Texhoma Reports Successful SW La. Workover

Texhoma Energy, Inc. said that Peoples Energy Production, operator of the Edgerly Field in Calcasieu Parish, La., has completed the workover of the North American Land (NAL) #3 well. A submersible pump has been installed and production has stabilized at a rate of 320 barrels of oil per day (BOPD).

On January 16, 2007, Texhoma reported that the NAL #4 well was producing 30 BOPD after a workover. That rate has steadily increased since our last release and now the well is producing at a stabilized rate of 83 BOPD.

Texaurus Energy, Inc., a wholly owned subsidiary of Texhoma, owns an 11.76% working interest in the Edgerly Field which has four producing wells. The Field is now producing 550 BOPD (gross).

Mr. Maxwell, President and CEO, commented that the workovers were a success and expectations are that production of the NAL #3 well will further improve over the next couple of weeks. Already with 65 BOPD net to the Company the sales revenue on a monthly basis is about $120,000 from the Edgerly Field alone.