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Bayside Corporation Strikes Oil Field Deal with C Trade Group
Bayside Corporation Strikes Oil Field Deal with C Trade Group
January 24, 2012 Oil / Energy news in Dallas/Fort Worth,Texas, United States of America
Bayside Corporation to receive $1.5 million for 13 well rework project
FOR IMMEDIATE RELEASE
Dallas/Fort Worth,
Texas,
United States of America
(Free-Press-Release.com) January 24, 2012 --
PRESS RELEASE – IMMEDIATE
24 January 2012
BAYSIDE CORPORATION STRIKES OIL FIELD FINANCING DEAL WITH C TRADE GROUP
DALLAS, TX. BAYSIDE CORPORATION (BYSD:OTC) has reached a financing agreement with C. Trade Group with the assistance of Green Mountain Development Corp. (GMND:PK) for funding up to an initial amount of $1.5 million. These funds are for the rework and recompletion of thirteen oil wells owned by Bayside in south Texas. The plan also calls for the drilling of at least two new oil wells on Bayside Corporation property.
We are very grateful for C. Trade Groups important commitment and for Green Mountain Development Corporations assistance.” Said Gordon Johnson, CEO of Bayside Corporation.
Bayside Corporation expects to begin this specific work in the very near term and is pleased to help America move closer to energy independence.
MEDIA CONTACT: Ron Irwin eMail: drcommunicator@gmail.com Tel: 310-908-0889
Statements contained herein, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, demand and acceptance of new or existing businesses, capital resources and future financial results are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information. The company takes no obligation to update or correct forward-looking statements.

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