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Texhoma Energy, Inc. engages in the acquisition, exploration and production of crude oil and natural gas. The company’s primary focus has been on south Louisiana and east Texas, including near-shore Gulf of Mexico. With the sale of its Louisiana properties, the company has begun to replenish its oil and gas holdings in accordance with its traditional business model as well as to seek non oil and gas opportunities as they arise.

The company’s objective is to generate value by locating and acquiring opportunities with low risk and high potential for cash flow generation. Each opportunity is carefully evaluated by the company’s technical team and selected from a pipeline of opportunities including auction sites.

management

William (“Mike”) Simmons

CEO

Mr. Simmons is a seasoned oil and gas industry professional with more than thirty years hands-on global experience in a variety of roles ranging from deal creation, development and execution to investment research, analysis and advising. He was founder of Loosbrock Offshore in 1987, an offshore drilling rig brokerage and advisory company and has served as a director, partner, and executive for a variety of companies. Mr. Simmons is a 1980 graduate of Texas A&M.

property

Texhoma’s primary former assets held included three leases located in Allen, Vermillion, and Calcasieu Parishes, Louisiana. The working interests ranged between 8.00% and 11.76% with a net revenue interest varying between 5.84% and 8.47%.

August 2014, Texhoma won the auction for a 0.016589% royalty interest in the Shooter 916 Lease located in Ochiltree County, Texas and 0.25% overriding royalty interest in the Tonto North 390 B #3 well located in Scurry County, Texas.

September 2014, the company won the auction for various non-operated working interests in eight (8) wells located in Gregg and Upshur Counties, Texas. The working interest ownership interest percentages vary between .053985% and .54487%.

Texhoma continues to seek to expand its portfolio of assets.

objective

Texhoma’s objective is to grow through small-scale acquisitions building off each, to achieve long-term sustainable success.  Securing low risk producing assets is a priority.  As cash flow increases, the company plans to expand its program to include more production and exploration opportunities.

investors

Company News

Press Release – June 21, 2016
Texhoma Energy, Inc. Appoints William Simmons as Chief Executive Officer
(click here to read full press release)

Press Release – February 17, 2015
Texhoma Energy, Inc. Agrees To Acquire $500,000 of Oil and Gas Interests From Danish Oil Group
(click here to read full press release)

Press Release – December 4, 2014
Texhoma Energy files audited financials
(cick here to read full press release)

Press Release – September 17, 2014
Texhoma Energy, Inc. wins auctions for Non-operated Working Interest in Eight (8) Wells located in Gregg and Upshur Counties, Texas
(cick here to read full press release)

Press Release -August 21, 2014
Texhoma Energy, Inc. wins auctions for Royalty Interest on two Texas properties and reports that it has filed two years of audited statements
(click here to read full press release)

Company News – August 15, 2014
Texhoma Energy, Inc. successfully negotiated the acquisition of a 0.25% overriding royalty interest in the Tonto North 390 B #3 well located in Scurry County, Texas, which acquisition was funded by its CEO.

Company News – August 14, 2014
Texhoma Energy, Inc. filed audited financial statements for its fiscal years ended, September 30, 2013 and September 30, 2012 replacing unaudited financial statements for the same period.

Company News – August 12, 2014
On August 12, effective September 1, 2014, Texhoma Energy, Inc. won the auction for a 0.016589% overriding royalty interest in the Shooter 916 Lease located in Ochiltree County, Texas, which acquisition was funded by its CEO.

Press Release -July 1, 2014
Texhoma Energy, Inc. Signs Letter of Intent to raise up to $5 million in Growth Capital from Southridge Partners II, LP
(Click here to read full press release.)

Click here for more information on TXHE posted with the OTC Markets

Ticker Symbol: TXHE

SIC: 1311 – CRUDE PETROLEUM & NATURAL GAS

Reporting Status: OTC Pink

Incorporated in: NV, USA – 1998

Transfer Agent: Madison Stock Transfer

Company Officer: Gilbert Steedley

Company Director: Gilbert Steedley