Bayou City Exploration Company News

Bayou City Exploration, Inc. announced that Robert. D. Burr, the current chairman of the Company, has been named the new President and Chief Executive Officer on an interim basis.

Bayou City Exploration, Inc. said that it has completed its lease acquisition program in the McAllen West Prospect and now controls 875.0 acres, more or less, in the McCampbell Field area of Aransas County, Texas.

Petro Resources Corporation on Thursday announced recent results of its several exploration and drilling programs.

Bayou City Exploration, Inc. said that it has commenced operations on its Walker Louisiana Properties 18-1 Well located in its Zodiac II Prospect, Calcasieu Parish Louisiana.

Bayou City Exploration, Inc. said that its Mclean #1 well, a re-entry of an existing well bore in Live Oak County, Texas, has reached total depth as planned and without incident.

True North Energy Corp., a junior energy exploration company, said that the Arco McLean No. 1 Well Re-entry reached target depth of 12,490 feet on July 21, 2006.

Bayou City Exploration, Inc. announced that Robert Kelley, its COO and senior vice president, has decided to step down. His resignation is effective July 25.

True North Energy Corp., a junior oil and gas exploration company, has entered into a three-well participation agreements with Bayou City Exploration. Bayou City is acting as an operator on all of the wells.

Bayou City Exploration reported the successful production test results on its first well (Hilda Henry #1) in Jefferson Davis Parish, LA.

Falcon Natural Gas reports that the first well is successful in its multiple prospect project in Jeff David Parish, Louisiana, reaching a total depth on January 9, 2006 and has been cased for completion.

Falcon Natural Gas, with Bayou City Exploration, has begun the first well of their planned drilling project located in Live Oak County, 12 miles southwest of George West, Texas.

Falcon Natural Gas, with Bayou City Exploration has begun the first well in their planned drilling project.

Petro Resources has been informed by River Oil & Gas that it has acquired an additional 7,000 gross acres subject to its option rights in the Piceance Basin Dakota Sandstone Prospect in northwestern Colorado.

Falcon Natural Gas has signed drilling contracts with Blue Ridge Group and Bayou City Exploration to purchase working interest in BRG's and BCE's oil and gas prospects.

Bayou City Exploration has leased an additional 964 gross acres in its Live Oak Prospect area in Live Oak County, Texas. The addition increases the Company's Live Oak Prospect area to 3,734 gross acres.