VANCOUVER, BRITISH COLUMBIA–(Marketwire - May 27, 2008) - Bayou Bend Petroleum Ltd. (TSX VENTURE:BBP) (“Bayou Bend” or “the Company”) is pleased to announce that it has committed to Hercules for their rig #49 to drill the Haystack Prospect in the State Waters of Louisiana in the Company’s Marsh Island Project Area.

This is the first operated well by Bayou Bend in the Marsh Island Project Area in 2008, with an anticipated spud date by mid June. The Company has a 35.5809% working interest in the well.

The Haystack Prospect is located on SL #19149 and is a stratigraphic trap in the locally productive Tex W section in Block EI 2 of the Marsh Island Area. The play represents a possible extension of the single well, EI2 Tex W Field that has produced from a smaller structural-stratigraphic combination trap at the objective sand. The prospect will be tested with a deviated well to a depth of 10,800’TVD.

The Marsh Island Project Area comprises a quality portfolio of gas/condensate assets onshore/offshore in the Gulf of Mexico, which also includes a 40 MMcfgpd production facility that this well will be tied into if successful.

Mr. Clinton Coldren, President of Bayou Bend, commented, “Since completion of our six month Seismic Super Merge Project of four data sets in this area we are anxious to re-establish drilling activity in Marsh Island. This exploration prospect is the first of 3 wells that we will operate in this project area.”

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 Bayou Bend Petroleum Ltd.
Clinton Coldren
President
(504) 561-1151
Email: coldren@bayoubendpetroleum.com

or

Bayou Bend Petroleum Ltd.
Keith Hill
Chairman
(604) 689-7842
Email: khill@namdo.com

or

Bayou Bend Petroleum Ltd.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
Email: sophias@namdo.com
Website: www.bayoubendpetroleum.com