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.
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