Texhoma Energy, Inc.

Texhoma Energy, Inc.

October 25, 2006 08:30 ET

Texhoma Energy, Inc.'s Management Believes that the Company's Common Stock is Undervalued and May Purchase Shares of Common Stock in the Public Market

HOUSTON, TEXAS--(CCNMatthews - Oct. 25, 2006) - Texhoma Energy, Inc. (PINK SHEETS:TXHE) announced today that its management believes that the company's common stock is undervalued at the current trading price of its common stock, and may purchase shares of common stock in the open market.

The company's management believes that the current trading value of its common stock does not represent the true value of the common stock, based on the company's current oil and gas producing properties and its prospects for growth. Therefore, Texhoma's management may purchase shares of the company's common stock from time to time in the open market or in private transactions in the upcoming weeks, reflecting management's confidence in the company's long-term prospects.

Texhoma is committed to the application of innovative technologies and strong management skills towards the discovery and development of a diverse portfolio of high value, low risk oil and gas projects. The company is actively pursuing opportunities in Texas in and Louisiana.

Texhoma encourages investors and shareholders to visit the Company's website, or the SEC website of www.sec.gov to review the Company's filings, for accurate information on the Company.

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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