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-CURRENT NEWS RELEASE-


Texas Energy Group, LLC (TEG) Announces Formation of Affiliate 5 Star SWD, LLC

Texas Energy Group, LLC (TEG) is pleased to announce the formation of its affiliate, 5 Star SWD, LLC, a private equity management firm capitalizing on the growing commercial salt water disposal and injection well marketplace.

FOR IMMEDIATE RELEASE
 

Austin, TX – August 14, 2014- Texas Energy Group, LLC (TEG) is pleased to announce the formation of an affiliate private equity management firm, 5 Star SWD, LLC (5 Star). 5 Star is a Texas Limited Liability company based out of Spicewood, TX and formed to manage investments specific to the salt water disposal arena. Such investments are managed through fund structured limited partnerships, formed in the state of Texas and filed pursuant to Blue-Sky Filings.

5 Star is the product of three industry veterans joining forces to capitalize on the growing SWD marketplace. Waylan Johnson, President and co-founder of TEG’s affiliate, Spicewood Energy Management, LLC has teamed up with Trend Environmental out of Dallas, Texas and ALL Consulting out of Tulsa, Oklahoma to provide environmentally safe and efficient injection facilities which will provide 5 star service to the major players throughout the EagleFord Shale.

“5 Star’s approach to the salt water disposal space has been carefully calculated based on area specific logistics, geology and engineering. We are currently working directly with some of the major players in the EagleFord Shale to strategize our next facility location which will best suit the industry’s needs,” stated Waylan Johnson, Managing Member of 5 Star. He further stated, “From location to facility design and everything in between, 5 Star will adhere to a stringent selection process and assume a hands-on approach so to cultivate the proper foundation for success.”

According to Baker Hughes, the EagleFord Shale is one of the most active shale plays in the world with over 260 drilling rigs in operation. The US Energy Information Administration estimates that 25,000-30,000 new wells will be completed in the area over the next 10 years, 3000 of which are estimated to be drilled and completed in 2014 alone.  “The necessity for SWD facilities in the EagleFord is clearly marked and we are confident that our well-educated and innovative team can provide injection facilities that quickly become the standard in the SWD marketplace,” further stated Mr. Johnson.

5 Star will be focusing its efforts mainly within Texas but has plans to move into the Appalachian & Williston Basin within the next year.

For further information regarding 5 Star SWD, LLC or topics discussed in this article please contact Texas Energy Group, LLC directly via their Investor Relations Department; (877) 893-6749 or visit them on the web at www.TexasEnergyGroup.com where you can sign up for the TEG (corporate) mailing list and receive up to date information on general TEG activities, including all TEG press releases. Emails may be directed to Info@TexasEnergyGroup.com

More information about TEG’s new affiliate private equity management company, Spicewood Energy Management, LLC., can be found at www.SpicewoodEnergy.com

About TEG

Texas Energy Group, LLC (TEG) is an Austin, Texas based oil and gas exploration and development company specializing in bringing industry prospects to the private investor. With company principals having over 24 years of involvement in the oil and gas industry, TEG has been involved in numerous ventures and partnerships, including ownership of two operating companies that have operated numerous projects from North Dakota to Texas.

More recently, TEG has taken its lower-risk business model and adapted it to fit within the managed fund structure that its newly formed affiliate company, Spicewood Energy Management, LLC, now offers. Through registered Limited Partnerships, SEM is able to offer its qualified participants the same multi-well diversification and IDC tax benefits, while providing a structure which allows the investors truly preferential cash flow and capital preservation.

Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of Texas Energy Group, LLC (TEG) or Spicewood Energy Management, LLC (SEM). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the TEG & SEM websites, including, but not limited to, statements regarding future performance of events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual events to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the TEG & SEM websites will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the TEG & SEM websites might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of actual or future results. Also, TEG & SEM, its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG & SEM activities have conflicts of interests. The price received for the oil and natural gas produced from any investments, activities, properties may be less than quoted NYMEX prices at any given times. TEG & SEM do not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information found on this page is neither an offer to buy or sell securities or other investments.

 HISTORICAL PRESS RELEASES 
VIEW DATE PRESS RELEASE
Aug 14, 2014 Texas Energy Group Announces Formation of Affiliate 5 Star SWD
May 13,2014 Texas Energy Group Announces Plans to Spud Additional Blanding Well
Mar 20, 2014 Texas Energy Group Announces Production Results on CTS Oil Well
Jan 30, 2014 Texas Energy Group Announces Affiliation with SOC
Jan 9, 2014 Texas Energy Group Announces Growth in 2013
Oct 29, 2013 Texas Energy Group Announces Drilling Permit on Mule Pond #1 Well
Oct 3, 2013 Texas Energy Group Announces Drilling Permit on Phillips Blanding #1 Well
Jul 25, 2013 Texas Energy Group Annoucnes Production Update on McCoy Blanding Well
Jul 18, 2013 Texas Energy Group Announces Appointment of New CFO
Jun 18, 2013 Texas Energy Group Announces Successful Drilling of Cleveland Townsite Well
May 30, 2013 Texas Energy Group Announces Spudding of Cleveland Townsite Well
Apr 30, 2013 Texas Energy Group Announces Successful Drilling of McCoy Blanding
Apr 18, 2013 Texas Energy Group Announces Drilling Permit on Wilcox Test
Feb 12, 2013 Texas Energy Group Proudly Sponsors MAP "Art & Athletes 4 Action" Benefit
Feb 1, 2013 Texas Energy Group Announces Second Joint Venture for 3D Seismic
Jan 24, 2013 Texas Energy Group Announces New Drilling Contract for Exploratory Well
Dec 6, 2012 Texas Energy Group To Drill Three New Developmental Wells
Dec 4, 2012 Texas Energy Group Announces Additional 3D Data Joint Venture
Oct 10, 2012 Texas Energy Group Announces Successful Drilling of Chisos #1 Oil Well
Sept 20, 2012 Texas Energy Group Announces Pipeline Hook-up on the Davis Estate #1
Sept 11, 2012 Texas Energy Group Announces Hook-up on the Blackstone Southland #1
July 3, 2012 Texas Energy Group Announces Continued Returns for Investors in the Cleveland Six Project
June 1, 2012 Texas Energy Group Announces an Increase in Oil Sale Prices
May 3, 2012 Texas Energy Group Announces New "School of Rocks" Educational Program
Apr 26, 2012 Texas Energy Group Announces Sponsorship Agreement with Willis & Woy
April 5, 2012 Texas Energy Group Announces Successful Post Drill Results for Davis Estate#1
Mar 29, 2012 Texas Energy Group Announces the Spudding of Pelican South #1 Well
Mar 21, 2012 Texas Energy Group Announces Successful Drilling in Montgomery County, TX
Feb 21, 2012 Texas Energy Group Announces Successful Drilling of Robinson # 311
Feb 9, 2012 Texas Energy Group Announces the Opening of their Geophysical Office

    Disclaimer: Information herein is not intended to be any form of solicitation. Information found on this page and throughout this entire website is neither an offer to buy or sell securities or other investments.


    © Copyright 2013 Texas Energy Group, LLC



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