BSH Bayshore Petroleum Corp

Bayshore Petroleum Corp. ("Bayshore" or the "Corporation") (TSX VENTURE:BSH) is
pleased to announce it has entered into a Letter of Intent ("LOI") with
International Ultrasonic Technologies Inc., a private technology company based
in Carstairs, Alberta, Canada (www.internationalultrasonics.com), which owns 9
U.S. patents and equivalent worldwide patents related to the use of ultrasonic
wave in conjunction with a catalyst to desulphurize hydrocarbons. The process
involves passing a hydrocarbon stream through an ultrasonic wave chamber with an
added proprietary catalyst to separate sulphur from the hydrocarbon in an
economic manner. The traditional method of reducing sulphur content of
hydrocarbon streams using hydrogen is expensive and energy intensive. The
patented ultrasonic wave process with catalyst is much more efficient and does
not require high temperature, high pressure or hydrogen. The patented process
has been field tested in different countries and successfully reduced sulphur
content of different processed petroleum products including natural gas liquids
(NGL), gasoline, kerosene and diesel to less than 20 parts per million, which
meets the ultra low sulphur transportation fuel standards of many countries.
Bayshore believes this technology has the potential to provide additional
benefit to its planned heavy-to-light oil cold catalytic cracking technology
worldwide, and will contribute to upgrading raw, heavy and sour crude oil
directly into light, sweet product fuel.


Under the terms of the LOI, Bayshore has until July 31, 2014 to enter into a
binding agreement to secure the exclusive license to the ultrasonic technology
in Canada. The LOI also contemplates Bayshore obtaining a 2-year option to
acquire further exclusive rights to this technology in other countries. The LOI
contemplates the execution of a formal agreement once terms and conditions are
finalized.


Bayshore is a Calgary, Alberta based corporation engaged in the technology
expansion applicable to heavy oil and other unconventional oil resources. The
Common Shares are listed on the TSX Venture Exchange under the trading symbol
"BSH".


Cautionary Statements

Statements in this press release may contain forward-looking information
including expectations of future production, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income taxes,
regulatory changes, and other components of cash flow and earnings. The reader
is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the company. These risks include, but are not limited to, the risks associated
with the mining industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bayshore Petroleum Corp.
Peter Ho
Chief Executive Officer and President
(403) 265-8820

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