB - News) is pleased to provide an update on its recent project development and expanded application of advanced technologies to speed prospect generation and de-risking.
ADVERTISEMENT


The Company's currently has four projects in Aransas, Willacy and Kenedy Counties in coastal and south Texas. Collectively, the potential project reserves total 54.5 BCF of natural gas with an estimated gross value of $407 million. The Company anticipates adding 4 to 6 drillable prospects in the focus area to its prospect inventory in early 2008.

Bayou City has also expanded its application and integration of advanced technologies to speed high quality prospect generation based on a thorough understanding of the subsurface essential to increasing the probability of drilling successful wells.

Bayou City, the first in North America to work with ffA (Foster Findlay Associates),in applying its image processing technology, continues to expand its use of ffA's 3D Image Processing and Analysis ("IPA") technology. IPA extracts geological information from seismic data objectively, reliably and rapidly to accelerate and improve the quality of critical path E&P processes such as seismic interpretation, geological modelling and well planning. ffA technology enables Bayou City to rapidly identify prospective acreage, lease ahead of competitors, improve delineation and de-risking of prospects and enhanced prospect marketing to drilling investors, and increased drilling success.

Bayou City further reviews leads using Fairfield Industries cutting edge software for AVO, time-depth-migration, zero phase adjustments, instantaneous Amplitude and Amplitude Envelope to take leads into prospects.

Bayou City intends to accelerate the generation of high quality prospects from its extensive data library. The Company's large and continually growing database of approximately 7,500 square miles of 3-D data is centered principally in its focus area. Bayou City also has an additional 20,000 square miles of 2-D data.

The Company has recently re-launched its website at www.bcexploration.com and encourages investors to take a look at the company's business strategy, technologies and management in more full detail.

About Bayou City Exploration

Bayou City Exploration, Inc. is an oil and gas exploration firm focused in proven geologic trends in East Texas, the Gulf Coast of Texas, and South Texas. Based in Houston, Texas, Bayou City leverages its management team's long experience and multidisciplinary expertise in applying advanced technology to the analysis and selection of high-potential prospects with low exploration risk.

This news release may include forward-looking statements, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements contained herein.

[pj McMulligan]

She's over the 200.. anyone liking this here?

[AAsuited]

Amazing. The spam bangers told me to buy this at $2 in December 2006. Now there is an E and the stock only .20 cents. Delisting in the near future?

[spockster202]

Hey - just stumbled onto your board after getting Bill Ridley's immediate buy mailer.

BIG PROFITS IN 90 DAYS!!!!!!! SOON TO BE $3.50 A SHARE

wiring funds right now to buy the crap outta this!

; )

j/k

GLTA

[kairos]

this one is starting to show a little uptrend

[AAsuited]

Not a bad approach in buying only 50 shares as a lottery ticket. Worst u could lose is $100 + commission.

[profdoj83]

Unfortunately I bought this dog at $2.17. The spam mail said it could go to $5.oo real soon. Oh well, I only bought 50 shares as a lottery ticket. This one will probably fall below .50 before the bleeding ends.

[AAsuited]

If I would have bought when the spam bangers told me to buy around $2, I would have more than a 50% loss right now at .98 cents.

This stock illustrates why you can't trust spam mail in your postal mailbox.

[bell345]

It's 450,000.

[bell345]

The guys who put out the mailer are probably cashing out, as usual.

[AAsuited]

Could of been a good flip, but you really never know with these OTCBB's & pinks. 99% of the time, I flip only big board stocks and generally hold 2-6 weeks. With OTCBB's and pinks you can only make money if the stock goes up. One way street (otcbb's), but the rewards (losses too) can be enormous. You will never rack up any 10+ baggers in less than 1 year investing in Home Depot. In Otcbb's or pinks, opportunities abound and that's why I play knowing the risk vs. reward.

We all have our own trading styles and risk tolerances. Don't take my postings as investment advice. Be your own boss. My postings are opinion only. GLTY

[mrmessiah]

Bounce back. Coulda flipped this one for some nice change.

[mrmessiah]

Thanks AA

[AAsuited]

Barchart.com is a great penny stock resource for me. According to the opinion there, it is listed as a strong sell short and long term.

Might see 50 cents around New years/Xmas and then have this shoot up back to $2.00 during January. I don't see a reason to buy this until maybe Jan. Very risky stock with plenty of downside. For now this is on my watchlist only. Waiting to see how this bottoms out. JMHO GLTY

[mrmessiah]

Any idea what the bottom should be?

[AAsuited]

If you really have to buy this, wait until the price stabilizes. Gateway hit the nail on the head............those slick promoters are cashing out.

Got snail mail spam for BLDH last June 2006 for $1.35 with it being touted as the next possible Google. The stock has tanked to .33 cents currently. Based on the past record of these snail mail spam bangers, I would not buy into this even at $1.20. Expect more selling as the spam bangers cash out for some Xtra Xmas dough.

For now this is a stock to avoid until the spam bangers cash out........then this may head north. JMHO

[mrmessiah]

I The Snail mailer I recieved stated that the marketing COmpany recieved $500,000 or $750,000 (cant remember the exact amount)for the cost of distributing the mailer and any left overs would be pocketed for profit. I may throw some money at it. I will see what it does in the morning.

[Golden Cross]

I see what you are saying. Some of these promotion company's I don't think care...more of the take the $ now thing and promote their next stock and do the same thing...I would like to have seen the fine print at the bottom of those promations though before just guessing since I have not seen them IMO...

I am tempted just to throw some change at it with that RSI being so low...jmho and glty

[mrmessiah]

I considered that as well however the the stock has traded in the $1.90-$2.20 range for the last year. You wouldnt think they were dumping for such a loss.

[Golden Cross]

As I read back on a few messages now I maybe see the reason with the email and snail mail pumping...probably gave them stock and they are cashing it all in IMO

[Golden Cross]

Mannnnn... I have no Idea...no bad news that I can see....major tankage...Chart is So oversold...might play it for a TA bounce...but could also be a sign of bad news coming because there a lot of stocks trading down some with NG/Oil but this is major for them...jmho and GLTA

[mrmessiah]

Anyone know why this stock is tanking over the last few days?

[mrmessiah]

Big drop today. Buy opportunity?

[mrmessiah]

Recieved an 8 page mailer today

[AAsuited]

Got snail mail spam on this one. Been getting a lot of oil company spam in my postal mail box since June 2006. None of these spam companies have rocketed to the statusphere except SOIGF. Putting this one on my watchlist, since it is oil

[Golden Cross]

Shares Outstanding: 25.97M
Float: 2.42M

[Golden Cross]

Bayou City Exploration Announces Change to Management Team
Monday October 16, 5:30 pm ET


HOUSTON, TX--(MARKET WIRE)--Oct 16, 2006 -- Bayou City Exploration, Inc. ("Bayou City") ("the Company") (OTC BB:BYCX.OB - News) today announced that it has accepted the resignation of Norman G. Haisler, Jr., Senior Vice President and Chief Financial Officer.
ADVERTISEMENT


Mr. Haisler, a CPA, had been with the Company since 2003 and had responsibility for its accounting and financial reporting during Bayou City's rapid expansion over the past three years. The Company thanks Mr. Haisler for his significant contributions and wishes him well as he pursues other interests.

Bayou has retained Alan Roberts McGee P.C., a CPA firm that specializes in providing accounting services and financial reporting for the oil and gas industry.

Bayou City Exploration, Inc. is an oil and gas exploration firm focused on developing proven geologic trends in East Texas, South Texas, the Gulf Coast of Texas and Louisiana. Based in Houston, Texas, Bayou City leverages its management team's multidisciplinary expertise in applying advanced 3-D seismic analysis, 3-D processing algorithms, amplitude attribute and imaging technologies to the analysis and selection of high-potential prospects with low exploration risk. The Company's database has more than 7,500 square miles of 3-D data, most of it covering Bayou City's focus area, as well as 13,000 linear miles of 2-D data.

This news release may include forward-looking statements, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements contained herein.



Contact:
For more information, contact:
Morris Hewitt
[phone]

[Golden Cross]

Bayou City Exploration Updates on Operations
Tuesday October 17, 9:15 am ET


HOUSTON, TX--(MARKET WIRE)--Oct 17, 2006 -- Bayou City Exploration, Inc. ("Bayou City") or ("the Company") (OTC BB:BYCX.OB - News) is pleased to provide an operational update.
ADVERTISEMENT


South Texas Exploration Program

Bayou City has successfully completed the first stage of its South Texas exploration program with positive results. The program, a partnership with Deeside Energy. LLC. ("Deeside"), started in spring 2006. Bayou City is partnering with Deeside to accelerate the generation of high quality prospects from Bayou City's extensive data library. The program applies world-class 3-D seismic software technology to improve delineation and de-risking of leads and reduce interpretation cycle time.

The program's first stage conducted prospect delineation on more than 10,000 acres in combination with the latest AVO inversion techniques. The positive results have led Bayou City to form a joint venture with an independent exploration company based in Houston to develop the prospective acreage. Bayou City will conduct the necessary geologic and geophysical work; the independent exploration company will pay for all the leases required in the project for a 50% interest in the prospect or prospects to be leased.

"The Bayou City-Deeside partnership has rapidly proved its value," says Morris Hewitt, Bayou City President. "The combination of Bayou City's analytical and interpretive expertise with leading edge 3D seismic image processing technology is giving us the ability to quickly identify prospects, lease acreage and attract partners."

Mclean #1 in Live Oak County

Bayou City has elected to temporarily abandon the Mclean #1 well; a re-entry of an existing well bore in Live Oak County, Texas, pending further evaluation. The Company plans to purchase, with its partners, 3-D seismic data over the prospect. Mclean #1 is part of an overall position of 2961 acres in Live Oak County owned by Bayou City and its partners.

Sale of Anderson County Leases

Bayou City and its partners have agreed in principle to sell their Anderson County leases for cash and a carried interest in any future wells drilled that will be shared among its partners. The Company has approximately 3000 acres in the area. Bayou City expects the deal to be completed in the very near future.

About Bayou City

Bayou City Exploration, Inc. is an oil and gas exploration firm focused on developing proven geologic trends in East Texas, South Texas, the Gulf Coast of Texas and Louisiana. Based in Houston, Texas, Bayou City leverages its management team's multidisciplinary expertise in applying advanced 3-D seismic analysis, 3-D processing algorithms, amplitude attribute and imaging technologies to the analysis and selection of high-potential prospects with low exploration risk. The Company's database has more than 7,500 square miles of 3-D data, most of it covering Bayou City's focus area, as well as 13,000 linear miles of 2-D data.

About Deeside Energy

Deeside is a joint venture of Foster Findlay Associates, Ltd. ("ffA") of Newcastle upon Tyne, England and Wood Roberts, LLC. ("Wood Roberts") of Houston, Texas. ffA is a world leader in the development and commercialization of 3D seismic image processing technology for the oil and gas industry. ffA Technology improves estimation of reserves, de-risking of drilling targets and well path planning by extracting comprehensive and detailed geological information from 3D seismic data, rapidly, objectively and reliably.

Wood Roberts is a corporate financial advisory firm specializing in the energy sector.

For more information, contact: Morris Hewitt at [phone]

This news release may include forward-looking statements, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements contained herein.



Contact:
For more information, contact:
Morris Hewitt
[phone]