Texas Oil and Minerals Discusses Current Industry Markets & Overview of Company's Prospects
HOUSTON, April 8, 2013 /PRNewswire/ -- Texas Oil and Minerals Inc. (PINKSHEETS: TOMI) is pleased to announce that CEO and President Tom Gouger has issued the following statement concerning the immediate future prospects of TOMI:
"After months of working to get TOMI in order I have decided to proceed with my agenda to build a viable Oil and Gas Company despite our past problems.
The Oil and Gas market looks to be very bullish for the next couple of years, especially in the clean-burning and environmentally-friendly natural gas market.
I am not going to tell all my stockholders that I have identified a prospect here or there that fits the company profile, I am telling you all that I have the prospect in hand that will be the first building block for TOMI s future."
Mr. Gouger went on to say:
"This field has a long history of great production and still has upside potential with behind-pipe possibilities."
About Texas Oil and Minerals
Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $1,000,000 to $50,000,000, which include seismic and land projects, drilling prospects and the purchase of producing properties. With more than three generations of collective experience, this team of professional and talented production personnel can provide innovative exploration and development solutions focused on creating exceptional returns in oil and gas through acquisition and exploration. http://www.texasoilminerals.com
For Further Information:
Investor Relations
Phone 1- 866-786-2942
[email protected]
http://www.texasoilminerals.com
Safe Harbor Statement:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE Texas Oil and Minerals Inc.
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