Bayside Corporation (BYSD)

[niuyuer]

Bayside Corporation Completes New Oil and Gas Lease Acquisition on the Kelsey South Field)

DALLAS, TX, May 03, 2012 (MARKETWIRE via COMTEX) -- BAYSIDE CORPORATION
(PINKSHEETS: BYSD) today announced the acquisition of a new lease on the Kelsey
South Field, located in Starr County, Texas.

The Company has acquired a new lease with 4 existing well bores in the Kelsey
South Field. The Company plans to equip the wells to test them in their current
producing zones and to re-complete in other productive zones, of which there are
4 to 5 additional ones available. Also, there are locations to be drilled on the
leases and additional leases are available to be acquired for future
development. Additional lease acquisitions are ongoing in this project.