Server Hosting To New Standard CyrusOne in Dallas

CyrusOne is a national leader in high-availability, high-density data center services, offering server hosting and collocation services for companies in a wide range of industries including oil and gas.

CyrusOne maintains seven facilities totaling 480,000 square feet in Texas, including three facilities in Houston, three in Dallas and one in Austin. It is the only colocation provider in Austin to provide up to 1,000 watts of power per square foot, enabling the company to support clients with larger volumes of sophisticated and mission-critical applications. The data center is engineered in a fully redundant 2N configuration for superior power and cooling. Plus, multiple levels of uninterruptible power supplies and diesel generators ensure zero downtime.


With three substantial Dallas data centers, CyrusOne is the choice of Dallas area business leaders including Rent A Center, Schlumberger, Dynegy, Repsol, YPF, Christus Health and others. CyrusOne's three Dallas data centers prove their commitment to helping their data center clients optimize the return on their technology investments while ensuring application availability, data security and superior IT performance. CyrusOne data centers are built to a 2N level redundancy, further evidence of CyrusOne's commitment to their clients' needs and growth.

CyrusOne, is a recognized leader in Data Center, Corporate Colocation, Colocation, Collocation, Data Center Provider, Server Colocation, Server Hosting and Data Disaster Recovery. CyrusOne has served the Dallas area for years, building a solid reputation for service, quality, innovation and competitive pricing.

Web Site: http://www.CyrusOne.com

CyrusOne, Inc. 2501 S. State Highway 121 Lewisville, TX 75076 1-866-297-8766 For more information, visit www.cyrusone.com or call 1-866-297-8766.

Oil and Gas Forecast

Oil and Gas Forecast
In the USA...Increasingly tough regulatory environment domestically, rising prices that increase domestic exploration and economic O&G recovery with added taxes and environmental costs on domestic exploration and production. EPA and other agencies stepping in to the regulatory picture as agencies see increased funding and growth. All this should favor regulator driven O/G service and equipment sales.

Globally... devalued dollar, tightened markets for oil, and more speculation should drive prices up. International LNG transports and ports allow for increased participation in growing domestic US natural gas markets.

In the US, natural gas markets should expand to take advantage lower transportation cost involved in use of local discoveries/production in Texas, Louisiana, Arkansas, Pennsylvania and other unconventional gas fields. Increased demand for pipelines out of these fields.

Marketing Challenges:
Can NG avoid fossil fuel regulatory prejudice, the big PR challenge NOW? EPA is already moving to participate in greater regulation of production and exploration based on air and water quality regardless of historical findings to the contrary.

Challenge from renewables as they are given tax advantages and O/G is penalized. The question is... how fast can they move and how much market can they grab before the political climate changes in favor of greater balance.

Can the "fossil fuels factor" in global warming be debunked in the public and political mind with the scientific evidence of the continuing history of climatic cycles. The most "Inconvenient Truth" may be the real facts of climatic cycles and our insignificance in the climate change formula.

Critics of O/G continue to leverage public and political opinion using scarcity, environmental damage and now climate change to dismantle the O/G industry in favor of "alternative energy". With mainstream media on-board, we face a massive industry challenge to tell the true story in a million different ways. This is a challenge that has to be met by every O/G industry participant in every press release, interview, and piece of literature.

Don Lokke CEO
Lokke Advertising
Oil and Gas Marketing Specialists
www.LokkeAdvertising.com

Basic Energy Services to Present at the IPAA Oil and Gas Symposium

MIDLAND, Texas, April 15 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE:BAS) announced today that its management will be presenting at the Independent Petroleum Association of America's ("IPAA") Oil and Gas Symposium to be held in New York on April 20 - 22, 2009.

Ken Huseman, President and Chief Executive Officer is scheduled to present on Tuesday, April 21, 2009 at 4:35 p.m. Eastern Time. The presentation will be broadcast live online in the Investor Relations section of Basic's website at www.basicenergyservices.com. A replay will be available on the company's website for approximately 30 days. Listeners should access the site at least 15 minutes prior to the presentation start time to register and, if necessary, download and install the required software.

Basic Energy Services provides well site services essential to maintaining production from the oil and gas wells within its operating area. The company employs more than 4,200 employees in more than 100 service points throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain States.

Additional information on Basic Energy Services is available on the Company's website at http://basicenergyservices.com/.

Safe Harbor Statement:

Statements made during the presentation may include forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Basic has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, including (i) changes in demand for Basic's services and any related material impact on our pricing and utilizations rates, (ii) Basic's ability to execute, manage and integrate acquisitions successfully and (iii) changes in our expenses, including labor or fuel costs and financing costs. Additional important risk factors that could cause actual results to differ materially from expectations are disclosed in Item 1A of Basic's Form 10-K for the year ended December 31, 2007, subsequent Form 10-Q's filed with the SEC and our Form 10-K for the year ended December 31, 2008 when filed. While we make these statements and projections in good faith, neither Basic Energy Services nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. Basic assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Basic, whether as a result of new information, future events, or otherwise.

Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc.
432-620-5510

Jack Lascar/Sheila Stuewe
DRG&E / 713-529-6600

Source: Basic Energy Services, Inc.

CONTACT: Alan Krenek, Chief Financial Officer of Basic Energy Services,
Inc., +1-432-620-5510; or Jack Lascar or Sheila Stuewe, both of DRG&E,
+1-713-529-6600, for Basic Energy Services, Inc.

Web Site: http://www.basicenergyservices.com/

Miller Energy Resources Announces $25.5 Million Drilling Program

HUNTSVILLE, Tenn., April 13 /PRNewswire-FirstCall/ -- Miller Energy Resources, LLC (OTC:MILL) (BULLETIN BOARD: MILL) announced here today it has initiated a $25.5 million drilling program on company leases in Scott County, Tennessee.

According to Miller CEO, Scott Boruff, "The drilling program consists of up to 16 horizontal wells and 14 vertical wells to test three reservoir targets, including gas in the organic rich Chattanooga shale. Secondary targets are the Mississippian Age "Big Lime" and the Fort Payne formation."

Funding for the program is via private placement memorandum. The managing Broker Dealer is Empire Securities Corp., Universal City California.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy interest in this offering.

Miller Energy Resources, formerly Miller Petroleum, Inc., is an independent crude oil and natural gas exploration and production company focusing on the Appalachian Basin. Additional information, including the Company's annual report on Form 10-K and its quarterly reports on Form 10-Q, can be accessed on its website at www.millerenergyresources.com.

"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Miller Energy Resources to differ materially from those implied or expressed by such forward-looking statements. Miller Energy Resources assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to many factors, including political or economic risks. For more information, visit the Miller Energy Resources website at www.millerenergyresources.com.

Source: Miller Energy Resources, LLC

CONTACT: Scott M. Boruff of Miller Energy Resources, LLC,
+1-423-663-9457, Fax: +1-423-663-9461

Web Site: http://www.millerenergyresources.com/

Sunoco Logistics Partners L.P. Announces Public Offering of Common Units

PHILADELPHIA, April 13 /PRNewswire-FirstCall/ -- Sunoco Logistics Partners L.P. (NYSE:SXL) , announced that it has commenced a public offering of 2,000,000 common units pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission. The underwriters have been granted an option to purchase up to 300,000 additional common units. The Partnership intends to use the net proceeds from this offering to reduce the indebtedness outstanding under its wholly-owned subsidiary, Sunoco Logistics Partners Operations L.P.'s, $400 million revolving credit facility and for general partnership purposes.

Citi, UBS Investment Bank and Barclays Capital are acting as joint book-running managers for the common unit offering.

A copy of the prospectus supplement and the accompanying prospectus related to this offering may be obtained from Citi, Brooklyn Army Terminal, Attention: Prospectus Delivery Dept., 140 58th Street, Brooklyn, NY, 11220, or by calling Citi toll-free at (800) 831-9146, or Barclays Capital, c/o Broadridge Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY, 11717, or by calling Barclays Capital toll-free at (888) 603-5847 or by e-mail at barclaysprospectus@broadridge.com, or UBS Investment Bank, Prospectus Dept., 299 Park Avenue, New York, NY, 10171, or by calling UBS Investment Bank toll-free at (888) 827-7275.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and related prospectus supplement.

Sunoco Logistics Partners L.P. (NYSE:SXL) , headquartered in Philadelphia, is a master limited partnership formed to acquire, own and operate refined product and crude oil pipelines and terminal facilities. The Eastern Pipeline System consists of approximately 2,300 miles of primarily refined product pipelines located in the Northeastern and Midwestern United States, the recently acquired MagTex Pipeline System, and interests in four refined products pipelines, consisting of a 9.4 percent interest in Explorer Pipeline Company, a 31.5 percent interest in Wolverine Pipe Line Company, a 12.3 percent interest in West Shore Pipe Line Company and a 14.0 percent interest in Yellowstone Pipe Line Company. The Terminal Facilities consist of approximately 9.7 million shell barrels of refined products terminal capacity and approximately 21.2 million shell barrels of crude oil terminal capacity (including approximately 17.8 million shell barrels of capacity at the Texas Gulf Coast Nederland Terminal). The Western Pipeline System consists of approximately 3,700 miles of crude oil pipelines, located principally in Oklahoma and Texas, a 55.3 percent interest in Mid-Valley Pipeline Company, a 43.8 percent interest in the West Texas Gulf Pipe Line Company and a 37.0 percent interest in the Mesa Pipe Line System.

Note: Although Sunoco Logistics Partners L.P. believes that the assumptions underlying these statements are reasonable, investors are cautioned that such forward-looking statements are inherently uncertain and necessarily involve risks that may affect the Partnership's business prospects and performance causing actual results to differ from those discussed in the foregoing release. Such risks and uncertainties include, by way of example and not of limitation: whether or not the transactions described in the foregoing news release will be cash flow accretive; increased competition; changes in demand for crude oil and refined products that we store and distribute; changes in operating conditions and costs; changes in the level of environmental remediation spending; potential equipment malfunction; potential labor issues; the legislative or regulatory environment; plant construction/repair delays; nonperformance by major customers or suppliers; and political and economic conditions, including the impact of potential terrorist acts and international hostilities. These and other applicable risks and uncertainties have been described more fully in the Partnership's Form 10-K filed with the Securities and Exchange Commission on February 24, 2009. The Partnership undertakes no obligation to update any forward-looking statements in this release, whether as a result of new information or future events.

Source: Sunoco Logistics Partners L.P.

CONTACT: Media, Thomas Golembeski, +1-215-977-6298; Investors, Neal
Murphy, +1-215-977-6322

Web Site: http://www.sunocologistics.com/

Endeavour to Present at IPAA Oil and Gas Symposium

HOUSTON, April 13 /PRNewswire-FirstCall/ -- Endeavour International Corporation (AMEX:END) will participate in the Oil & Gas Investment Symposium hosted by the Independent Petroleum Association of America (IPAA) on Tuesday, April 21, 2009 in New York.

William L. Transier, chairman and chief executive officer, is scheduled to speak on the company's business strategies and operational plans at 3:20 p.m. Eastern Daylight Time and 8:20 p.m. British Summer Time. A web cast of the presentation will be available live by accessing Endeavour's Internet home page at http://www.endeavourcorp.com/.

Endeavour International Corporation is an oil and gas exploration and production company focused on the acquisition, exploration and development of energy reserves in the North Sea and the United States. For more information, visit http://www.endeavourcorp.com/.

Source: Endeavour International Corporation

Natural Gas Needs to Get Back In Marketing

For Immediate Release:

Dallas, TX - March 14, 2009 - The price of natural gas is critically low for producers in the Barnett, Haynesville, Marcellus, and Fayetteville Shales. Recent reports indicate drilling activity in these newly discovered domestic gas plays has seen huge declines in recent months. Wells in the Barnett Shale, Haynesville Shale, Marcellus Shale, and Fayetteville Shale will may not be able to sustain production at prices below breakeven for long. Community tax bases will suffer. Resources and personnel could be forced to move on to other locations, domestic and international. Royalty owners will lose income. Exploration, drilling and production will quickly dry up. Production costs in most of these plays exceed the current $4/MMBtu market price. Most operators require at least $5-$6/MMBtu as a minimum to maintain profitable production. Unconventional gas plays in shale require special expertise, equipment and additional completion techniques that simply cost more cash to economically recover the resource. A $7-$10/MMBtu price should be a policy objective that keeps the domestic industry healthy and contributes to further exploration and US energy independence. The US economy and security may depend on bringing these clean burning gas discoveries in the Barnett Shale, Haynesville Shale, Marcellus Shale, and Fayetteville Shale to market profitably. With price a function of supply and demand, we are seeing a greater supply than demand. That has to change.

The real problem may be marketing. Natural gas producers will need to team up with utilities and product manufacturers to aggressively market their products in metro markets close to these plays. Communities and utilities that benefit should contribute to the effort with incentives and education programs. The quickest solution may be to build stronger local markets for natural gas. Products have to be developed, converted and heavily marketed. In homes, gas heating, cooking, water heating, refrigerators, grills, fireplaces and even backup generators need to regain market share. Electric vs Gas price models need to be advertised. Consumers need to see gas as the clean burning alternative to coal/oil generated electric on a local basis.

According to Lokke Advertising, CEO, Don Lokke, Jr. "Natural gas, locally produced, is critical to energy independence and local economies. Cities and utilities need to embrace the economies of local energy independence. Cities and consumers need to start thinking on a local or regional basis with regard to natural gas consumption. It is most economical when produced and used locally. Gas producing markets need to encourage use of natural gas. The regional economy benefits from lower cost energy, greater direct and indirect tax revenue, increased jobs, and a net decrease in wealth transfer out of the region."

"Local producers face increasing competition form LNG imports and alternative fuels. All the more reason for natural gas producers lead their sector in consumer education and product programs. The clean burning natural gas industry, as a whole, needs to actively support competitive incentives that build profitable local markets. Decreased cost of transportation to nearby metro areas, should offer a competitive advantage for locally produced natural gas. Yet, natural gas use has declined in the face of aggressive marketing and infrastructure investment over the last 50 years by electric utilities at the consumer level. Gas stoves, ovens, refrigerators and water heaters have been replaced in favor of electric alternatives. As a marketing resource and advertising agency, our primary concern is the oil and gas sector. It's our job to identify markets and products that make sense for our clients and the consumer. We aren't talking 'spin' or politically correct justifications. We are looking for sustainable markets that strengthen local and regional economies." according to Lokke.

Lokke Advertising, founded in 1978, is active in the oil, gas and energy sectors with online energy news and web site networks. An Advertising Red Book listed agency for over 21 years, the one man agency/consultancy, out of Dallas has worked with Fortune 500, mid-cap, and small-cap clients for over 30 years. The agency web site is located at www.LokkeAdvertising.com.

Lokke Advertising Completes Agreement with Gulftex Operating, Inc. and TBX Resources, Inc.

March 13, 2009 - Dallas, Texas - Gulftex Operating, Inc., TBX Resources, Inc. and Lokke Advertising announce the completion of an agency agreement. Lokke Advertising is slated to provide advertising, public relations, internet and marketing services for Gulftex Operating, Inc. and TBX Resources, Inc into 2010.

According to Gulftex Operating, Inc. President, Tim Burroughs, "Lokke Advertising is a solid match for Gulftex and TBX Resources, Inc. We needed a lean, fast response capability that enables us to reach our industry and communicate with the communities where we are growing. We were looking for an organization that could help us address online and traditional communication channels more effectively. Lokke Advertising matches our energy and enables us to address multiple communication objectives in minutes if necessary."

Don Lokke, Jr. CEO, Lokke Advertising adds, "Gulftex Operating, Inc. and TBX Resources, Inc. are a perfect fit for our petroleum focused resources and capabilities. I look forward to working with Tim Burroughs and their management teams. Gulftex Operating, Inc. and TBX Resources, Inc. have the kind of reputation and record of success we are proud to represent. They have been responsible stewards of investor capital and our energy resources. We hope to provide channels, strategies and creative solutions to enable Gulftex and TBX to better communicate in communities where they are making investments and providing jobs."

ABOUT GULFTEX OPERATING, INC.

In 1996 Gulftex Operating, Inc. became a contract operator to TBX Resources, Inc. with over 100 operating wells in East Texas and Louisiana. Today Gulftex Operating, Inc. has a successful exploration, drilling and production track record participating in over 35 wells in the Barnett Shale. The Gulftex record includes an impressive 19 wells in the core area of the Barnett Shale. Tim Burroughs, President of Gulftex Operating, Inc. has spent the last 14 years building Gulftex Operating, Inc. Top energy companies including XTO Energy, Crusader Energy, Devon Energy, Conoco Phillips, Encana and others have partnered with Gulftex Operating, Inc. on Barnett Shale projects.

The Gulftex Operating, Inc. has a primary focus on the development of conventional and unconventional resource plays which includes the application of horizontal drilling and cutting edge completion technology aimed at developing shale and tight sand reservoirs. The Gulftex assets are located in various domestic basins, the majority of which are in the Ft. Worth Basin, Barnett Shale.

For other information regarding Gulftex Operating, Inc., please visit the Company's Internet Web site at http://www.GulftexOperating.com.

ABOUT LOKKE ADVERTISING

Founded in 1979 by Don Lokke Jr., Lokke Advertising has been an Advertising Red Book registered agency for over 21 years. Today the company is still privately owned and headed by Lokke. Lokke Advertising is known for leveraged communication networks in housing, manufacturing, retailing, entertainment, sports and energy. The agency currently delivers over $9 billion in new business leads to clients each year. Lokke Advertising has served as consultant and facilitator to Fortune 500, mid-cap and small cap companies, leveraging online markets for the last 14 years. Lokke has been extremely successful in melding traditional communication channels with industry targeted digital channels.

The growing Lokke Energy Network consists of over 24 proprietary oil and gas portals, rss newsfeeds, media databases, and targeted communication channels. Energy clients tap into Lokke communication networks, alliances, strategies and benefit from instant global exposure. With over 31 years in advertising, Lokke Advertising made a 100% commitment to serve the petroleum industry in 2007 and is heavily committed to the oil and gas sector. Lokke Advertising continues to make major investments in expanding it's ability to serve oil and gas clients.

FORWARD-LOOKING STATEMENT DISCLOSURE

This press release contains "forward-looking statements" within the meaning of the Federal securities laws and regulations. Forward-looking statements are estimates and predictions by management about the future outcome of events and conditions that could affect Gulftex's business, financial condition and results of operations. We use words such as, "will," "should," "could," "plans," "expects," "likely," "anticipates," "intends," "believes," "estimates," "may," and other words of similar expression to indicate forward-looking statements.

There is no assurance that the estimates and predictions contained in our forward-looking statements will occur or be achieved as predicted. Any number of factors could cause actual results to differ materially from those referred to in a forward-looking statement, including drilling risks, operating hazards and other uncertainties inherent in the exploration for, and development and production of, oil and natural gas; volatility in oil and natural gas prices, including the adverse impact of lower prices on the amount of our cash flow available to meet capital expenditures, our ability to borrow and raise capital and on the values attributed to our proven reserves; drilling and operating risks in the unconventional shales and other reservoirs in which we operate, including uncertainties in interpreting engineering, reservoir and reserve data; the availability of technical personnel and drilling equipment; the timing and installation of processing and treatment facilities, third-party pipelines and other transportation facilities and equipment; changes in interest rates; and increasing production costs and other expenses.

Further information on risks and uncertainties affecting our business is described under Risk Factors are available in our reports filed with the SEC which are incorporated by this reference as though fully set forth herein. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE: Gulftex Operating, Inc.

Contact:
Tim Burroughs, CEO
Gulftex Operating, Inc.
3030 LBJ Freeway Suite 1320 LB#47
Dallas, Texas 75243
972-243-2613

Contact:
Don Lokke, Jr, CEO
Lokke Advertising
7721 El Padre Lane
Dallas, Texas 75248
972-490-5167

Petroleum Newsfeed to Revolutionize Energy News Distribution

Dallas, TX - The Petroleum Newsfeed announced the commencement of operations. The news distributor will focus on the Petroleum Industry accepting press and news releases from independent sources.

The Petroleum Newsfeed will use the latest technologies to deliver news items to key industry, investment and media members while seeking partner web sites to broaden news distribution. Submitted material will be evaluated for topical relevance and distributed via RSS technologies in coordination with aggregators Mondo Times, Yahoo, BlogDigger, Rocket and others. In addition articles will be available online at www.PetroleumNewsfeed.com. Distribution tools will also include email, podcast and IM technologies on a voluntary participation basis. The service is at the hub of a growing energy network of web sites with it's content syndicated to affiliate sites for broader distribution. The Petroleum Newsfeed will be carried in over 4600 existing web sites with monthly traffic of over 2 million visitors.

Through an investment worth over $2.3 million, the Petroleum Newsfeed has secured the guaranteed delivery of 100 million banner ads over the next 5 years through online advertising networks owned by the founder. According to Donald H Lokke Jr., CEO, of Lokke Advertising, "We are leveraging our massive web networks to provide the Petroleum Newsfeed with unprecedented exposure." In addition. the Newsfeed reaches over 2400 top industry professionals, 900 press representatives and thousands of investors through it's extensive database of media and corporate contacts.

According to Don Lokke Jr., the Petroleum Newsfeed founder, "We are seeking to improve coverage of important events in the Petroleum Industry both for industry members and for investors. Our facility will give the industry a modern news delivery system that is completely dedicated to the Petroleum Industry." He continues, "This is the newsfeed that provides access to both large and small industry participants. We will become the place to find the first news from companies large and small that are making technological advances, financial investments and actively engaged in every aspect of the Petroleum Industry."

The Petroleum Newsfeed is designed to serve the industry carrying announcements regarding technology, underlying science, academic research, field discoveries, business agreements, personnel changes, mergers and acquisitions, performance reports, investor news and product news.

Donald H Lokke Jr., CEO of Lokke Advertising and founder of the Petroleum Newsfeed is the son of the late Paleontologist, Researcher and heavily published Geology Educator, Donald H. Lokke. The student of a patient and creative father, his background in Geology started early in life as Don senior, a life-long, field-oriented, paleontologist/professor, rattled off the mile markers and surface formations on every trip short or long. Road cuts were logical rest stops and the perfect chance to observe the differences between reverse and normal faults, even synclines, anticlines, interrupting the layered sedimentary stratigraphy. Core samples were paper weights and used drill bits door stops. Dip and slope were scientific terms and not personal descriptions. Thin sections cut, ground and photographed and studied for research articles in the Journal of Paleo. After growing up in a loving and educational geology home, and over 3-years of formal geology course work in college including a year as lab technician, Don Lokke, Jr. decided to broaden his interests and completed his degree in Advertising from Texas Tech in Lubbock. Now with over 30 years in advertising, working for a wide range of clients in all fields, and after building massive international web networks, Don Jr. decided it was the perfect time to apply a lifetime of communication experience to his Petroleum roots resulting in the Petroleum Newsfeed

DOE to Sell 35,000 Barrels of Oil from the Northeast Home Heating Oil Reserve

WASHINGTON, DC - The U.S. Department of Energy announced today that it will sell approximately 35,000 barrels of home heating oil from the Northeast Home Heating Oil Reserve (NEHHOR). The Reserve’s current 5-year storage contracts expire on September 30, 2007 and market conditions have caused new storage costs to rise to a level that exceeds available funds.

Revenue from the sale will be used to supplement funds for the award of new long-term storage contracts that will begin on October 1, 2007. The Department will work with Congress to resolve these funding issues in order to restore the inventory of the Reserve to its full authorized size.

The sale of heating oil from the Reserve’s site in Providence, Rhode Island will commence June 13, 2007, using an interactive on-line bidding system. Bidding will close on June 14th and a contract will be awarded to the successful bidder the same day.

The sale of 35,000 barrels represents less than 2% of NEHHOR’s authorized capacity of 2 million barrels of home heating oil authorized by Congress in the Energy Policy Act of 2000. Since it was established, home heating oil supplies have never been disrupted to the extent that NEHHOR needed to be tapped.

Chevron Announces Gas Sales Agreement to Supply Additional Gas From the East Coast Marine Area in Trinidad and Tobago

SAN RAMON, Calif., May 29, 2007 -- Chevron Corporation (NYSE: CVX) today announced that its affiliate Chevron Trinidad and Tobago Resources SRL and partner BG Group have entered into a gas sales agreement with the National Gas Company of Trinidad and Tobago Limited (NGC) for the supply of 220 million standard cubic feet of natural gas per day for a term of 11 years, with an option to extend for another four years. Deliveries are expected to begin in 2009.

The natural gas is expected to be sourced from the Dolphin Field, located approximately 52 miles off the east coast of Trinidad in the East Coast Marine Area (ECMA). First commercial production from Dolphin began in 1996. Four new development wells are planned to provide the additional gas to be delivered to NGC for use in the Trinidad and Tobago domestic market. Chevron and operator British Gas each have a 50 percent working interest in the ECMA.

"The agreement with NGC represents Chevron's continued commitment to work with the Trinidad and Tobago government to meet the island's increasing demand for natural gas," said Ali Moshiri, managing director for Chevron's Latin America Business Unit and president of Chevron Trinidad and Tobago Resources. "Chevron plans to work closely with the government to promote additional development of Trinidad and Tobago's natural gas reserves, its local market and further liquefied natural gas (LNG) growth in the island."

"Chevron's resources and exploration opportunities in Latin America and the Caribbean can allow us to expand the domestic gas market, build new export pipelines and increase sales to the regional LNG markets. This recent agreement is an additional step for Chevron to expand its production in the region and monetize its resource base," added John Watson, president of Chevron International Exploration and Production.

Chevron Corporation is one of the world's leading energy companies. With approximately 56,000 employees, Chevron conducts business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing, and distributing fuels and other energy products. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

Cautionary Statement Relevant to Forward-Looking Information for the Purpose of "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995

This press release of Chevron Corporation contains forward-looking statements relating to Chevron's operations in Trinidad and Tobago that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. U.S. Securities and Exchange Commission (SEC) rules permit oil and gas companies to disclose only proved reserves in their filings with the SEC. This press release contains estimates of natural gas quantities contained in the Dolphin Field, which may not be limited to proved reserves, and that may not be permitted to be included in disclosures in documents filed with the SEC. U.S. investors should refer to disclosures in Chevron's Annual Report on Form 10-K for the year ended December 31, 2006.

PetroleumArt.com Offers Illustration Services

Dallas, TX USA - PetroleumArt.com, a new portal for custom order petroleum industry illustration, has opened to service the petroleum industry at all levels. Each illustration is the work of award winning illustrator, Donald H Lokke Jr. Each illustration is hand rendered on computer and output to client specifications. Intended for web sites, publications, proposals and presentations. The illustrations are generally high color, dramatic photo realistic renderings, although other artistic styles are available, completed to client specifications. Sample illustrations are currently displayed on the site with more planned.

Donald H Lokke, Jr. has over 30 years experience illustrating technical and natural subjects. He is responsible for a wide range of technical and artistic illustrations. He has delivered projects in many styles but specializes in a photo realistic high color style that pops off the page. His illustrations make the complicated... art. His dramatic illustrations are memorable for their detail, use of color and contrast.

Illustration services are designed to meet the need for clean dramatic renderings of complicated processes, concepts and equipment. Publications, agencies, in-house marketing departments and advertising managers will be able to place their specific illustration project on the production schedule. All projects are thoroughly researched and completed to specification and can be initially rendered from photos, CAD or other data sets. Technical renderings can be fine art while retaining accuracy

For additional information visit the web site at http://www.PetroleumArt.com or contact

Donald H Lokke Jr at 972-490-5167

Seisma Oil Research's Industry Partner Evans Energy (E2) Launches Their New Web Portal

Boca Raton, FL (PRWEB) January 20, 2009 -- Seisma Oil Research, LLC is pleased to announce the launch of its primary industry partner Evans Energy (E2) ( http://www.evansenergyonline.com/ ) recently revamped website. E2's newly up-graded website offers all the same great features as the previous site; however, E2 has made their new site a lot more user-friendly with its re-engineered design, and navigation along with their updated corporate look and greatly expanded content.

Expanded Content And New Tools

In an effort to provide much more information and background on E2 than previously the site now incorporates eight distinct areas:

Home
Our Rigs
E2TV
Partners
Links
Contact Us
Investing in Energy
Finding Energy
E2 News Center
Drill Site Gallery
Investor Quick Link

By employing the latest streaming media technology ( http://www.evansenergyonline.com/E2TV.htm ) on their site Evans is able to provide visitors with a "hands on" experience that helps them to better understand the extent to which E2 goes everyday to be a leader in the contract drilling business. Video is available on the mechanics of a rig and a rig's functions, and there is also flash animation on a rig's components. Couple these with detailed reports on how to invest in the energy business, and how E2 goes about finding the petrochemical products that they have found in over 400 wells throughout Mississippi, Alabama, Louisiana and Texas, and visitors can see why Evans Energy is an industry leader.

The "Partners" area of the site, where E2 makes mention of the valued associations ( http://www.evansenergyonline.com/Partners.htm ) they rely on to be a first class player, lists Seisma Oil Research as one of the pieces that makes doing business with E2 anything but a puzzle:

"Most independent oil companies must contract their drilling to unaffiliated third parties that have no vested interest in hitting the well. Many drillers receive bonuses for how fast they finish a well. An environment like that can create havoc on sensitive areas down hole and can ruin an otherwise strong prospect," says Justin Solomon of Seisma. "With Evans Energy as a partner, we can be assured that great care will go into drilling our wells. We know Lavon Evans personally and know that he will treat our wells like his very own."

Another important and invaluable feature of the E2 gateway is the area that they provide for all of their invested partners. A state-of-the-art, fully secure backend powered by NeoFirma, themselves an industry icon. Founded in 2003 and managed with a breadth of expertise from network-application design, database management, and hydrocarbon production, Neofirma has all of the necessary skills and technology to create the foundation of information that energy executives need to improve asset values. In August 2007, Neofirma established its corporate headquarters in Dallas, Texas:

From prospecting and exploration through operations, NeoFirma provides independent E&P companies and service providers the ability to create improved value through its web-based information services. Neo- Firma's services create performance reports and graphs to manage every point of the well's life cycle - assisting clients in the business decision process with the right information, at the right time, and at the right place. Evans Energy was one of our first customers to recognize the advantages of real time drilling data.

To take a look at E2's new web portal and see for yourself why Seisma Oil Research, LLC, and many others, have chosen Evans Energy for the most important task of well drilling and completion follow this link: http://www.evansenergyonline.com/.

Gulftex Operating, Inc. Announces Completion of the McClendon #2-H

February 5, 2009 - Dallas, Texas - Gulftex Operating, Inc., the contract operator and driller for Crusader Energy Group Inc. (Amex: KRU) out of Oklahoma City, Oklahoma and XTO Energy (NYSE:XTO) out of Fort Worth, Texas, announced the successful completion of McClendon #2-H in the core area of the Barnett Shale, in Denton County, Texas. According to Tim
Burroughs, President of Gulftex Operating, Inc., "The McClendon #2-H achieved an initial meter reading of over 5,000 mcf per day." The well was completed to 10,625' total measured depth (TMD) including approximately 2,200' horizontal in the Barnett Shale formation. The McClendon #2-H is the most recent of 19 wells participated in by Gulftex Operating, Inc. in the core area of the Fort Worth Basin.

Tim Burroughs, founder of Gulftex Operating credits the company's hard working team and over 30 individual service providers that contributed to the success of the McClendon #2-H including Liberty Pressure Pumping LP out of Denton County, Texas, a Trican Well Service Company. "We select the most experienced suppliers in the business to insure the best possible results for our partners. The McClendon #2-H is a prime example.", according to Tim Burroughs, Gulftex Operating President. Gulftex Operating's use of cutting edge technology and applications result in enhanced rate and production, a huge advantage at current energy prices.

Gulftex Operating, Inc. has plans to drill at least five additional wells in 2009 targeting the Barnett Shale core area of Denton County and has been aggressively leasing in Denton County, Texas.

The Barnett Shale of the Fort Worth basin is a Mississippian Shale that is the reservoir for one of the largest unconventional gas accumulations in the United States. The Barnett Shale has benefited from the application of technological advances in stimulation and horizontal drilling. While these technologies are not new, their application to the Barnett Shale has resulted in significantly improved economics and opened up new areas previously too expensive to produce. These new advances and applications have resulted in greatly improved rate and reserve profiles. Gulftex Operating, Inc.'s development activities in the Fort Worth Basin are comprised of horizontal drilling and utilizing multi-stage stimulation completion techniques.

ABOUT GULFTEX OPERATING, INC.

In 1996 Gulftex Operating, Inc. became a contract operator to TBX Resources, Inc. with over 100 operating wells in East Texas and Louisiana. Today Gulftex Operating, Inc. has a successful exploration, drilling and production track record participating in over 35 wells in the Barnett Shale. The Gulftex record includes an impressive 19 wells in the core area of the Barnett Shale, Denton County, Texas. Tim Burroughs, President of Gulftex Operating, Inc. has spent the last 14 years building Gulftex Operating, Inc. Top energy companies including XTO Energy, Crusader Energy, Devon Energy, Conoco Phillips, Williams Companies and others have partnered with Gulftex Operating, Inc. on Barnet Shale projects.

The Gulftex Operating, Inc. has a primary focus on the development of conventional and unconventional resource plays which includes the application of horizontal drilling and cutting edge completion technology aimed at developing shale and
tight sand reservoirs. The Gulftex assets are located in various domestic basins, the majority of which are in the Ft. Worth Basin, Barnett Shale.

For other information regarding Gulftex Operating, Inc., please visit the Company's Internet Web site at http://www.GulftexOperating.com.

FORWARD-LOOKING STATEMENT DISCLOSURE

This press release contains "forward-looking statements" within the meaning of the Federal securities laws and regulations. Forward-looking statements are estimates and predictions by management about the future outcome of events and conditions that could affect Gulftex's business, financial condition and results of operations. We use words such as, "will," "should," "could," "plans," "expects," "likely," "anticipates," "intends," "believes," "estimates," "may," and other words of similar expression to indicate forward-looking statements.

There is no assurance that the estimates and predictions contained in our forward-looking statements will occur or be achieved as predicted. Any number of factors could cause actual results to differ materially from those referred to in a forward-looking statement, including drilling risks, operating hazards and other uncertainties inherent in the exploration for, and development and production of, oil and natural gas; volatility in oil and natural gas prices, including the adverse impact of lower prices on the amount of our cash flow available to meet capital expenditures, our ability to borrow and raise capital and on the values attributed to our proven reserves; drilling and operating risks in the unconventional shales and other reservoirs in which we operate, including uncertainties in interpreting engineering, reservoir and reserve data; the availability of technical personnel and drilling equipment; the timing and installation of processing and treatment facilities, third-party pipelines and other transportation facilities and equipment; changes in interest rates; and increasing production costs and other expenses.

Further information on risks and uncertainties affecting our business is described under Risk Factors are available in our reports filed with the SEC which are incorporated by this reference as though fully set forth herein. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE Gulftex Operating, Inc.

Contact:
Tim Burroughs, CEO
Gulftex Operating, Inc.
3030 LBJ Freeway Suite 1320 LB#47
Dallas, Texas 75243
972-243-2613

Don Lokke, Media Relations
Lokke Advertising
Don@LokkeAdvertising.com
972-490-5167

Black Gold is Green

Dallas, TX - It's important to understand the reality of renewable energy. The much heralded transition to renewable energy may be dependent on petroleum.
Production and maintenance of wind turbines and solar panels are dependent on petroleum products and petroleum produced energy. Whether you are talking about the resins required to produce carbon fiber turbine blades, the energy needed to produce carbon fiber itself, the wire wrapped generators or the grease to keep it all spinning, wind energy relies on petroleum. Bearings, castings, coatings, paint and even the transportation to move a wind turbine from factory to field depends on a healthy oil industry. On the solar side, silicon cells, wires, glass, Plexiglas, panel cases, mounts and factory to field transportation all use petroleum energy. The role of oil and natural gas in the transition to alternative energy is critical.

Any artificially increased cost or tax on petroleum or petroleum products heavily impacts "the green transition". Taxing domestic petroleum production could be counterproductive to the economy and slow any transition. Petroleum still has a huge role to play in maintaining our civilization, economy and freedoms. Insuring a viable domestic petroleum industry is necessary and advantageous.

It seems even the new alternative energy industry is dependent on the highest quality petroleum products for manufacture and day to day operation. - Petroleum Newsfeed Editor - Don Lokke, Jr.

Editorial: The Truth Regarding Barnett Shale Air Quality Issues

Recent reports of a study conducted for the Environmental Defense Fund by Research Associate Professor of Environmental Engineering, Dr. Al Armendariz of Southern Methodist University are interesting. The study could shed new light how environmental interest groups plan to approach the issues surrounding increases in domestic production of fossil fuels.

Oil and gas producers in the Barnett Shale have always been actively involved in minimizing environmental impact. Operators have been subject to some of the most restrictive state and municipal rules and regulations. Barnett Shale operators have led the industry, implementing innovative procedures and technologies to minimize the impact on residents and communities where they are forced to drill and produce. Environmental impact has always been a major issue in the Barnett Shale because of it's proximity to developed communities.

The report, commissioned by the Environmental Defense Fund, projects oil and gas production originated emissions and compares them to DFW area auto emissions, a comparison that may warrant further investigation. In light of recent announcements of cuts in 2009 budgets for new drilling in the Barnett Shale. It would seem that any study making a projection would need to factor in the changing economic environment.

Yet another concern in the comparison of DFW vehicle emissions to oil and gas emissions in the Barnet Shale is the important geographic difference in the two sources of emissions. Much of the Barnett Shale production is disbursed largely north and south but mainly west of the relatively higher DFW pollution concentrations. The study reports higher concentrations of emissions in the summer. Prevailing summer winds would typically disburse any emissions to the north and west of the problematic Trinity River Valley where DFW vehicle emissions are largely concentrated by a combination of summer heat, humidity and heat inversions.

Because core production in the Barnett Shale is largely north and west of the Metroplex, it benefits from generally dryer humidity and higher prevailing winds, an atmosphere typically better able to disburse emissions of all kinds. It might be interesting to get actual air quality records for the area.

It would also be helpful to differentiate between emissions caused by drilling, production, transportation and refining activities. The combination of activities in the Barnett Shale is constantly changing.

Submitted by Don Lokke - Petroleum Newsfeed

Blast Energy Services Increases Production Flow Rates in the Austin Chalk

HOUSTON, Feb. 12 /PRNewswire-FirstCall/ -- Blast Energy Services, Inc. (OTC:BESV) (BULLETIN BOARD: BESV) reported positive production results from two wells in the Austin Chalk formation, where it recently applied its lateral fluid jetting services. The two Reliance Oil and Gas wells are each producing approximately 33 barrels of oil per day and the production rate continues to increase. Based on the performance to date, Reliance expects that over the next few weeks the daily production rate could more than double the typical rates from newly drilled wells in this area of South Texas.

"These results provide concrete proof that Blast's lateral jetting service will provide dramatically higher initial flow rates relative to conventional well completions. This success, along with hiring a new Manager of Rig Operations, represents another important step toward the full commercialization of our horizontal completion technology," said John O'Keefe, President and CEO of Blast.

At a depth of approximately 2,700 feet, the Blast Rig #1 had jetted a total of 20 laterals up to ninety feet in length at three separate depths in two newly drilled wells. The laterals were cut at a rate of approximately 1.5 feet per minute using water, acid and certain other additives under a pressure of approximately 3,000 psi.

Having achieved higher initial flow rates, Reliance expects to proceed with a new seven-well project and receive funding for an additional 18 wells in the area under the planned drilling program. Once the wells are drilled, Blast will again provide its applied fluid jetting services. Furthermore, Blast believes that such results could dramatically improve the economic performance of vertical wells in the Austin Chalk or other limestone formations and allow operators to grow production in an area that was previously believed to be marginally economic due to low flow rates.

In addition to validating the application of this technology in the Austin Chalk, Blast is actively marketing its service to other operators for the Chalk and other horizons. For example, Blast recently signed up to a 100-well program to jet a similar shallow limestone formation in Kentucky on behalf of Resource Extraction Technologies, Inc. on a revenue sharing basis.

In related news, Blast has also recently hired Larry (Al) Solansky to serve as their Manager of Rig Operations. Mr. Solansky has many years of experience in machining and coiled tubing rig operations, including as a Supervisor overseeing coiled tubing operations in California and Oklahoma for Schlumberger for the last eight years. He is hiring a crew and will manage the rig operations with Reliance, RET, and all new customers as Blast moves toward full commercial deployment of its applied fluid jetting operations.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include risk factors including but not limited to: the likelihood that the customer lawsuits result in meaningful proceeds, the ability to raise necessary capital to fund growth, adequate liquidity to manage operations and debt obligations, the introduction of new services, commercial acceptance and viability of new services, fluctuations in customer demand and commitments, pricing and competition, reliance upon lenders, contractors and vendors, the ability of Blast Energy Services' customers to pay for our services, together with such other risk factors as may be included in the Company's filings on its periodic filings on Form 10-K, 10-Q, and other current reports. Blast Energy Services, Inc. takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Blast.
Source: Blast Energy Services, Inc.

Web Site: http://www.blastenergyservices.com/

Paul H. Cheong Joins Gulftex Operating, Inc. and TBX Resources, Inc.

February 18, 2009 - Dallas, Texas - Gulftex Operating, Inc. announces, Paul H. Cheong has joined Gulftex Operating, Inc. as Senior Reservoir Engineer and Exploration Manager. Paul H. Cheong will also serve as an adviser to TBX Resources, Inc.

According to Tim Burroughs, Gulftex Operating, Inc., President, "We felt the time was right to bring in top reservoir engineering talent and Paul Cheong has the kind of expertise we needed to manage our existing assets and help evaluate future opportunities. As Senior Reservoir Engineer and Exploration Manager, Paul will make a huge contribution to our highly skilled management team and the company's aggressive growth plans."

Before joining Gulftex Operating, Inc., Paul Cheong served as Reservoir Surveillance Manager for Exxon/Mobil Production Company of Houston, Texas. There, he was responsible for reservoir engineering support of Middle East, CIS and African assets. Prior to that, Paul was Reservoir Engineering/Technical Manager for Mobil Producing Nigeria in Lagos, Nigeria where he led the Reservoir Engineering department of Mobil's highest-growth E&P affiliate.

Paul spent over 20 years in various capacities for Mobil Oil Corp. including Reservoir Simulation Engineering Planning and Research and Development. Prior to that, Paul was a reservoir engineer for Arabian American Oil Company (ARAMCO) in Saudi Arabia.

Paul Cheong holds a PhD in Chemical Engineering from California Institute of Technology, a Bachelor of Chemical Engineering from the University of Minnesota with High Distinction and Bachelor of Mathematics, University of Minnesota, with High Distinction and is a member of the Society of Petroleum Engineers.

ABOUT GULFTEX OPERATING, INC.

In 1996 Gulftex Operating, Inc. became a contract operator to TBX Resources, Inc. with over 100 operating wells in East Texas and Louisiana. Today Gulftex Operating, Inc. has a successful exploration, drilling and production track record participating in over 35 wells in the Barnett Shale. The Gulftex record includes an impressive 19 wells in the core area of the Barnett Shale. Tim Burroughs, President of Gulftex Operating, Inc., has spent the last 14 years building Gulftex Operating, Inc. Top energy companies including XTO Energy, Crusader Energy, Devon Energy, Conoco Phillips, Encana and others have partnered with Gulftex Operating, Inc. on Barnett Shale projects.

The Gulftex Operating, Inc. has a primary focus on the development of conventional and unconventional resource plays which includes the application of horizontal drilling and cutting edge completion technology aimed at developing shale and tight sand reservoirs. The Gulftex assets are located in various domestic basins, the majority of which are in the Ft. Worth Basin, Barnett Shale.

For other information regarding Gulftex Operating, Inc., please visit the Company's Internet Web site at http://www.GulftexOperating.com.

FORWARD-LOOKING STATEMENT DISCLOSURE

This press release contains "forward-looking statements" within the meaning of the Federal securities laws and regulations. Forward-looking statements are estimates and predictions by management about the future outcome of events and conditions that could affect Gulftex's business, financial condition and results of operations. We use words such as, "will," "should," "could," "plans," "expects," "likely," "anticipates," "intends," "believes," "estimates," "may," and other words of similar expression to indicate forward-looking statements.

There is no assurance that the estimates and predictions contained in our forward-looking statements will occur or be achieved as predicted. Any number of factors could cause actual results to differ materially from those referred to in a forward-looking statement, including drilling risks, operating hazards and other uncertainties inherent in the exploration for, and development and production of, oil and natural gas; volatility in oil and natural gas prices, including the adverse impact of lower prices on the amount of our cash flow available to meet capital expenditures, our ability to borrow and raise capital and on the values attributed to our proven reserves; drilling and operating risks in the unconventional shales and other reservoirs in which we operate, including uncertainties in interpreting engineering, reservoir and reserve data; the availability of technical personnel and drilling equipment; the timing and installation of processing and treatment facilities, third-party pipelines and other transportation facilities and equipment; changes in interest rates; and increasing production costs and other expenses.

Further information on risks and uncertainties affecting our business is described under Risk Factors are available in our reports filed with the SEC which are incorporated by this reference as though fully set forth herein. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE Gulftex Operating, Inc.

Contact: Tim Burroughs, CEO Gulftex Operating, Inc. 3030 LBJ Freeway Suite 1320 LB#47 Dallas, Texas 75243 972-243-2613

Don Lokke, Media Relations Lokke Advertising Don@LokkeAdvertising.com 972-490-5167

Patrick E. Lee Joins Gulftex Operating, Inc. and TBX Resources, Inc.

February 18, 2009 - Dallas, Texas - Gulftex Operating, Inc. announces, Patrick E. Lee has joined Gulftex Operating, Inc. as Senior Acquisitions and New Business Manager. Patrick E. Lee will also serve as adviser to TBX Resources, Inc.

"Patrick Lee's addition to Gulftex Operating, Inc. represents a commitment to growth in 2009 and beyond. We recognize the opportunities to build reserves and expand our portfolio. Patrick has the experience to help us navigate asset values and evaluate potentials in targeted assets. As a professional engineer with strong petroleum and environmental background, Patrick brings years of experience in acquisition and divestiture of reserves, field development studies and economic evaluation of business opportunities." according to Gulftex Operating, Inc. President, Tim Burroughs.

With over 32 years experience Patrick Lee has, most recently been active in capital acquisition, marketing and strategic alliances at Brownfields Capital, LLC in Denver Colorado where he was Managing Director and Partner. His experience in assessment of environmental risk related to mergers, divestiture and acquisition guided clients in his role as Principal with EMC2 and Strategic Environmental Management, LLC. While Manager of Environmental Engineering for Phelps Dodge and Cyprus Amax he provided technical direction and program management for the nation-wide remedial operations budgeted at $100 million covering 17 states and over 50 sites. He successfully negotiated and sold the CERCLA Superfund site removing a $17 million liability from the balance sheet.

Patrick Lee holds a Bachelor of Engineering Science (Mechanical) from the University of Western Ontario and Master of Business Administration from the Richard Ivey School of Business, University of Western Ontario.

ABOUT GULFTEX OPERATING, INC.

In 1996 Gulftex Operating, Inc. became a contract operator to TBX Resources, Inc. with over 100 operating wells in East Texas and Louisiana. Today Gulftex Operating, Inc. has a successful exploration, drilling and production track record participating in over 35 wells in the Barnett Shale. The Gulftex record includes an impressive 19 wells in the core area of the Barnett Shale. Tim Burroughs, President of Gulftex Operating, Inc. has spent the last 14 years building Gulftex Operating, Inc. Top energy companies including XTO Energy, Crusader Energy, Devon Energy, Conoco Phillips, Encana and others have partnered with Gulftex Operating, Inc. on Barnet Shale projects.

The Gulftex Operating, Inc. has a primary focus on the development of conventional and unconventional resource plays which includes the application of horizontal drilling and cutting edge completion technology aimed at developing shale and tight sand reservoirs. The Gulftex assets are located in various domestic basins, the majority of which are in the Ft. Worth Basin, Barnett Shale.

For other information regarding Gulftex Operating, Inc., please visit the Company's Internet Web site at http://www.GulftexOperating.com.

FORWARD-LOOKING STATEMENT DISCLOSURE

This press release contains "forward-looking statements" within the meaning of the Federal securities laws and regulations. Forward-looking statements are estimates and predictions by management about the future outcome of events and conditions that could affect Gulftex's business, financial condition and results of operations. We use words such as, "will," "should," "could," "plans," "expects," "likely," "anticipates," "intends," "believes," "estimates," "may," and other words of similar expression to indicate forward-looking statements.

There is no assurance that the estimates and predictions contained in our forward-looking statements will occur or be achieved as predicted. Any number of factors could cause actual results to differ materially from those referred to in a forward-looking statement, including drilling risks, operating hazards and other uncertainties inherent in the exploration for, and development and production of, oil and natural gas; volatility in oil and natural gas prices, including the adverse impact of lower prices on the amount of our cash flow available to meet capital expenditures, our ability to borrow and raise capital and on the values attributed to our proven reserves; drilling and operating risks in the unconventional shales and other reservoirs in which we operate, including uncertainties in interpreting engineering, reservoir and reserve data; the availability of technical personnel and drilling equipment; the timing and installation of processing and treatment facilities, third-party pipelines and other transportation facilities and equipment; changes in interest rates; and increasing production costs and other expenses.

Further information on risks and uncertainties affecting our business is described under Risk Factors are available in our reports filed with the SEC which are incorporated by this reference as though fully set forth herein. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE: Gulftex Operating, Inc.

Contact:
Tim Burroughs, CEO
Gulftex Operating, Inc.
3030 LBJ Freeway Suite 1320 LB#47
Dallas, Texas 75243
972-243-2613

Don Lokke, Media Relations
Lokke Advertising
Don@LokkeAdvertising.com
972-490-5167