SOURCE: TexCom, Inc.

TexCom, Inc.

November 11, 2009 11:29 ET

TexCom to Present at New York Private Equity Conference

HOUSTON, TX--(Marketwire - November 11, 2009) - TexCom, Inc. (PINKSHEETS: TEXC), a growth company providing disposal of non-hazardous oilfield waste, today announced that President and Chief Executive Officer, Lou Ross, will be presenting at the PRIVATE EQUITY 2009 National Venture Summit & Emerging Growth Forum at the Yale Club in New York City, November 18, 2009.

TexCom's presentation will outline the company's current position in the disposal of waste generated by oil and gas production as well as growth prospects for the coming years. The presentation will be available on TexCom's website www.texcomresources.com on the same day.

Ross commented, "We want to bring our company's financial performance, growth prospects and position in the industry to the attention of the capital markets and specifically how increasing our ownership in our disposal company, MB Environmental Services, LLC (MBES), has provided a platform from which we can scale our presence in the Environmental Services industry."

ABOUT TEXCOM

TexCom, Inc., headquartered in Houston, Texas, is a growth-oriented company with current operations in disposal of Class II non-hazardous oilfield waste (NOW). TexCom disposes of nonhazardous materials generated by oil and gas exploration and production and is engaged in a process to expand its interests to the disposal of Class I nonhazardous industrial wastewater, serving the refining and petrochemical industries.

ABOUT MBES

MBES is a Class II nonhazardous oilfield waste (NOW) disposal company providing disposal service for the oil and gas exploration industry in East Texas and the Gulf of Mexico since 1997. www.mbenvironmental.net

Forward-Looking Statements

Statements contained herein and the information incorporated by reference herein may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). Forward-looking statements can be identified by the use of forward-looking terminology such as, but not limited to, "may," "will," "expect," "anticipate," "estimate," "would be," "believe," or "continue" or the negative or other variations of comparable terminology. We intend such forward-looking statements to be covered by the safe harbor provisions applicable to forward-looking statements contained in Section 21E of the Exchange Act. Such statements (none of which is intended as a guarantee of performance) are subject to certain assumptions, risks and uncertainties, which could cause our actual future results, achievements or transactions to differ materially from those projected or anticipated.

Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, or performance and underlying assumptions and other statements, which are other than statements of historical facts.

These statements are subject to uncertainties and risks including, but not limited to, product and service demands and acceptance, changes in technology, economic conditions, the impact of competition and pricing, and government regulation and approvals. TexCom cautions that assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those TexCom expects include changes in soybean, canola and crude oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business.

Our expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis, including without limitation, our examination of historical operating trends, data contained in our records and other data available from third parties. There can be no assurance, however, that our expectations, beliefs or projections will result, be achieved, or be accomplished. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no duty to update these forward-looking statements.

Contact Information

  • Contacts:
    TexCom, Inc.
    Management contact
    Britt Brooks
    EVP
    713-914-9193
    Email Contact