Investor Development Group - BNPD

Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $1,000,000 to $50,000,000 which include seismic and land projects, drilling prospects and the purchase of producing properties. Our team is comprised of highly-skilled industry professionals who leverage their knowledge toward the success of our business. With more than three generations of collective experience, this team of professional and talented production personnel can provide innovative exploration and development solutions focuses on creating exceptional returns in oil and gas through acquisition and exploration. TEXAS OIL AND MINERALS, INC., has a distinctly different structure from other companies in the industry with an emphasis on discovering prolific natural gas fields and Southern U.S. Oil production. Texas Oil and Mineral pursues properties that meet certain investment criteria, while providing a significant upside. We are an environmentally responsible company and always include as our criteria, to engage in exploration projects that will not have unnecessary environmental impact.       

FUNDAMENTALS

The Reserves, Operations & Environmental, Health and Safety Committee of the Board of Directors undertakes, with Management, all of the necessary procedures, policies, and industry practices designed to protect our employees and contractors, as well as members of the public and the environment. We are committed to responsible resource development. 

Operations at both the corporate and field levels are routinely assessed in an effort to identify opportunities to enhance environmental, health and safety performance.

By meeting or surpassing all applicable regulatory requirements, education, and training of personnel on all related policies and procedures, and following industry best practices, we believe our operations are safer for employees, community residents, and stakeholders, in addition to providing minimal environmental impact.

THREE GENERATIONS OF OIL AND GAS PRODUCITION

Mr. Tom Gouger, President of Texas Oil and Minerals, Inc. operating under BNPD (OTC Markets: BNPD), is a third generation oilman.  His grandfather, James G. McCarrick, was a produce distributor from New York who migrated to Corpus Christi, Texas in the 1920s.  McCarrick was presented with an opportunity to become a business partner in the drilling on lands he had acquired from the growers he knew in the produce business after the discovery well in the Agua Dulce Field was drilled in 1928.  The success of this partnership enabled McCarrick to form the McCarrick Oil Company, which operated 125 wells in the field that produced over 53 million barrels of oil.  Ten years later McCarrick Oil obtained leases in the Seeligson Field that produced over 272 million barrels of oil.

Mr. Gouger's father, Tom M. Gouger, Jr., served in World War II and later graduated from the University of Texas.  He worked at his father's bank in Robstown, Texas after graduation, but when they moved to San Antonio where he began working for his father-in-law's oil company. Richardson & Stewart and McCarrick Oil Company.  In the 1950s Mr. Gouger, Jr. became a partner and the name was changed to Stewart and Gouger Drilling.  The two men had many successful projects together, but the most prominent one was Sullivan Wells, located on the Maxine East Field in Live Oak County, Texas, which still actively produces oil and gas today.

Mr. Tom M. Gouger III was hired by his family's company, McCarrick, Gouger, and Mitchell in 1975 to obtain leases and drilling contracts, clear titles, and build surface locations during the first Austin Chalk boom of the Pearsall area.  From 1975-1995 he learned all aspects of drilling and accumulated a vast knowledge of all operations as the company drilled over 25 operated wells and an additional 40 non-operated wells in the Austin Chalk and Gulf Coast region.  They also participated in over 40 wells as a non-operating working interest owner in Wyoming, Oklahoma and Kansas. 

Mr. Gouger purchased 6 of his own wells in 1985 and started Gouger Oil Company.  In 1995 Mr. Gouger started Tejones Operating Corp. and purchased 125 wells in Howard, Glasscock, and Crockett Counties, Texas.  He sold all of these except for the 25 wells in Crockett County in 2004.  Mr. Gouger and his son, Tom M. Gouger IV also established Oilfield Cementing Company in 2001 with the main focus of plugging orphan wells for the Railroad Commission of Texas and Independent Operators.  From 2004 to 2007 they plugged more than 500 wells with depths ranging from 400 to 8,000 feet.  They closed down the company in 2007 and refocused efforts on the purchasing of production and the generation and selling of oil and gas prospects in south Texas. 

Mr. Gouger has currently obtained a number of prospects in South Texas that are ready to drill, or are in the process of obtaining leases on their land.  Mr. Hal Basham, a geologist, joined the company in 2008 to assist Mr. Gouger with the selling and geological review of prospects so that Mr. Gouger has more time to handle daily operations of the company.

Mr. Gouger stated, "As a third generation Independent Oil and Gas Producer/Operator, I am pleased to announce the formation of my new public company, Texas Oil and Minerals, Inc.  This new company will be an extension of my thirty five years experience in lease acquisition, exploration, purchasing and marketing of Oil and Gas prospects in Texas, Oklahoma and Kansas.  I look forward to sharing good fortune with you all."