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http://bcmenergy.com/
January 26, 2012 08:30 AM Eastern Time 

BCM Production and Reserve Quarterly Update

NEW ORLEANS--(BUSINESS WIRE)--BCM Energy Partners, Inc., (OTC: BCME), through its subsidiary, BCM Energy Louisiana, LLC, sold 3,087 barrels of oil from field operations during the quarter ending December 31, 2011. Year to date (YTD), BCME has sold 11,697 barrels of oil from field operations.

An amendment to BCM’s Nov. 9th press release regarding YTD production is as follows: The Nov. 9th release mistakenly cited 13,194 BPO as the YTD production figures. 13,194 BPO is the total production volume from July 2010 to Sept. 2011. As stated above, the year to date production for 2011 is 11,697 BPO.

University Field is a producing oil field in East Baton Rouge parish, LA comprised of approximately 300 gross acres with 19 wells in-field, of which most are workover candidates. Management has identified at least one proven undeveloped drilling location, with plans to begin drilling in early 2012. Current reserve estimates indicate over $12,800,000 in proven reserves and an additional $27,000,000 in probable reserves.

About BCM Energy Partners, Inc.

BCM Energy Partners acquires distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.

Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

Contacts

BCM Energy Partners, Inc.
Investor Relations
Alex Champagne, 504-264-5160
IR@bcmenergy.com
Fax: 504-524-8662

http://bcmenergy.com/

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BCM Energy Partners, Inc. RSS feed for BCM Energy Partners, Inc.

NQB:BCME

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