Bayport International Holdings Inc. (BAYP)

Overview

Bayport International Holdings, Inc., founded in 2004 and headquartered in Dallas, Texas, is primarily engaged in the acquisition and mining of oil and gas properties across the United States. Initially established under the name Exit Only, Inc., the company underwent a rebranding in 2012 to become Bayport International Holdings, Inc. Its business operations extend beyond oil and gas to encompass the acquisition and exploitation of mining properties, putting a strong emphasis on precious metals, rare earth elements, and other metals. Over the years, Bayport has expanded its portfolio to hold interests in a variety of oil and gas properties as well as engaging in the mining sectors, making it a versatile player in the natural resources market.

Products and Services

Bayport International Holdings, Inc. offers a diverse range of products and services, including:

• Oil and Gas Acquisition and Mining: The company specializes in the exploration, acquisition, and operation of oil and gas properties. Notable assets include the Wayne Prospect in Wayne County, West Virginia, and the Brown Well lease in Macintosh County, Oklahoma. These projects underscore Bayport's commitment to developing valuable energy resources.
• Precious Metals and Rare Earth Elements: Apart from fossil fuels, Bayport is actively involved in the mining and exploration of precious metals and rare earth elements. This diversifies its portfolio and taps into the growing demand for these critical raw materials.
• Leasehold Interests: The company holds leasehold interests in several key locations, including the Steffelbeam lease in Forrest County, Pennsylvania, and the Milford lease in Forest County, Pennsylvania. Additionally, Bayport owns interests in wells located within Gaines County, Texas, further solidifying its presence in the energy sector.