Texas Oil and Minerals, Inc. Obtains "Limited Information Status" on OTC Markets Exchange

HOUSTON, May 24, 2011 /PRNewswire/ -- Texas Oil and Minerals, Inc. (OTCMARKETS: BNPD) today said it now has "Limited Information Status" on OTC Markets. Texas Oil and Minerals, Inc. has updated all financials and also posted a legal opinion to further explain the financials.

"This is improving shareholder transparency. The upward status improvement with OTC Markets is part of an overall strategy to improve and boost Texas Oil and Mineral's stock liquidity. The Limited Information Status upgrade adds a buying security level, as well as confidence, for investors buying shares in BNPD or any company, for that matter," said Tom Gouger, CEO.

Limited Information Status is reserved for companies disclosing adequate, mainly financial, company information publicly that increases transparency, so investors can make informed decisions. According to Pink OTC Markets, in 2009, the average dollar volume per security, with Limited Information Status, averaged $81,259,055. This compares to a $745,812 average amount per security with "No Information", as the posted information, which is a very substantial difference.

Pink OTC Markets Inc. www.otcmarkets.com  is a financial information and technology services company that operates the leading electronic quotation and trading system in the Over-the-Counter (OTC) securities market. The OTCQX and Pink Sheets marketplaces that they operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Pink Sheets technology platform provides a comprehensive suite of information products and trading services for OTC market participants.

About Texas Oil and Minerals (BNPD)

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 $5,000,000, which include seismic and land projects, drilling prospects and the purchase of producing properties. Our team is comprised of highly skilled industry professionals who leverage their knowledge toward the success of our business. 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. www.texasoilandminerals.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.

Stock Logiq, LLC.
Robert Adams, 214-843-0503
[email protected]
www.stocklogiq.com

SOURCE Texas Oil and Minerals, Inc.