TexCom Drilling Continues; Flowing 1st Frio Well, Completing 2nd Well, and Spudding 3rd Well in Victoria County, Texas

Mar 09, 2006, 00:00 ET from TexCom, Inc.

    HOUSTON, March 9 /PRNewswire-FirstCall/ -- TexCom, Inc.
 (OTC Pink Sheets:   TEXC) today announced that its gas operating subsidiary,
 TexCom Partners, LLC, is producing the McCan T-2 at a rate of 750 Mcf per day.
 Internal estimated reserves for the McCan T-2 well are between 1.5 and 2.0
     As previously announced, the McCan T-2 was drilled to 6,230 ft. and
 ultimately perforated in a Middle Frio Sand at 5,597 Ft. Well logs indicate
 multiple zones that will be suitable for further development in the future.
     The McCan T-2 was drilled on a 3,086 acre holding in the McFaddin North
 Field in Victoria County, Texas. TexCom operates the well and owns a 16%
 working interest prior to well payout and a 32% interest thereafter.
     TexCom is currently in the process of completing and testing a 2nd well,
 the McCan T-3, at a depth of 5922 feet.
     A new well, the McCan T-4, was spudded Monday March 6, 2006, and is
 currently at a depth of 930 feet.  Expectations are that drilling on the McCan
 T-4 will be to a depth of 6,500 feet and completed within three weeks.
     Britt Brooks of TexCom Operating stated, "Given the current commodity
 pricing environment, we want to increase our interest in this play.  This area
 meets all of our criteria, including: the ability to drill multiple wells,
 attractive risk/reward ratios, and a chance to drill a deep test into the
 deeper Vicksburg and Wilcox plays that have proven so prolific in South Texas.
 Our drilling partnership provides for increased shareholder value without
 dilution, and helps pave the way for our push into Biodiesel Production.  We
 expect to continue our push in Natural Gas production and hope to drill a well
 every few weeks 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 biodiesel.
 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
     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.
      Greg Noble                     Brad Barker
      Greg@tcri.net                  Brad@tcri.net

SOURCE TexCom, Inc.