Business
Bayside Corp. Receives Heavy Fuel Oil Purchase Orders for 1,200,000 M/T Annually
Bayside Corp. Receives Heavy Fuel Oil Purchase Orders for 1,200,000 M/T Annually.
About this update from Bayside Corp.
[{"type":"text","content":"\n\n\n\n\n\n\n\nBayside Corp. Receives Heavy Fuel Oil Purchase Orders for 1,200,000 M/T Annually\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nBayside Corp. Receives Heavy Fuel Oil Purchase Orders for 1,200,000 M/T Annually\n\nBayside Corp. receives $1,900,000,000 annual purchase order for heavy fuel oil exports\n\nPR Newswire\n\nDALLAS, July 23, 2013\n\n\n\n\n\n\n\nDALLAS, July 23, 2013 /PRNewswire/ -- Bayside Corp. (OTC: BYSD) today announced that the company has been awarded a purchase order to supply 3,600,000 Metric tons of heavy fuel oil exports annually. \n\n\nAdditionally, the order represents approximately $160,500,000 in gross revenues every month for the next thirty-six months. Heavy fuel oil exports is the first step in the company's long-term expansion plans to develop its oil and natural gas business in the international marketplace. \n\n\n\nGordon Johnson, Chairman of Bayside Corp., was quoted saying, \"we are thrilled to expand our revenue base with international heavy fuel oil export orders.\" Furthermore, the contractual finalization of the purchase orders and the heavy fuel oil exports is expected to be completed within the next 30 days.\n\n\n\nAbout Bayside\n\n\n\nBayside Corporation is an energy exploration, development and production company building oil & gas reserves and production in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'marginal' oil & gas wells located in the thousands of mature oil & gas producing fields across much of the United States.\n\n\nFor additional information on the Company visit our website at: http://baysidepetroleum.com/\n\n\n\nSafe Harbor Statement \n\n\nThis press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform A...