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-CURRENT NEWS RELEASE-


Texas Energy Group, LLC (TEG) Affiliate Announces Participation in New Louisiana Drilling Prospect

Texas Energy Group, LLC (TEG) affiliate, Spicewood Energy Management, LLC, announces participation in a new conventional drilling prospect on behalf of Spicewood Energy Fund I, LP.

FOR IMMEDIATE RELEASE

Austin, TX – May 14, 2015- Texas Energy Group, LLC’s (TEG) affiliate company, Spicewood Energy Management, LLC (SEM) announced today that its inaugural fund, Spicewood Energy Fund I, LP (SEFI), has taken a non-operated working interest position in a new conventional drilling prospect located in south west Louisiana. SEFI currently holds ownership interest in several non-operated deals located throughout Texas and Louisiana as well as a couple in-house generated and operated drilling programs.

“South west Louisiana is beginning to become a real area of focus for Spicewood as it continues to show great opportunity for drilling shallow conventional wells, which adheres to our business model,” stated Waylan Johnson, President of TEG and SEM. He further stated, “This particular drilling prospect afforded us the opportunity to align ourselves with another well-known, family owned operating company that has proven successful in discovering hydrocarbons in the area.  We are proud to now be affiliated with five different operators in the south Louisiana territory.”

The location of this new drilling prospect is in the process of being built and the well is expected to be drilled at the end of the second quarter. SEM plans to continue developing relationships with small privately held companies focused on drilling and operating conventional oil and gas wells throughout Texas and Louisiana.

TEG’s affiliate, Spicewood Energy Management, LLC, was formed to manage oil and gas investments through multiple limited partnerships. SEM is raising capital for its current fund offering, Spicewood Energy Fund III, LP (SEFIII). SEFIII is being offered to verifiable accredited investors only. For further information regarding topics discussed in this article please contact Texas Energy Group, LLC via their Investor Relations Department; (877) 893-6749 or visit them on the web at www.TexasEnergyGroup.com. SEM may also be contacted directly via (512) 610-0552 or www.SpicewoodEnergy.com

Emails may be directed to Info@TexasEnergyGroup.com or Info@SpicewoodEnergy.com

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). 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 website, 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 Website 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 Website 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, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG 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 does 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 contained herein should not be construed as investment advice. TEG is not a tax professional and does not offer any tax advice.

 HISTORICAL PRESS RELEASES 
VIEW DATE PRESS RELEASE
May 14, 2015 Texas Energy Group Affiliate Announces Release of Reserve Report
Mar 17, 2015 Texas Energy Group Affiliate Announces Successful Completion of Well
Mar 10, 2015 Texas Energy Group Affiliate Announces Successful Drilling Project
Feb 24, 2015 Texas Energy Group Affiliate Announces Shallow Gas Development
Feb 10, 2015 Texas Energy Group Affiliate Announces Exploration Program
Jan 27, 2015 Texas Energy Group Affiliate Releases 2015 Energy Outlook
Jan 8, 2015 Texas Energy Group Announces Successful Drilling of Oil Well
Dec 9, 2014 Texas Energy Group Affiliate Announces Two SWD Facilities in Eagle Ford Shale
Oct 16, 2014 Texas Energy Group Affiliate Makes Headway in Eagle Ford Shale
Oct 2, 2014 Texas Energy Group Affiliate Launches New Oil & Gas Fund
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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