Biloxi Marsh Lands Corporation
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 Biloxi Marsh Lands Corporation
One Galleria Blvd., Suite #902
Metairie, Louisiana 70001
Phone: (504) 837-4337
Fax: (504) 837-1889

Metairie, Louisiana – December 6, 2011 - During its meeting held today the Board of Directors of Biloxi Marsh Lands Corporation (Pink Sheets: BLMC) declared a dividend of $.55 per outstanding share of common stock payable on Wednesday, December 28, 2011 to shareholders of record at the close of business on Wednesday, December 14, 2011.

Contact: Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337
csbiloxi@bellsouth.net

     Metairie, LA., October 28, 2011 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter and first nine months of 2011 and provides update. The Company’s direct net oil and gas revenues generated from its fee lands were $307,632 for the third quarter of 2011 compared to $439,453 for the third quarter of 2010. For the first nine months direct oil and gas revenues increased to $1,176,421 from $1,085,389 for the same period of 2010. During the third quarter, revenues from Dividends and Interest, Gain on Sale of Securities and Miscellaneous Income decreased to $135,198 from $183,490 for the third quarter of 2010. Meanwhile, for the first nine months of 2011 Dividends and Interest, Gain on Sale of Securities and Miscellaneous Income increased to $833,288 from $370,704 for the first nine months of 2010.

     During the third quarter, the Company incurred a loss of $687,747 emanating from partnership income which represents the Company’s investment in B&L Exploration, LLC (B&L). This compares to a net gain of $53,056 in the same category for the third quarter of 2010. The loss emanating from the Company’s investment in B&L is directly related to B&L drilling four wells during the second and third quarters 2011 and completion cost related to three of these four wells. As previously reported, this means that three wells are being or have been completed as commercial oil and gas wells and one well was plugged and abandoned as a dry-hole. It is important to note that a major component of the $2,462,807 loss reported for the first nine months of 2011 includes $1,000,451 in Depreciation, Depletion and Amortization.      

The Company’s operating expenses for the third quarter of 2011 were reduced to $195,300 compared to $225,694 for the same period of 2010. The Company had a net loss of $175,299 or $.06 per share for the third quarter of 2011 compared to a profit of $315,241 or $.11 per share for the same period of 2010. For the first nine months of 2011 the company’s net loss was $746,189 or $.27 per share compared to a net profit of $551,790 or $.20 per share for the first nine months of 2010.      

As of September 30, 2011 the combined gross daily production rate from 4 wells operated by the Company's mineral Lessees was approximately 7.04 mmcf of natural gas with net daily production accruing to the Company of approximately 947 mcf. Combining this daily production with the Company's proportional share of the daily production from the B&L Exploration, LLC (B&L) wells makes the total net daily production accruing to the Company as of September 30, 2011 approximately 3.8 mmcfe (million cubic feet of natural gas equivalents) per day.

     B&L was very active during the first nine months of 2011, as previously reported B&L participated in the drilling of four wells during the second and third quarters with three being completed as commercial oil and gas wells. As of the date of this report only the Harry Bourg No. 1 well has been placed on production, while the SL 19076 No. 1 Well and the Continental Land & Fur (CL&F) No. 1 Well have been successfully flow tested, and are awaiting facility construction and hook up.

     B&L placed its Harry Bourg Corporation No. 1 Well on production on September 13, 2011. Initial production rates from this well were approximately 2.0 mmcfg/day on 10.5/64th choke with a flowing tubing pressure (FTP) of approximately 3,840psi. The condensate yield is approximately 120 bbls per 1.0 mmcfg. B&L is the Operator of the Harry Bourg No. 1 well and currently has a 28% working interest.

     On September 24th and 25th Clayton William Energy (CWE), the Operator of the SL 19076 No. 1 Well, successfully flow tested the lower three sand intervals. During the flow tests all three intervals produced natural gas and natural gas liquids with very little draw pressure down indicating that all three zones are commercial. As previously reported, electric logs indicate approximately 220 net feet of pay in 7 different sand intervals. The upper 4 pay zones will be perforated and flow tested at a later date. CWI advises that the well should be placed on production from the lower zone during late December 2011 or early January 2012. B&L currently has a 15% non-operating working interest in this well.

     The CL&F No. 1 Well was flow tested on September 27th. This well is operated by Forza Operating Company (Forza). Electric Logs indicated approximately 8’ of pay with sidewall cores indicating condensate. During the flow test, this well flowed at a sustained rate of 1.5 mmcfg/day, 140 bbls of natural gas liquids and no water production with a FTP of 7360psi on 7/64th choke. Forza estimates that this well will be placed on production during the first Quarter of 2011. B&L has a 9.375% non-operating working interest in this well.

     As of October 16, 2011 the combined gross daily production rate from 6 wells in which B&L has a working interest was approximately 12.4 mmcf of natural gas and 338 barrels (bbls) of oil and natural gas liquids with net daily production accruing to B&L of approximately 2.7 mmcfg and 66 bbls of oil and natural gas liquids. Combining this daily production with the Company's proportional share of the daily production from the B&L wells makes the total net daily production accruing to the Company as of October 16, 2011 approximately 4.1 mmcfe (million cubic feet of natural gas equivalents) per day.

     B&L was organized as a limited liability company (LLC) under the laws of Louisiana in July of 2006. B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes. B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

     Meanwhile, Biloxi’s consulting staff continues to work on the development of additional prospects on our fee lands. Despite the relatively low natural gas pricing environment, we continue to actively market our deep Tuscaloosa prospects and have reprocessed a small area of 3D seismic data in the Company’s possession. This reprocessing has yielded several relatively shallow geophysical leads which we hope, after more work, will be considered viable prospects to drill.

     William B. Rudolf, President and CEO, commented: “While we continue to work on refining our fee based land prospects through seismic reprocessing, geological and geophysical interpretation, we are pleased with the initial flow rates of B&L’s Harry Bourg No. 1 well. This well’s high condensate yield is notable. We are also pleased with the results of the flow tests on B&L’s SL 19076 No. 1 and the CL&F No. 1 wells. The SL 19076 No. 1 represents a fairly significant discovery for B&L and should, along with the other recent discoveries, be additive from both a proved reserve and revenue perspective. B&L’s diversification into different geographic areas within southern Louisiana with oil/condensate production should help us during this period of relatively low natural gas prices compared to oil prices. For an entity in its infancy, B&L has performed well allowing the Company to transform from a self-liquidating mode into a growth mode. The tax efficiencies created by our investment in B&L combined with its diversified production are additional benefits and create an opportunity to continue B&L’s drilling program during 2012.”

     The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements including President’s Report to Shareholders, and general information about the Company. Complete and updated contact information is available on the Company’s website: www.biloximarshlandscorp.com .

     Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. As the landowner, it derives the vast majority of its revenue from oil and gas exploration and production activities that take place on or near the Company’s land as well as its proportional share of revenue generated by B&L Exploration, LLC. The Company also derives minimal revenues from surface rentals.

     This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves. Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments. The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report. Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. The factors described above cannot be controlled by the Company. When used in this report, the words “indicates”, “approximate”, “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

     The following “Statements of Assets, Liabilities and Stockholders’ Equity” and “Statement of Revenues and Expenses and Retained Earnings” have been derived from an interim un-audited financial statement which does not include the information and footnotes that are an integral part of a complete financial statement.

Contact:

Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337  

     Metairie, LA – September 14, 2011 – During its meeting held on Tuesday, September 13, 2011 the Board of Directors of Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) re-authorized the purchase of up to 27,500 shares of its outstanding common stock.  The purchases will be made from time to time on the open market at the sole discretion of the Company.  All shares purchased will be held as Treasury stock.

     The Company previously announced a stock buyback program in September 2008.  This buyback program authorized the purchase of 27,500 shares of its common stock of which 13,000 shares were purchased.

     Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana.  As the landowner, it derives revenues from oil and gas exploration and production activities that take place on or near the company’s land.  The company also derives revenues from its ownership interest in B&L Exploration, LLC and minimal revenues from surface rentals.

     The Company maintains a website; www.biloximarshlandscorp.com and strongly recommends that all investors and interested parties visit the website to view historical press releases, historical financial statements and general information. 

     This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves.  Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments.  The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report.  Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards.  Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company.  Each such statement speaks only as of the day it was made.  The factors described above cannot be controlled by the Company.  When used in this report, the words “believes”, “estimates”, “plans”, “expects”, “should”, “hopeful”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

Contact:
                        Biloxi Marsh Lands Corporation, Metairie
                        Colleen Starks, 504-837-4337
                        Email:  csbiloxi@bellsouth.net

     Metairie, LA., August 12, 2011 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the second quarter and first six months of 2011 and provides update.  The Company’s direct oil and gas revenues produced from its fee lands for the second quarter of 2011 increased to $379,255 from $333,036 during the second quarter of 2010.  For the first six months direct oil and gas revenue increased to $868,789 from $645,936 for the same period of 2010.  Meanwhile, during the second quarter revenues from Dividends and Interest, Gain on Sale of Securities and Miscellaneous Income increased to $567,014 from $51,811 for the second quarter of 2010.  The main component of this increase was a $498,007 gain realized from the sale of investment securities.  For the first six months of 2011 Dividends and Interest, Gain on Sale of Securities and Miscellaneous Income increased to $698,090 from $187,214 for the first six months of 2010.  The Company’s total direct revenues increased for the second quarter of 2011 to $946,269 from $384,847 for the second quarter of 2010, while for the first six months of 2011 direct revenues increased to $1,566,879 from $833,150 for the same period of 2010.   

    Meanwhile the Company incurred a loss of ($1,825,816) emanating from partnership income which represents the Company’s investment in B&L Exploration, LLC (B&L). This compares to a net gain of $29,182 in the same category during the second quarter of 2010. The loss emanating from the Company’s investment in B&L is directly related to B&L drilling four wells during second and third quarters, related prepayment of Q3 drilling costs, completing the LL&E No. 1 well, and performing work-over operations on the Gautreaux No. 1 well. For the first six months of 2011 partnership income was ($1,775,060) including $374,913 in Depreciation, Depletion and Amortization compared to income of $26,565 in the same category for the first six months of 2010. This reduction in partnership income for the first six months of 2011 was mainly due to the reasons set forth above and expenses related to completing and building infrastructure for the wells successfully drilled during Q3 and Q4 of 2010. It should be noted that despite the Gautreaux No. 1 Well experiencing apparent mechanical difficulties and being off production, B&L’s revenues increased 15% during the first half of 2011 compared to the first half of 2010. Due to prudent management of B&L’s treasury and its cash flows, management has been able to undertake all of the foregoing activity without utilizing any of B&L’s revolving credit facility.

    The Company’s operating expenses for the second quarter of 2011 were $271,884 compared to operating expenses of $268,201 for the same period of 2010.  Due to the carry through of B&L’s operational expenses, the Company showed a net loss of ($570,890) or ($.21) per share for the first half of 2011 compared to a profit of $236,576 or $.09 per share for the same period of 2010.

    As of June 30, 2011 the combined gross daily production rate from 4 wells operated by the Company's mineral Lessees was approximately 8.1 million mmcf of natural gas with net daily production accruing to the Company of approximately 1.1 mmcf.  Combining this daily production with the Company's proportional share of the daily production from the B&L Exploration, LLC (B&L) wells makes the total net daily production accruing to the Company as of June 30, 2011 approximately 3.5 mmcfe (million cubic feet of natural gas equivalents) per day.

    B&L Exploration, LLC (B&L), a partially owned subsidiary of the Company, placed its LL&E #1 on production in June of 2011.  B&L was very active in 2011, participating in the drilling of 4 additional wells during the second and third quarters.  B&L also acquired additional interest in a buyout of the Operator of the Lake Eugenie Land & Development #1 well.  As a result of this buyout B&L assumed Operations of this well.  As of the time of the press release, B&L is the Operator of 6 wells in coastal Louisiana.  This represents a significant change in B&L business model.  Being the designated Operator gives B&L control over operations and finances of each well which give it an added advantage.

 We are pleased to announce that three of these four wells mentioned in the foregoing paragraph are being completed as commercial oil and gas wells with one being plugged and abandoned as a dry-hole. The following lists the results of B&L’s recent drilling program in the chronological order by which the wells were logged. 

    SL 20413 No. 1 well, operated by Manti Operating Company, was logged on May 9, 2011.  This well encountered sand in the expected intervals.  Unfortunately, hydrocarbons were not trapped in the sand intervals and the well was plugged and abandoned as a dry-hole.  B&L had a 25% non-operated working interest in this well.

    The next well logged was the SL 19076 No. 1.  This well is operated by Clayton Williams Energy, Inc. (CWE) and electric logs were run on June 13, 2011.  Electric logs indicate approximately 220 net feet of pay in 7 different sand intervals.  No sidewall cores were obtained, but the electric log indicates significant natural gas and oil pay sands.  B&L has a 15% non-operated working interest in this well.  CWE advises that this well should be placed on production during Q4 of 2011 or Q1 of 2012.

    On June 22, 2011 the Harry Bourg No. 1 well was logged.  This well is operated by B&L.  Electric logs indicate approximately 34 net feet of apparent natural gas pay in one sand interval with another 8 net feet of probable natural gas pay.  B&L has a 28% working interest in this well.  B&L hopes to have this well on production by mid-September of 2011.

    The Continental Land & Fur (CL&F) No. 1 Well was logged on July 23, 2011.  This well is operated by Forza Operating Company.  Electric Logs indicate approximately 8’ of pay with sidewall cores indicating condensate.  Due to the potential of high condensate yields the Operator recommended completing this well.  B&L has a 9.375% non-operated working interest in this well.  As of this time, we do not have an estimate concerning the commencement of production.

    B&L was organized as a limited liability company (LLC) under the laws of Louisiana in July of 2006.  B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes.  B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

    Meanwhile, Biloxi’s consulting staff continues to work on development of additional prospects on our fee lands.  We are actively marketing our deep Tuscaloosa prospects and have reprocessed a small area of 3D seismic data in the Company’s possession.  This reprocessing has yielded several relatively shallow geophysical leads which we hope, after more work, will be considered viable prospects to drill. 

    William B. Rudolf, President and CEO, commented: “We are pleased with the results of the small area of 3D which we reprocessed.  We are hopeful that the geophysical leads developed will someday lead to additional shallow wells drilled on our fee lands.  Though we have only just begun to market the Tuscaloosa project to industry, we are pleased with the initial interest shown in our project.  We continue to refine the geological and geophysical aspects of the Tuscaloosa project and intend to commence a strong marketing effort during the latter part of 2011 and early 2012.  Meanwhile, we continue to be pleased with the results of B&L drilling program and are particularly pleased with the SL 19076 No. 1 Well which appears to be a fairly significant discovery.”

    The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements including President’s Report to Shareholders, and general information about the Company.  Complete and updated contact information is available on the Company’s website: www.biloximarshlandscorp.com .
                                     
    Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana.  As the landowner, it derives the vast majority of its revenue from oil and gas exploration and production activities that take place on or near the Company’s land as well as its proportional share of revenue generated by B&L Exploration, LLC.  The Company also derives minimal revenues from surface rentals. 

    This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves.  Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments.  The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report.  Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards.  Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company.  Each such statement speaks only as of the day it was made.  The factors described above cannot be controlled by the Company.  When used in this report, the words “indicates”, “approximate”, “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

  The following “Statements of Assets, Liabilities and Stockholders’ Equity” and “Statement of Revenues and Expenses and Retained Earnings” have been derived from an interim un-audited financial statement which does not include the information and footnotes that are an integral part of a complete financial statement.

Contact:
Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337

     Metairie, LA., May 12, 2011 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) today announces its unaudited results for the first quarter of 2011 and provides update. Total revenue for the three months ending March 31, 2011 was $671,366 compared to $445,686 for the first quarter of 2010. For the first quarter total revenue includes income of $50,756 emanating from partnership income which represents the Company’s interest in B&L Exploration, LLC (B&L) compared to a loss of $2,617 in the same category for the first quarter of 2010. During the first quarter of 2011 we incurred a cumulative gain from the sale of investment securities in the amount of $55,415 as compared to a cumulative gain from the sale of investment securities of $57,350 for the same period in 2010. Meanwhile for the quarter, total expenses were $301,976 compared to $253,549 for the prior year. For the first quarter of 2011, net earnings increased to $269,655 or $0.10 per share from $134,496 or $0.05 per share for the same period of 2010.

     As of April 15, 2011 the combined gross daily production rate from 6 wells operated by the Company's mineral lessees was approximately 11.6 million cubic feet (mmcf) of natural gas with net daily production accruing to the Company of approximately 1.6 mmcf. Combining the 6 wells operated by the Company's mineral lessees with the BLMC’s interest in the B&L wells, the total combined daily production accruing to BLMC (from B&L and Lessee wells) as of April 15, 2011 was approximately 3.9 mmcfe (natural gas equivalents 15:1 oil to gas ratio) per day.

     B&L Exploration, LLC (B&L), a partially owned subsidiary of the Company, placed its Gautreaux #1 well on production as of April 1, 2011. Meanwhile, the operator of the LL&E #1 continues to plan completion operations and hopes to have this well on production during the first half of 2011. B&L is scheduled to participate in drilling of additional wells during the second and third quarter of 2011.

     B&L was organized as a limited liability company (LLC) under the laws of Louisiana in July of 2006. B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes. B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

     William B. Rudolf, President and CEO, commented: “During 2011, we intend to focus on the development of prospects on our property as well as diligently prosecuting B&L’s drilling program. With the current wells scheduled to be drilled, we are hopeful that the drilling program will add to B&L reserves.”

     The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements, and other relevant information.

     Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. As the landowner, it derives revenues from oil and gas exploration and production activities that take place on or near the company’s land. The company also derives revenues from its ownership interest in B&L Exploration, LLC and minimal revenues from surface rentals.

     This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves. Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments. The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report. Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. The factors described above cannot be controlled by the Company. When used in this report, the words “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

     The following “Statements of Assets, Liabilities and Stockholders’ Equity” and “Statement of Revenues and Expenses and Retained Earnings” have been derived from an interim un-audited financial statement which does not include the information and footnotes that are an integral part of a complete financial statement.

Contact:
Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337

    Metairie, LA., March 4, 2011 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) announces results for the periods ending December 31, 2010 and provides update.  Total revenue for the year ending December 31, 2010 was $7,069,909 compared to total revenue of $23,008,898 in 2009.  The annual revenue breakdown is as follows: 2010 revenue from oil and gas activity was $7,030,933 compared to revenue of $22,041,872 in 2009.  $5,205,463 in revenue categorized as Settlement Proceeds emanate from the settlement of all cases involving disputed ownership of water-bottoms between the Company and the State of Louisiana.  It should be noted that revenues received as the result of the settlements are onetime, non-recurring revenue items.  The non-recurring settlement revenues were $5,205,463 in 2010 and $24,215,176 in 2009.  During 2010, total revenues included a $764,019 loss emanating from the Gain (Loss) from Investment in Partnership category which represents the Company's investment in B&L Exploration, LLC (B&L).  This compares to a loss of $2,615,703 in the same category for the prior year.  B&L was able to expense Depreciation, Depletion, and Amortization.  BLMC’s share of these expenses was $733,934 for 2010 and $855,599 for 2009.  Dividend and interest income for 2010 was $327,475, compared to $362,442 for 2009.  In 2010 we realized a cumulative gain from the sale of investment securities of $218,149 compared to a cumulative gain in the amount of $122,461 in 2009.  Meanwhile, expenses for the year totaled $1,649,451 compared to $2,139,318 for the prior year.  For the year, net earnings were $3,934,262 or $1.44 per share compared to $13,722,625 or $5.00 per share in 2009.

    The Company previously announced that all cases involving disputed water-bottoms between the Company and the State of Louisiana had reached an amicable settlement.  The settlement does not involve resolving the issue of ownership of the disputed water-bottoms, it simply involves the sharing of past and future revenues emanating from each production unit which contained disputed water-bottoms.  The Company maintains its claim to all of its titled acreage including any and all water-bottoms in dispute and will take all legal actions to protect its title.  These settlement agreements have resulted in the dismissal of all litigation between the settling parties.  In accordance with the settlement agreements, the Company received a onetime non-recurring settlement payment of $5,205,463.  Also, under the terms and provisions of the settlement the Company and the State will share future revenues from production emanating from the production units which were the subject of the litigation.

    The Meridian Resource Exploration, LLC recompleted the Biloxi Marsh Lands 1-2 well which returned to production during July of 2010.  This well is located on the Company’s property.  Meanwhile, B&L had three new wells placed on production during the year.  The SL 19061 #1 well located in St. Bernard Parish, Louisiana and operated by B&L, was placed on production in January of 2010.  B&L has a 41.875% working interest in the SL 19061 #1.  The Delacroix #41ST and the SL 1212 #1 wells located in Point A La Hache Field in Plaquemines Parish, Louisiana in which B&L has non-operated working interests were placed on production during 2010.  B&L has a 25% working interest in each of these wells with the Delacroix #41ST being placed on production during February and the SL 1212 #1 being placed on production during June of 2010.

    As of December 31, 2010 the combined gross daily production rate from 5 wells operated by the Company's mineral Lessees was approximately 11.0 million cubic feet (mmcf) of natural gas with net daily production accruing to the Company of approximately 1.6 mmcf.  As of December 31, 2010, B&L’s net daily production was approximately 3.0 million cubic feet of natural gas equivalents (mmcfge) (15:1 oil to gas ratio) compared to approximately .782 mmcfge per day on December 31, 2009.  Combining this daily production with the Company's proportional share of the daily production from the B&L wells makes the total net daily production accruing to the Company as of December 31, 2010 approximately 4.02 mmcf per day compared to 1.3 mmcfge on December 31, 2009.

    During the fourth quarter of 2010 B&L successfully drilled and completed the Gautreaux #1 well located in Vermillion Parish, Louisiana.  This well was completed in the Planulina Reservoir “B” sand.  On October 31, 2010 during a twenty-four (24) hour flow test the well flowed at a sustained rate of approximately 3.1 mmcfg per day and approximately 20 bbls of oil per day with flowing tube pressure averaging approximately 3,425 psi with little or no pressure draw down.  B&L is the current Operator of this well.  Production facilities are completed and flowlines constructed.  We are awaiting tie into an existing El Paso/Tennessee Gas sales pipeline tap.  We anticipate that this well should be placed on production by the end of April 2011.  B&L has a 41.875% working interest in this well.  Additionally, during the fourth quarter of 2010 B&L participated in non-operated working interest basis in the LL&E #1 well located in Terrebonne Parish, Louisiana.  On November 8, 2010 electric logs were run indicating apparent pay sands in 5 separate intervals.  This well is operated by Gulf South Operators Inc. and is currently being completed and fully evaluated.  We will provide updates on LL&E #1 well as they become available.  According to the Operator this well should be place on production by June of 2011.

    The end of the year proved reserve study commissioned by the Company and completed by T. J. Smith & Company, Inc., an independent reservoir engineer, estimates that as of December 31, 2010 the BLMC’s “Developed Producing” (PDP) reserves were 1.65 billion cubic feet (BCF) of natural gas and estimates that the “Developed Non-Producing” (PDNP) reserves were .642 BCF, totaling 2.29 BCF of estimated proved natural gas reserves.  This represents an increase in our fee based land reserves of approximately .34 BCF.  Additionally, this reserve study estimates that slightly more than 25% of the proved reserves will deplete by the end of 2011.  In addition to the foregoing estimated proved reserves, another reserve study completed by the same independent reservoir engineer estimates that B&L’s proved reserves as of December 31, 2010 were 2.3 billion cubic feet (BCF) of natural gas and 25 thousand barrels of oil (MBBL) compared to 2.2 BCF and 27 thousand barrels of oil (MBBL) at the end of 2009.  Based upon the Company’s proportional ownership in the B&L wells, as of December 31, 2010 the portion of the estimated reserves allocated to the Company was approximately 1.61 BCF of natural gas and 22.5 MBBL of oil.  Combining the Company’s portion of the proved reserves in both studies makes the estimated proved reserves accruing to the Company to approximately 3.7 BCF of natural gas and 22.5 MBBL of oil, equating to approximately 4.01 BCFE or natural gas equivalents (15:1 ratio).  This compares to total proved reserves allocated to the Company as December 31, 2009 of approximately 4.08 BCFE (15:1 ratio).  The proved reserve studies referenced above include explanatory notes that are an integral part of each study.  A copy of the 2011 President’s Report to Shareholders that includes these notes will be available on the Company’s website after March 30, 2011.  We recommend that all interested parties refer to our website to view these notes and other relevant information: www.biloximarshlandscorp.com .

    B&L was organized as a limited liability Company (LLC) under the laws of Louisiana in July of 2006.  B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes.  B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

    Four years ago, the Company returned to its custom of paying one dividend per calendar year.  During its meeting held on December 14, 2010, the Board of Directors declared a $1.25 per share dividend payable on Thursday, December 30, 2010 to shareholders of record as of the close of business on Friday, December 24, 2010.  This represents a total cash dividend payment of $3,426,785 or $1.25 per share.  Since 2002, the Company has paid slightly more than $50,000,000 in total dividends.  With our fee land based production depleting and no new wells being drilling on our fee lands as of this time, it will be difficult to maintain the level of dividends paid since 2002.  With this said, using 3D seismic data in our possession, we are constantly working on developing the minerals located below our fee lands.  Meanwhile, we are focusing on developing reserves outside of our fee acreage position through our investment in B&L.  B&L in its current infancy stage as a startup exploration Company should not be viewed as a dividend producing entity. 

    William B. Rudolf, President and CEO, commented: “We are pleased with the results of B&L’s drilling program.  Our increased daily production and accompanying increased revenues are of particular importance.  With three new wells placed on production during 2010 and two new discovery wells awaiting placement on production, last year represented a good year for B&L.  We plan to continue B&L’s drilling program and have three additional wells scheduled to be drilled during 2011 and are evaluating additional prospects.  Meanwhile, we continue to work on developing both shallow and deep prospects on the Company’s property.  We are particularly focused on our deep Tuscaloosa Project.  Using 3D seismic data in our possession, our technical team has identified several massive structures that could yield significant natural gas and condensate reserves.  There is no guarantee that we will be successful in developing our Tuscaloosa Project or if Tuscaloosa wells will ever be drilled resulting in discoveries, but we are fully committed and will continue our efforts to attract partners interested in this Project.  With the difficulties that companies are experiencing in obtaining drilling permits in federal waters of the Gulf of Mexico combined with the turmoil in the Middle East, now appears to be the time for companies with vision to invest in onshore exploration for deep natural gas.”  

    The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements including President’s Report to Shareholders and general information about the Company.  During January 2008 we moved our office to One Galleria Blvd., Suite #902.  Complete and updated contact information is available on the Company’s website: www.biloximarshlandscorp.com .

    Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana.  As the landowner, it derives revenues from oil and gas exploration and production activities that take place on or near the Company’s land.  The Company also derives revenues from its ownership interest in B&L Exploration, LLC and minimal revenues from surface rentals. 

    This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves.  Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments.  The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report.  Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards.  Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company.  Each such statement speaks only as of the day it was made.  The factors described above cannot be controlled by the Company.  When used in this report, the words “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

    The following Statements of Assets, Liabilities and Stockholders’ Equity and Statement of Revenues and Expenses have been derived from our end of the year financial statements, but do not include the information and footnotes that are an integral part of a complete financial statement.  A complete copy of the audited Financial Statements and Schedule, Years Ended December 31, 2010 and 2009 along with the 2011 President’s Report to Shareholders and the Company’s Proxy Statement will be available after March 30, 2011 on our website www.biloximarshlandscorp.com or through requesting a copy in writing; from the Company - Attention: Investor Relations, Biloxi Marsh Lands Corporation, One Galleria Blvd., Suite #902, Metairie, LA 70001.

Contact:
Biloxi Marsh Lands Corporation
Colleen Starks 504-837-4337

Biloxi Marsh Lands Corporation Announces Results for the Fourth Quarter of 2010, 12 Months ending December 31, 2010

     Metairie, Louisiana – December 14, 2010 - During its meeting held today the Board of Directors of Biloxi Marsh Lands Corporation (Pink Sheets: BLMC) declared a dividend of $1.25 per outstanding share of common stock payable on Thursday, December 30, 2010 to shareholders of record at the close of business on Friday, December 24, 2010. 

Contact:
Biloxi Marsh Lands Corporation
Colleen Starks 504-837-4337

      Metairie, LA., October 29, 2010 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter and first nine months of 2010 and provides update.  Total revenue for the third quarter of 2010 was $675,999 compared to total revenue of $23,459,199 for the same period of 2009.  For the first nine months of 2010 revenue was $1,535,714 compared to $24,717,858 for the same period of 2009.  (2009 - Q3 and first nine months revenues included $23,827,543 in nonrecurring revenue funds received from the settlement effective July 1, 2009 of the litigation that was pending to determine the ownership of Sections 1, 2 and 3, Township 13 South, Range 16 East.)  For the third quarter total revenue includes a $53,056 gain emanating from partnership income which represents the Company’s interest in B&L Exploration, LLC compared to a net loss of $725,947 in the same category for the third quarter of the prior year.  Other revenue included $85,329 in dividends & interest, and a $68,311 gain from sale of securities.  During the third quarter of 2010, oil and gas revenues were $439,453 compared to $21,117,644 for the same period of 2009 and for the first nine months oil and gas revenues were $1,085,389 compared to $21,740,302 for the first nine months of 2009.  Meanwhile, operating expenses for the third quarter of 2010 were $225,694 compared to $292,572 for the same period of 2009.  Net earnings were $315,214 or $0.11 per share for the third quarter of 2010 compared to $15,168,494 or $5.53 per share for the same period of 2009, and for the first nine months of 2010 net earnings were $551,790 $0.20 per share compared to $15,586,289 or $5.68 per share for the same period of 2009.  Please note the non-recurring revenue for 2009 as stated above.

            As previously announced, preliminary approval for settlement of all cases involving disputed waterbottoms between the Company and the State of Louisiana was granted by the Mineral and Energy Board of the State of Louisiana during its meeting held on July 14, 2010.  The settlement involves sharing the funds with the State of Louisiana deposited in the various concursus accounts on a proportional basis which has been negotiated between representatives of the State and the Company.  Subsequently, during its October 13th meeting, the Mineral and Energy Board approved the settlement agreements which were then executed by all the parties.  We are awaiting disbursement of funds by the St. Bernard Parish Clerk of Courts. BLMC will receive slightly more than $5.5 million from this settlement with additional funds to be disbursed to the Biloxi Marsh Lands 1 Royalty, LLC, 50196, LLC and Lake Eugenie Land & Development, Inc. We anticipate that the disbursements will take place prior to the end of 2010.  For more information on the disputes between the Company and the State of Louisiana, please refer to our website: www.biloximarshlandscorp.com

      As of September 30, 2010 the combined gross daily production rate from six wells operated by the Company’s mineral Lessees was approximately 12.3 million cubic feet (mmcf) with net daily production accruing to the Company of approximately 1.78 mmcf.  Combining this daily natural gas production with the Company’s proportional share of the daily production from the B&L wells makes the total net daily production accruing to the Company as of September 30, 2010 approximately 4.3 mmcfe (natural gas and equivalents).
As of September 30, 2010 B&L’s net interest of wells were producing at a combined daily rate of approximately 3.03 mmcfe.  During the last quarter the Lake Eugenie Land & Development, Inc. No. 1 well was placed on compression to increase and stabilize its flow rate.  In addition to the current producing wells, B&L is participating in the drilling of additional wells in Louisiana during the fourth quarter of 2010. 

      B&L was organized as a limited liability Company (LLC) under the laws of Louisiana in July of 2006.  B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes.  B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

In regards to the Deep Water Horizon drilling rig explosion
and resulting BP oil spill.

       We are thankful that the spill has been stopped and the company’s property is no longer threatened by a continued oil leak.  As of the date of this release, it appears very little if any of BLMC’s property was contaminated with oil from the spill.

      William B. Rudolf, President and CEO, commented: “With the litigation with the State of Louisiana nearly behind us, we are prepared to focus our efforts on strategies designed to hopefully increase the Company’s asset base and hopefully lead to increased production from our fee based land and off-property assets.”

      The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements including President’s Report to Shareholders, and general information about the company.  During January 2008 we moved our office to One Galleria Blvd., Suite #902.  Complete and updated contact information is available on the Company’s website: www.biloximarshlandscorp.com.

    Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. As the landowner, it derives revenues from oil and gas exploration and production activities that take place on or near the company’s land.  The company also derives revenues from its majority ownership interest in B&L Exploration, LLC and minimal revenues from surface rentals. 

      This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves.  Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments.  The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report.  Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards.  Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company.  Each such statement speaks only as of the day it was made.  The factors described above cannot be controlled by the Company.  When used in this report, the words “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

    The following “Statements of Assets, Liabilities and Stockholders’ Equity” and “Statement of Revenues and Expenses and Retained Earnings” have been derived from an interim un-audited financial statement which does not include the information and footnotes that are an integral part of a complete financial statement.

Contact:
Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337

Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2010 and provides update

      Metairie, LA., July 30, 2010 (BUSINESS WIRE) – Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC)today announces its unaudited results for the second quarter and first six months of 2010 and provides update.  Total revenue for the second quarter of 2010 was $414,029 compared to total revenue of $263,537 for the same period of 2009.  For the first six months of 2010 revenue was $859,715 compared to $1,258,659 for the same period of 2009.  For the second quarter total revenue includes a gain of $29,182 emanating from partnership income which represents the Company’s investment in B&L Exploration, LLC (B&L). This compares to net loss $42,057 in the same category during the second quarter of 2009.  The gain emanating from the Company’s investment in B&L is directly related to wells being placed on production during the first half of this year that were successfully drilled during Q3 and Q4 of 2009 .  Meanwhile, for the first six months of 2010 partnership income was $26,565 compared to income of $367,514 in the same category for the first six months of 2009.  This reduction in partnership income for the first six months of 2010 was mainly due to expenses related to completing and building infrastructure for the wells successfully drilled during Q3 and Q4 of 2009.  During the second quarter of 2010, oil and gas revenues were $333,036 compared to $238,373 for the same period of 2009.  For the second quarter of 2010, we incurred a loss on the sale of investment securities of $39,737 compared to a loss of $13,595 during the second quarter of 2009.  Meanwhile, operating expenses for the second quarter of 2010 were $268,201 compared to operating expenses of $464,458 for the same period of 2009.  The lower expenses were due to reduced legal fees and expenses leading to our quarterly net gain of $102,080 or $.04 per share for the second quarter of 2010 compared to a loss of $76,485 or $.03 per share for the second quarter of 2009.  Meanwhile, our net earnings for the first half of 2010 were $236,576 or $.09 per share compared to $417,795 or $.15 per share for the same period of 2009.

    We reported in the past that there are multiple disputes raised in the pending litigation in State Court in St. Bernard Parish with the State of Louisiana regarding the State’s claims to certain waterbottoms owned by the Company. There is approximately $15mm deposited in the various concursus accounts established to hold the funds relating to these disputes between the Company and the State of Louisiana.

    We are pleased to announce, that preliminary approval for settlement of all cases involving disputed waterbottoms between the Company and the State of Louisiana was granted by the Mineral and Energy Board of the State of Louisiana during its meeting held on July 14, 2010.  The settlement will involve sharing the funds with the State of Louisiana deposited in the various concursus accounts on a proportional basis which has been negotiated between representatives of the State and the Company.  While we have an agreement in principle, full and final settlement is pending negotiation, drafting and approval of written settlement agreements by the State of Louisiana’s Mineral and Energy Board and the Board of Directors of the Company.  When settlement becomes final and binding upon all of the interested parties an appropriate press release will be issued by the Company.  The Company hopes to have this matter fully settled and funds distributed prior to the end of 2010.  For more information on the disputes between the Company and the State of Louisiana, please refer to our website www.biloximarshlandscorp.com.

    We are also pleased to announce that The Meridian Resource Corporation (TMR) has successfully reentered and redrilled the TMR- Biloxi Marsh Lands 1-2 well. This well was placed on production during the middle part of July 2010 and is currently flowing at a rate of approximately 7.5 million cubic feet (mmcf) of natural gas per day.

    As of July 27, 2010 the combined gross daily production rate from 6 wells operated by the Company's mineral Lessees was approximately 14.0 million mmcf of natural gas with net daily production accruing to the Company of approximately 2.0 mmcf. This represents a significant increase in production emanating from our fee based lands. Combining this daily production with the Company's proportional share of the daily production from the B&L Exploration, LLC (B&L) wells makes the total net daily production accruing to the Company as of July 27, 2010 approximately 4.54 mmcfe (natural gas equivalents) per day.    
Through B&L, management continues its strategy to attempt to increase the Company’s daily oil and gas production and proved reserves.  We previously announced that B&L participated in the drilling and completion of the Delacroix # 41 ST and the SL 1212 #1 in Plaquemines Parish, Louisiana.  BOPCO, L.P. is the Operator of these wells located within the Pointe A La Hache Field.  B&L’s Class B membership has a 25% working interest in each of these wells.  Both the Delacroix # 41 ST and the SL 1212 #1 well have been placed on production.  During the Q2-2010, B&L participated in the drilling of the Miami Corp 34-1 well in Cameron Parish, Louisiana.  Walter Oil & Gas Corporation operated the well and BTA Oil Producers, L.L.C was the other working interest partner.  Unfortunately, while this well encountered oil and gas pay sands in the targeted intervals, the thickness of the pay sands encountered did not justify completing of the well, thus it has been plugged and abandoned.  We have been able to fully expense all the costs related to this well.  Additionally, the Lake Eugenie Land & Development, No. 1 well is being placed on compression to increase its flow rate.  While the compressor barge is on location, Gulf Production Company, the Operator of this well, is experiencing delays in completing the hookup.  It is anticipated that higher flow rates will be achieved once the compressor barge is fully hooked up and operational.  This should be completed in the near term. As of July 27, 2010 the total net daily natural gas production accruing to B&L was approximately 2.8 mmcf of natural gas and 23 barrels of oil.  

    B&L was organized as a limited liability Company (LLC) under the laws of Louisiana in July of 2006.  B&L’s Class A members are BLMC and Lake Eugenie Land & Development, Inc. (LKEU), which have membership percentages of 75% and 25% respectively. The Operating Agreement was amended on November 16, 2009 to create a Class B membership to allow for certain future projects at the discretion of the board of managers to be participated by either Class A or Class B members or a combination of the respective Classes.  B&L’s Class B members are BLMC and LKEU, which have membership percentages of 90% and 10% respectfully.

In regards to the Deep Water Horizon drilling rig explosion
and resulting BP oil spill.

     While certain limited geographic areas of the Company’s property recently have been contaminated by oil, property damage varies depending on the specific area, combined with the density and volume of oil in each contaminated area.  We are working closely with BP, and government officials to minimize the long term impact and property damage, and we have personnel and independent experts in the field evaluating each impacted area.  Considering the magnitude of the spill and the proximity of the Deep Water Horizon rig to our property as of this time overall impact to our entire property appears to be minimal.

      William B. Rudolf, President and CEO, commented: “While we are very pleased with the significant increase in our production both from the new producing well on our fee lands and from our investment in B&L, we are also pleased with the apparent settlement agreement reached with the State of Louisiana.  All these events should add significantly to this year’s earnings.  We are disappointed with the results of the Miami 34-1 well, but are working to put together additional prospects to drill during Q3 and Q4.  Meanwhile, the BP oil spill has represented a challenge for us and our property has been impacted.  While the impacted areas are limited, costs of restoration could be significant.  With this said, considering our property’s proximity to the Deep Water Horizon drilling rig, the overall impact from the spill appears to be limited.”

    The Company maintains a website; www.biloximarshlandscorp.com and we strongly recommend that all investors and interested parties visit the website to view historical press releases, historical financial statements including President’s Report to Shareholders, and general information about the Company.  Complete and updated contact information is available on the Company’s website: www.biloximarshlandscorp.com .
                                     
    Biloxi Marsh Lands Corporation owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana.  As the landowner, it derives the vast majority of its revenue from oil and gas exploration and production activities that take place on or near the Company’s land as well as its proportional share of revenue generated by B&L Exploration, LLC.  The Company also derives minimal revenues from surface rentals. 

    This news release contains forward-looking statements regarding oil and gas discoveries, oil and gas exploration, development and production activities and reserves.  Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments.  The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report.  Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards.  Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company.  Each such statement speaks only as of the day it was made.  The factors described above cannot be controlled by the Company.  When used in this report, the words “believes”, “estimates”, “plans”, “expects”, “should”, “outlook”, and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.

    The following “Statements of Assets, Liabilities and Stockholders’ Equity” and “Statement of Revenues and Expenses and Retained Earnings” have been derived from an interim un-audited financial statement which does not include the information and footnotes that are an integral part of a complete financial statement.

Contact:
Colleen Starks
Biloxi Marsh Lands Corporation
504-837-4337

Biloxi Marsh Lands Corporation Announces Unaudited Results for the Second Quarter and First Six Months of 2010 and provides update

      METAIRIE, La.--(BUSINESS WIRE)--Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC - News)

What Happened
   The Transocean’s Deepwater Horizon drilling rig explosion and fire on April 20, 2010, and resulting BP Oil Spill have caused environmental concerns across the entire Gulf Coast. Biloxi Marsh Lands Corporation owns 90,000 acres of marshlands in St Bernard Parish, LA, that are in the area of concern for the spill and could potentially be impacted. As the spill became apparent, BLMC’s personnel immediately commenced patrolling operations to monitor for spill impacts to our property. BLMC continues to work with BP, State and local officials at the staging area in Hopedale, LA along with the Unified Command Center in Houma, LA.

Current Status
    The spill is beginning to impact parts of Louisiana coastline. We continue to monitor the outer marshes of St. Bernard Parish for any signs of oil. After taking core soil samples at various locations along BLMC’s property to establish a baseline data set in the event of oil encroachment, tests are underway on these baseline samples. Currently containment booms are deployed along most seaward inlets and some parts of BLMC property with additional booms being deployed throughout the area. To date, BLMC has not suffered the impact of oil on the property, but a small amount of oil has come in contact with Lake Eugenie Land & Development, Inc (LKEU) property. The property has been surveyed by company personnel and assessed by Unified Command’s Shoreline Cleanup Assessment Team (SCAT). Hard Boom, Sorbent booms and pads are being deployed by BP personnel to try and mitigate the damage, if possible.
BLMC’s Lessee’s and B&L Exploration’s oil and gas operations in St. Bernard Parish are not being affected by the spill at this time.

Planned Actions
    BLMC’s personnel will continue to monitor the property and assist the proper authorities as requested. Impacts, if any, will be documented and accounted to protect BLMC as a landowner in the vicinity of the spill.

Contact:
Biloxi Marsh Lands Corporation
Skye Durant,
504-837-4337
sdbiloxi@bellsouth.net