Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah, I requested to an Admin Geek to post the news when the news came out... and no one has done it yet... They are ususally on top of it quickly when I give a request...
Tier change today...late with the filing
http://www.otcmarkets.com/stock/BVIG/chart
Kat Gold Holdings is expected to have their Q2 filing out this week.
Lot's of speculation here....but most are waiting for facts.
http://www.otcmarkets.com/stock/BVIG/filings
Matheson/Hoffman are from 2009...That is all old information. Check out filings from 2009. They are NOT new directors.
Reuters needs to do some updating. :o)
Never was dead :o)...only beaten down continually...
BAYP More production news..Nice! And I also like this part of the PR:
We will see if they file on time or an NT 10Q....
After filing an NT 10-Q, the deadline for the 10-Q is extended five calendar days from the due date.
Well said paratrooper... I agree. :o)
And its only the beginning! :o)
WOW Nice Production News! http://ih.advfn.com/p.php?pid=nmona&article=58748910&symbol=BAYP
Bayport International Holdings, Inc. Announces Production Numbers and Well 4 Update for PA Steffelbeam Interest
Date : 08/08/2013 @ 11:04PM
Source : OTC Markets
Stock : Bayport International Holdings, Inc. (PC) (BAYP)
Quote : 0.0004 0.0 (0.00%) @ 4:23PM
Bayport International Holdings, Inc. Announces Production Numbers and Well 4 Update for PA Steffelbeam Interest
Print
Alert
Bayport International Holdings, Inc. Announces Production Numbers and Well 4 Update for PA Steffelbeam Interest
August 8, 2013
Tulsa OK.
Tulsa, OK, August 8, 2013 -- Bayport International Holdings, Inc. (OTC Pink: BAYP). Today we announce production numbers and update to the previously announced contract for 5.0% working Interest and 3.75% net revenue in a new drilling program in the Steffelbeam Lease, Forest County, Pennsylvania. The contract is for wells with permit numbers 1, 2, 3 and 4, which have been submitted to Pennsylvania Department of Environmental Protection (PA DEP) and approved.
At this time we are producing 1.9 Barrels of oil per HOUR, or 45.6 Barrels of oil per day from the first 3 wells. Production has gone up 3 barrels per day per well over the last couple of days. Well #4 frac was completed on Wednesday. There was a flowback of oil on all formations including the Fourth Sands. We anticipate production from this well to begin on Monday if not sooner. Tubing and rods were inserted, and we anticipate the pumping unit should be online no later than today.
150 Barrels of oil from the first three wells were sold this week. Ergon Oil Purchasing is our exclusive oil purchaser. We are very pleased with the performance of these wells, and anticipate Well #4 production numbers in the very near future.
Steffelbeam Lease Forrest County Pennsylvania:
The Steffel Beam Lease is directly adjacent from the Milford Lease Forrest County Pennsylvania. And thus has all the same shale and play potential. The location Forest County, Pennsylvania is east of the town of Titusville, Pa. This area has always been prolific in the production of oil and natural gas. The preliminary target zones for wells on this lease will be the 1st Sands, 2nd Sands, 3rd Sands, and Red Valley Formations. These oils and gas bearing formations are found throughout this immediate area and historically have been good producers. All zones should be encountered at drilling depths of approximately 1100-1300 ft., depending upon the elevation. Well records found in the vicinity show the presence of these formations on and near the lease. This lease is off-set on all sides by operating oil and gas wells, owned and operated by various independent operators.
Some of these early wells blew out at over 10,000 bopd of oil per day. The drive that forced this oil out at such high rates was the natural gas that was also present. Before a market was found and pipelines were built much of this natural gas was wasted, being vented or flared to atmosphere. The intense market demand for crude oil created a boomtown history that rivaled anything in the gold fields of California. Spin-off industries such as transportation, refining and paraffin extraction created a job basis that lasts today. Up until the mid-1930's this region of Pa. was the world's leading exporter of oil. The majority of these early wells were drilled to a depth less that 3000 ft. Success rate of wells drilled in this known region of Pa. has been approximately 95%.
It is the best appraisal that wells drilled on the Forest Co. Steffelbeam Lease have an excellent chance of being economically productive. These leases give a drilling program a nice balance of oil and natural gas production. Ideally we will see 20 barrels of oil per day, initial production. Shallow wells go through a decline curve after a short period of flush production and settle down to a rate that may be maintained for many years. An old oil field axiom states that a well will give up half its overall production within the first year of production. With modern techniques of operating the overall production rates can be greatly increased. It is quite common for wells in this region to continue to operate economically for (20) years or more after drilling. Of course this economical life span is a factor to the price of being received for the oil and natural gas.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Texas.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Investor Relations Contact:
Briggs Smith
813-438-5225
info@olibrigroup.com
Why don't we wait to see what actually happens, from NOBLE, rather than predictions and rumors from others.
Same with KATX/BVIG :o)
Nice find usafa...thanks :o)
Yes, that was posted here back when it happened.
New deadline for NOBLE is Aug 7, 2013
http://www.nobleminres.com.au/live/wp-content/uploads/2013/07/Extension-of-Voluntary-Suspension-240713.pdf
NOBLE's recent announcement:
http://www.nobleminres.com.au/live/wp-content/uploads/2013/08/June-2013-Quarterly-Activities-Report1.pdf
revelations1...
That is quite an open question.
All shareholders should read all filings themselves.
http://www.otcmarkets.com/stock/BVIG/filings
But we do know that the Company has not generated any revenues. Lots of expenses for this type of company. They drilled two properties in one year...that was quite an accomplishment for a small exploration company. Handcamp and Rusty...which need more work.
They acquired Ekom Eya property, and looking into another (J.Kwarteng) that we know of.
"The Company's business model is that of a mineral acquisition, exploration and development company focused primarily on gold properties."
There are many articles to read regarding the difficulties in finding funding for junior exploration, junior minors, etc... the past few years.
here is one:
http://www.cbc.ca/m/touch/canada/ottawa/story/2013/03/05/tby-pdac-junior-miners-lack-investing.html
They completed a Spin-Off, that so many said would never happen...etc
imo.. this is not a scam company as so many continue to say.... but a company that continues to try and move forward during these difficult times.
Sometimes late with things, sometimes with mistakes, but always trying to move forward...and so far, they continue to do what they say they will do.
Will they hit a big one?? who knows
imo
BVIG Security Details
Share Structure
Market Value1 $1,127,658 a/o Jul 31, 2013
Shares Outstanding 341,714,675 a/o Jul 16, 2013
Float 259,714,675 a/o Jul 16, 2013
Authorized Shares 1,000,000,000 a/o Jul 16, 2013
Par Value 0.001
http://www.otcmarkets.com/stock/BVIG/company-info
KAT Gold getting some volume today!Nice Buys.
I contacted IR...I was told they still have mining division.... only took it down to work on the link.
As you can see they still note on 'home page' and 'about us' page the Mining Division along with Oil and Gas.
About Us
Bayport International Holding, Inc. is primarily made up of two distinct divisions. These divisions consist of the Mining Division and the Oil & Gas Division.
http://bayportinternational.com/?page_id=6
http://bayportinternational.com/?page_id=2
Nice! Thanks 1center for keeping us informed... :o)
No...The answer is 'Ask Ken'
Ask Ken
:o)
eiddle...2 year deadline.....
agree
had to look that one up.... lol
Hope we see something good out of this split...
Yes, For KATX not BVIG
http://www.otcmarkets.com/stock/KATX/filings
KATX filings http://www.otcmarkets.com/stock/KATX/filings
That should bring them current once they file Atty Letter.
I believe it's not due until August 15, 2013 for BVIG
Q 2 is for April, May, June quarter.
45 days from June 30 is 8/15/2013.
You're welcome
Yes,I agree, we need some updates from the company.
yes revelations1...
http://www.nobleminres.com.au/live/wp-content/uploads/2013/07/Extension-of-Voluntary-Suspension.pdf
http://www.nobleminres.com.au/
Last time these voluntary suspensions happened they received funding from Resolute Mining.
That is not what the
Managing Director said about The Bibiani North Mine that sits at Ekom Eya. I think I will take his word for it, not your opinion.
Wayne Norris, Managing Director (NOBLE) regarding Bibiani North Mine
http://www.brrmedia.com/event/99071/wayne-norris-managing-director
can be heard @ 1:30 – 2:00 on stream
Quote:“The Bibiani North is basically to ensure we keep our prospecting Licenses in good standing, and obviously there is a lot of history around Bibiani North as well. It’s an old mine from 1907-1908 period, that has had no real modern exploration done on it.
We’ve in field drilled that and it is a requirement to keep the tenure in good standing, but some excellent results from that, and certainly higher grades than we expected there, but historically it was a high grade underground mine.”
Found this interesting in regards to OTC companies
"But these days, there are a slew of influential companies — especially foreign ones — whose shares investors can’t access on the big public exchanges. Count among them Roche (RHHBY), Adidas (ADDYY), Volkswagen (VLKAY), BASF (BASFY) and Nestle (NSRGF)."
Nestle is a pink
Yes...
Company asks for voluntary suspension.
New deadline is July 10
http://www.nobleminres.com.au/live/wp-content/uploads/2013/07/Suspension-from-official-quotation.pdf
also read this from a couple weeks ago re: Ferrier Hodgeson
http://www.nobleminres.com.au/live/wp-content/uploads/2013/06/Market-Update-07062013.pdf
http://www.nobleminres.com.au/
Well, I can see
that the difference is:
Brookes/Sullivan shares that were put in Escrow Agreement Account.
118,263,158 shares
and Ken's Employee Agreement Sign On Bonus from 2012 Q1 filing page 10.
4,500,000 shares
118,263,158 + 4,500,000 = 122,763,158
Page 2
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9373415
Because the 10 K was filed in June, they gave the current O/S also...looks like.
March 31, 2013 O/S per 10Q 464,477,833
June 18, 2013 O/S per 10K 341,714,675
Guess we have to wait for updates from the company.