Tuesday, April 26, 2011 10:03:01 AM
$BCME ~ ALL PRESS RELEASES FOR 2011:
BCM Energy Partners: University Field Production and Reserves Update:
Press Release Source: BCM Energy Partners, Inc. On Friday April 15, 2011, 1:31 pm EDT
NEW ORLEANS, April 15, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., (OTC: BCME) formerly Aeon Holdings, Inc. (AEOH) is an acquisition company focused on 'rolling-up' distressed oil and gas fields in onshore Texas, Louisiana and Mississippi.
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM Energy owns 100% of the working interests in University Field.
During March, 2011, University Field produced 992 barrels of oil and sold 1,153 barrels of oil from field operations. There are two (2) current producing wells in the field, with workovers to begin in Q2 2011 on an additional four (4) shut-in wells.
CEO Dr. R. Gerald Bailey stated that, "Higher oil prices are definitely supporting our value play in University Field. This acquisition has proven valuable based on recent reserve reports, as compared to our initial acquisition price."
University Field is a producing oil field in East Baton Rouge parish, LA comprised of approximately 300 gross acres with 19 wells in-field, of which most are workover candidates. Management has identified at least one proven undeveloped drilling location, with plans to begin drilling in Q3 2011.
Proven and probable (2P) reserves associated with University Field have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management. Total proven reserves equal $11,776,400 which represents 28.5% of 2P reserves, indicating attractive potential for growth.
About BCM Energy Partners, Inc.
BCM Energy Partners acquires distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-prnews-2066478544.html?x=0&.v=1
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BCM Energy Partners: Name Change Effective 4/13/2011
Press Release Source: BCM Energy Partners, Inc. On Wednesday April 13, 2011, 5:57 pm EDT
NEW ORLEANS, La., April 12, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., formerly known as Aeon Holdings, Inc. is an acquisition company focused on 'rolling-up' distressed oil and gas fields in onshore Texas, Louisiana and Mississippi. BCM currently owns and operates University Field in East Baton Rouge parish, LA with multiple acquisitions in process.
Management is pleased to announce that FINRA has confirmed the name change for the company effective April 13, 2011.
The new name of the company is "BCM Energy Partners, Inc." and will continue its listing with OTC Markets under the symbol "BCME" with a corresponding CUSIP of 07331A 102.
Please note that future releases, including production updates, acquisition announcements and financial filings will reference this updated symbol.
About BCM Energy Partners, Inc.
BCM Energy Partners was established to acquire distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by an impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at BCM Energy Partners' website. (www.BCMEnergy.com)
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-Name-prnews-2921989421.html?x=0&.v=2
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BCM Energy Partners Completes Update of Corporate Filings and Name Change:
Press Release Source: BCM Energy Partners, Inc. On Monday March 14, 2011, 9:05 am EDT
METAIRIE, La., March 14, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., formerly known as Aeon Holdings, Inc. has completed the submission of all current financial filings to the OTC Markets, including an Initial Company Information Statement, effectively bringing the company to a current reporting status. Additionally, the Company has joined the OTC Markets News and Disclosure service to begin active communication with the investment public and is preparing a full audit of prior financial statements for submission to the SEC.
The Company has also filed all necessary documentation with FINRA to change its listed name to "BCM Energy Partners, Inc." from "Aeon Holdings, Inc." Pending approval, the Company has requested a symbol change to "BCME".
Dr. R. Gerald Bailey (Chairman & CEO), stated: "This current filing status not only has a powerful impact on the transparency and value of our public stock, but will allow us to begin educating the investment public on our strategy and breadth of acquisition targets. We have an active pipeline of acquisition targets across the U.S. Gulf Coast, and expect to move forward with several before the summer."
BCM Energy has also commissioned updated reserve reports from Collarini & Associates on its current assets and plans to announce the details of pending acquisitions as terms are finalized in the weeks to come. As prior reports were valued at $70 oil prices, management expects to report a significant improvement in reserve values based on updated engineering and the current increase in oil prices.
About BCM Energy Partners, Inc.
BCM Energy Partners was established to acquire distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-Completes-prnews-1897177486.html?x=0&.v=1
BCM Energy Partners: University Field Production and Reserves Update:
Press Release Source: BCM Energy Partners, Inc. On Friday April 15, 2011, 1:31 pm EDT
NEW ORLEANS, April 15, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., (OTC: BCME) formerly Aeon Holdings, Inc. (AEOH) is an acquisition company focused on 'rolling-up' distressed oil and gas fields in onshore Texas, Louisiana and Mississippi.
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM Energy owns 100% of the working interests in University Field.
During March, 2011, University Field produced 992 barrels of oil and sold 1,153 barrels of oil from field operations. There are two (2) current producing wells in the field, with workovers to begin in Q2 2011 on an additional four (4) shut-in wells.
CEO Dr. R. Gerald Bailey stated that, "Higher oil prices are definitely supporting our value play in University Field. This acquisition has proven valuable based on recent reserve reports, as compared to our initial acquisition price."
University Field is a producing oil field in East Baton Rouge parish, LA comprised of approximately 300 gross acres with 19 wells in-field, of which most are workover candidates. Management has identified at least one proven undeveloped drilling location, with plans to begin drilling in Q3 2011.
Proven and probable (2P) reserves associated with University Field have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management. Total proven reserves equal $11,776,400 which represents 28.5% of 2P reserves, indicating attractive potential for growth.
About BCM Energy Partners, Inc.
BCM Energy Partners acquires distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-prnews-2066478544.html?x=0&.v=1
=========================================================
BCM Energy Partners: Name Change Effective 4/13/2011
Press Release Source: BCM Energy Partners, Inc. On Wednesday April 13, 2011, 5:57 pm EDT
NEW ORLEANS, La., April 12, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., formerly known as Aeon Holdings, Inc. is an acquisition company focused on 'rolling-up' distressed oil and gas fields in onshore Texas, Louisiana and Mississippi. BCM currently owns and operates University Field in East Baton Rouge parish, LA with multiple acquisitions in process.
Management is pleased to announce that FINRA has confirmed the name change for the company effective April 13, 2011.
The new name of the company is "BCM Energy Partners, Inc." and will continue its listing with OTC Markets under the symbol "BCME" with a corresponding CUSIP of 07331A 102.
Please note that future releases, including production updates, acquisition announcements and financial filings will reference this updated symbol.
About BCM Energy Partners, Inc.
BCM Energy Partners was established to acquire distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by an impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at BCM Energy Partners' website. (www.BCMEnergy.com)
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-Name-prnews-2921989421.html?x=0&.v=2
=========================================================
BCM Energy Partners Completes Update of Corporate Filings and Name Change:
Press Release Source: BCM Energy Partners, Inc. On Monday March 14, 2011, 9:05 am EDT
METAIRIE, La., March 14, 2011 /PRNewswire/ -- BCM Energy Partners, Inc., formerly known as Aeon Holdings, Inc. has completed the submission of all current financial filings to the OTC Markets, including an Initial Company Information Statement, effectively bringing the company to a current reporting status. Additionally, the Company has joined the OTC Markets News and Disclosure service to begin active communication with the investment public and is preparing a full audit of prior financial statements for submission to the SEC.
The Company has also filed all necessary documentation with FINRA to change its listed name to "BCM Energy Partners, Inc." from "Aeon Holdings, Inc." Pending approval, the Company has requested a symbol change to "BCME".
Dr. R. Gerald Bailey (Chairman & CEO), stated: "This current filing status not only has a powerful impact on the transparency and value of our public stock, but will allow us to begin educating the investment public on our strategy and breadth of acquisition targets. We have an active pipeline of acquisition targets across the U.S. Gulf Coast, and expect to move forward with several before the summer."
BCM Energy has also commissioned updated reserve reports from Collarini & Associates on its current assets and plans to announce the details of pending acquisitions as terms are finalized in the weeks to come. As prior reports were valued at $70 oil prices, management expects to report a significant improvement in reserve values based on updated engineering and the current increase in oil prices.
About BCM Energy Partners, Inc.
BCM Energy Partners was established to acquire distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
http://finance.yahoo.com/news/BCM-Energy-Partners-Completes-prnews-1897177486.html?x=0&.v=1
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