Bayou Bend Reports WC332 Results
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 11, 2007) - Bayou Bend Petroleum Ltd. (TSX VENTURE:BBP) (“Bayou Bend” or “the Company”) reports that the West Cameron Block 332 #1 well, operated by Cairn Energy, USA, has been drilled to a total depth of 14,250’ MD, logged and evaluated. Wire-line log evaluation indicates non-reservoir quality silts and tight sands in the objective section. The operator is currently performing plug and abandonment operations on the wellbore.
Bayou Bend President and CEO Clint Coldren stated, “WC 332 is one of several prospects in our Gulf of Mexico portfolio we are in the process of testing this year. Unfortunately the reservoir quality at WC 332 #1 was poor, so we’ll move on and continue evaluation of our other existing projects and continue adding new ones to our inventory. With over 73,000 acres acquired to date, Bayou Bend is rapidly becoming one of the larger leaseholders in the region.”
Bayou Bend is an oil and gas production and exploration company with a focus in the Gulf of Mexico shallow water shelf area. The Company has lease interests in the State Waters of Louisiana near Marsh Island and in several Federal OCS blocks offshore Louisiana and Texas. The Company has an aggressive drilling program planned for 2007 including a minimum of 7 exploration wells.
Cautionary Statements
This document contains statements about expected or anticipated future events and financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Company’s capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.
On Behalf of the Board
Clinton W. Coldren, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Bayou Bend Petroleum Ltd.
Clinton Coldren
President
(504) 561-1151
Email: coldren@bayoubendpetroleum.com
or
Bayou Bend Petroleum Ltd.
Keith Hill
Chairman
(604) 806-3583
Email: khill@namdo.com
or
Bayou Bend Petroleum Ltd.
Sophia Shane
Corporate Development
(604) 689-7842
Email: sophias@namdo.com / info@bayoubendpetroleum.com
Website: www.bayoubendpetroleum.com