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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.

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management

Gilbert Steedley

President and CEO

Gilbert Steedley has over twenty years of business development, industry research, and corporate finance experience across a diverse range of industries, including, and at the forefront, the energy industry.   He is the founder of INU, which provides small cap public/private companies with capital market intelligence. Mr. Steedley has a close link with Wall Street operations, having served as Senior Vice President of Business Development for Able Global Partners, a New York City based merchant bank; Director of Issuer Services and a Director of Equities Business Development with the American Stock Exchange (AMEX); and Senior Research Analyst of Issuer Services with NASDAQ. In his role at AMEX, Mr. Steedley worked with clients concerning listing requirements on the exchange.

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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.

Texhoma continues to seek to expand its portfolio of assets.

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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.

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investors

Company News

 

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.)

Press Release -June 10, 2014
Texhoma Energy, Inc. launches new company website and gives updated status on the company and its current financial filing status.
(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

For more information contact:  Synergy Investor Relations   - 888-259-9173

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