die bohren ja am gleich ort wie MXXR. was ist mit denen? kommt heute noch ne PR???
Texas Sandy Point Drilling to Commence Date: 10-29-06
NEWS RELEASE
Texas Sandy Point Drilling to Commence
Houston, TX – October 30, 2006 -- Texhoma Energy, Inc. (“Texhoma”) (OTC: TXHE) is pleased to announce that the operator, Sunray Operating Company LLC (“Sunray”), has secured a drilling rig and is preparing the location for the drilling of the Sandy Point No. 3 Fite well in Brazoria County, Texas. Sunray estimates the cost to drill to 7000’ to be $442,000. The cost for Texhoma’s 10% working interest of $44,200 has been pre-paid.
Sunray considers this to be a high potential location with gross possible reserves of 225,000 barrels of oil and 400 million cubic feet of gas. Drilling is expected to commence by mid-November 2006.
This well will offset the Company’s Sandy Point No. 1 Fite and is close to existing infrastructure for immediate production. If successful, Texhoma will be responsible for a nominal completion cost.
Web Site: www.texhomaenergy.com Email: info@texhomaenergy.com
Investor Relations Inquiries:
Terje Reiersen 713-457-0610