Bayport International Holdings Inc. (OTC: EXTO) have acquired another oil gas producing interest in Nacogdoches County, Texas.
The producing royalty interest acquired is under the Star Duster No. 1 well. To date it has produced 485,182 thousand cubic feet. The operator is Sonerra Resources Corp.
According to the release, Bayport is working to diversify its focus with oil and gas acquisitions. Even though the company’s main focus will be on acquisitions of strong producing mineral and royalty interest under these oil wells, there is always a need for natural gas ...