SOURCE: TexCom, Inc.

September 17, 2008 12:12 ET

TexCom, Inc. Resumes Operations at M.B. Energy

HOUSTON, TX--(Marketwire - September 17, 2008) - TexCom, Inc. (PINKSHEETS: TEXC) reported today that its M.B. Energy, LLC subsidiary resumed operations on Monday morning following a brief shutdown over the weekend due to Hurricane Ike. Located in Chambers County, Texas, one of the areas hardest hit by Ike, M.B. Energy disposes of oil and gas production and drilling waste. Due to the self-contained nature of Exploration and Production operations, many drilling operations in Southeast Texas were quickly back on line following the storm.

Don Black, President of M.B. Energy, stated, "We were back in operation early Monday using generators for our power needs and have been receiving shipments from drilling operators. We want our clients to know that Kyle Smith, George Sampson and Bryn Hawthorn are all safely back on the job operating the M.B. Energy facility."

TexCom also reported that its offices in Houston and its email services remain closed due to lack of electrical power.

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 oil, diesel and agricultural commodity prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in 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