Texhoma Energy, Inc.

Texhoma Energy, Inc.

December 19, 2006 08:30 ET

Texhoma Energy, Inc.: Production of Schiurring No. 2 Well

HOUSTON, TEXAS--(CCNMatthews - Dec. 19, 2006) - Texhoma Energy, Inc. ("Texhoma") (PINK SHEETS:TXHE) is pleased to announce that the operator, Sunray Operating Company LLC ("Sunray"), has completed the Schiurring No. 2 well at the Buck Snag prospect in Colorado County, Texas. The well was perforated from 3812 to 3815 feet and turned to sales on December 18th, 2006.

Sunray estimates dry gas production at a rate of up to 250 mcfd.

Texhoma has a 12.5% back-in right into the well after payout which can be anticipated as early as six months from commencement of production.

Safe Harbor Statement: "This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein." The Company takes no obligation to update or correct forward-looking statements and also takes no obligation to update or correct information prepared by third parties that is not sanctioned by the Company.

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