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Wednesday, 08/24/2016 11:43:24 AM

Wednesday, August 24, 2016 11:43:24 AM

Post# of 112299
NEWS: Bayport International Holdings, Inc. Updates Shareholder

http://www.otcmarkets.com/stock/BAYP/news/Bayport-International-Holdings--Inc--Updates-Shareholder?id=139154


Bayport International Holdings, Inc., updates shareholders. The company is in good standing and looking to acquire more oil and gas properties to further growth. A preliminary agreement to acquire an oil rich property in Daniels Co. Montana has been signed, it would consist of a 3 well program focused on shallow drill. We will release details on these new acquisitions soon. The company has identified several leases that have a very promising volume of oil and gas. As of today we are in negotiations with several entities to participate or possible JV to acquire such leases.

Adding producing properties in the oil and gas industry will become a future priority for the company as we set our goals for a foundation of growth. Bayport owns several mineral and royalty interest in producing and non-producing wells, the following are some:

Jones Co. Texas, Phantom Lake (Tannehill) field, Wade J. H. Etal Well. Lease.

Pike Co. Mississippi, McComb Field.

Nacogdoches Co. Texas, Trawick Gas Field.

Forest Co. Pennsylvania, Steffelbeam Lease.