Bayou Bend Engages Houston-Based Financial Advisor

Bayou Bend has engaged Canaccord Adams Inc. in Houston, Texas as its exclusive financial advisor to assist the Company with its current review of the strategic and financial alternatives available to it.

Alternatives being considered by the Company include the sale of some or all of the Company's existing oil and gas properties and assets, or potential business combinations with other oil and gas companies.

A special committee of the Company's board has been constituted to review these alternatives and Canaccord Adams will report to the special committee.