SOURCE: Bayside Petroleum Company, Inc.

February 19, 2009 14:27 ET

Bayside Petroleum Company, Inc. Launches New Corporate Website

DALLAS, TX--(Marketwire - February 19, 2009) - BAYSIDE PETROLEUM COMPANY, INC. (PINKSHEETS: BYSD) is pleased to announce the launch of its official corporate website, which may be accessed at www.baysidepetroleum.com, and to also announce that the Company's common shares trade on the NASDAQ Pink Sheets under the trading symbol BYSD.

BAYSIDE... Poised for Growth

Dallas-based Bayside Petroleum Company, Inc. is an aggressively managed energy exploration, development and production company in the process of building oil & gas reserves and production in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the profitable business of reworking 'marginal' oil & gas wells. The Company's management team has a proven record of success in the industry, and intends to foster rapid corporate growth through its ability to identify, acquire interests in, and rework oilfields that offer exceptionally attractive risk/reward parameters for oil production optimization. To read more about the Company's activities, its management, and its various oil & gas projects, as well as extensive information regarding the industry niche on which Bayside focuses its efforts, please visit our new website at www.baysidepetroleum.com

A PROFITABLE INDUSTRY NICHE

The reworking of 'marginal' oil & gas wells is a niche sector that offers extraordinary growth potential for industry specialists like Bayside. Thousands of mature oil and gas fields across the lower 48 states encompass hundreds of thousands of marginal wells, commonly referred to as 'stripper' or 'marginal' wells, i.e. wells that produce less than 15 barrels per day of crude oil. Few lay persons realize the importance of these wells and their significance to domestic crude oil supplies. Marginal wells produced more than 335 million barrels of oil in the United States in 2006. That's nearly two thirds as much as the United States imports annually from Saudi Arabia!

"With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."

Barry Russell
President and CEO of the Independent Petroleum Association of America

In compliance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Bayside Petroleum Company, Inc. notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, Bayside wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the Company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future.

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