Exploration Acquisition
19 Octubre 2004 - 3:00AM
UK Regulatory
RNS Number:2043E
Texas Oil and Gas PLC
19 October 2004
Announcement
Texas Oil and Gas PlC
Exploration Acquisition
The board of Texas Oil and Gas PLC, the oil producer in East Texas, is pleased
to announce that its wholly owned US operating subsidiary TOGS Energy has bought
into two oil and gas exploration leases in the highly prospective Trinity
Southeast ("TSE") and Trinity Southwest ("TSW") prospects in Runnells County,
West Texas.
The aggregate purchase comprises 25% of the TSE prospect and 5% of the TSW
prospect.
This represents a development of the Company's strategy to pursue exploration
opportunities in Texas.
The workover programme announced in July 2004 remains on target.
Enquiries
Contact details:
Andrew Glendinning - Finance Director
Texas Oil and Gas Plc
Tel: 020 7448 9752
Hansard Communications Plc - PR
Adam Reynolds
Tel: 020 7245 1100
Durlacher - Broker
Matthew Robinson
Tel: 020 7459 3607
This information is provided by RNS
The company news service from the London Stock Exchange
END
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