Bayside Corporation Names New Chief Executive Officer
Dallas, TX-Bayside Corp. (BYSD.PK) is pleased to announce the appointment of Darren Toomer as the companies new Chief Executive Officer (CEO). Mr. Toomer brings a wealth of experience in exploitation, production operations and asset management in the oil and gas industry.
Mr. Toomer will be replacing former CEO Gordon Johnson, who will still continue to serve as Chairman of the Board for Bayside Corp. The new appointment comes as part of a mandate set forth by the company’s Board of Directors to aggressively expand the business of the company into new energy and resource-based sectors.
Gordon Johnson, Chairman of the Board, stated, “ We are extremely excited to have Mr. Toomer as the company’s new CEO. His passion and vigor will help to fuel the company’s efforts to create new and diversified revenue streams, while also increasing shareholder equity”.
About Bayside
Bayside 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.
For additional information on the Company visit our website at: http://baysidepetroleum.com/
This 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 Act of 1995. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. Important factors that could cause actual results to differ from those projected, are decreases in oil and gas prices or decreases in oil and gas production. The company's actual results could differ materially from those discussed herein. 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 .
