Texas Oil and Minerals to Add Additonal Acreage in DeWitt County

Texas Oil and Minerals have commenced an evaluation of the prospect of acquiring an additional 156 acres that adjoins the prospective 227 acre lease block in DeWitt County, Texas, a well-known oil and gas producing area. Upon completion, this additional acreage, with the original 227 acreage block, will substantially increase the prospect reserves in the Upper Wilcox formation. In addition, it will bring into play the shallower Yegua Sand, providing the Company a block of acreage large enough to drill a test well to the Middle and Deep Wilcox Sands at approximately 10,000 feet.