TexCom Completes 4th Successful Frio Well and Continues Drilling Program

    HOUSTON, May 22 /PRNewswire-FirstCall/ -- TexCom, Inc. (OTC Pink
 Sheets: TEXC) today announced that its natural gas operating subsidiary
 TexCom Partners, LLC has completed its 4th well, the McCan T-5.
     The T-5 was drilled to a total depth of 6,387 Ft. and completed in the
 Middle Frio at 5,404 Ft. The 5,404 zone will be the 4th productive zone
 produced thus far in TexCom Partners 2005-A limited partnership. The T-5
 will be fully tested and brought online as soon as possible.
     TexCom's prior three wells, the McCan T-2 and McCan T-3, and the McCan
 T-4 were placed online in the last two months. The T-3 is being
 re-perforated, and the McCan T-2 & McCan T-4 currently produce an average
 combined 1,360 Mcf. per day.
     Drilling continues at a depth of 3,300 Ft. on TexCom's 5th well, the
 McCan T-6. The McCan T-6 is permitted to a depth of 6,500 feet.
     These wells are part of a TexCom drilling program on a 3,086 acre
 holding in the McFaddin North Field in Victoria County, Texas. TexCom
 operates the wells and owns a 16% working interest prior to payout and a
 32% interest thereafter.
     TexCom plans to continue its drilling program for the foreseeable
 future.
     About TexCom
     TexCom, Inc. is headquartered in Houston, Texas and is an early-stage,
 growth-oriented company with its primary focus on the production of Bio-
 Diesel. TexCom also has interests in liquid waste disposal servicing the
 petrochemical and drilling industries. Additionally, the company is engaged
 in exploration and production of oil and gas through its wholly owned
 subsidiary TexCom Partners, LLC.
     Forward-Looking Statements
     Statements contained herein and the information incorporated by
 reference herein may be forward-looking statements within the meaning of
 Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act").
 Forward-looking statements can be identified by the use of forward-looking
 terminology such as, but not limited to, "may," "will," "expect,"
 "anticipate," "estimate," "would be," "believe," or "continue" or the
 negative or other variations of comparable terminology. We intend such
 forward-looking statements to be covered by the safe harbor provisions
 applicable to forward-looking statements contained in Section 21E of the
 Exchange Act. Such statements (none of which is intended as a guarantee of
 performance) are subject to certain assumptions, risks and uncertainties,
 which could cause our actual future results, achievements or transactions
 to differ materially from those projected or anticipated.
     Forward-looking statements include statements concerning plans,
 objectives, goals, strategies, future events, or performance and underlying
 assumptions and other statements, which are other than statements of
 historical facts. These statements are subject to uncertainties and risks
 including, but not limited to, product and service demands and acceptance,
 changes in technology, economic conditions, the impact of competition and
 pricing, and government regulation and approvals. TexCom cautions that
 assumptions, expectations, projections, intentions, or beliefs about future
 events may, and often do, vary from actual results and the differences can
 be material. Some of the key factors which could cause actual results to
 vary from those TexCom expects include changes in natural gas and oil
 prices, the timing of planned capital expenditures, availability of
 acquisitions, uncertainties in estimating proved reserves and forecasting
 production results, operational factors affecting the commencement or
 maintenance of producing wells, the condition of the capital markets
 generally, as well as our ability to access them, and uncertainties
 regarding environmental regulations or litigation and other legal or
 regulatory developments affecting our business.
     Our expectations, beliefs and projections are expressed in good faith
 and are believed to have a reasonable basis, including without limitation,
 our examination of historical operating trends, data contained in our
 records and other data available from third parties. There can be no
 assurance, however, that our expectations, beliefs or projections will
 result, be achieved, or be accomplished. Readers are cautioned not to place
 undue reliance on these forward-looking statements, which speak only as of
 the date hereof. We undertake no duty to update these forward-looking
 statements.
     Cautionary Note to U.S. Investors
     The United States Securities and Exchange Commission permits oil and
 gas companies, in their filings with the SEC, to disclose only proved
 reserves that a company has demonstrated by actual production or conclusive
 formation tests to be economically and legally producible under existing
 economic and operating conditions. We use certain terms herein, such as
 "probable", "possible", "recoverable", "risked" among others, that the
 SEC's guidelines strictly prohibit us from including in filings with the
 SEC. Readers are urged to carefully review and consider the various
 disclosures made by use which attempt to advise interested parties of the
 additional factors which may affect our business.
      Contacts:
 
      Greg Noble                      Brad Barker
      Greg@tcri.net                   Brad@tcri.net
      713-914-9193
 
      www.texcomresources.com
 
 

SOURCE TexCom, Inc.

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