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-CURRENT NEWS RELEASE-


Texas Energy Group, LLC (TEG) Affiliate Makes Headway In EagleFord Shale Salt Water Disposal Marketplace

Texas Energy Group, LLC (TEG) recently announced 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 – October 16, 2014- Texas Energy Group, LLC (TEG) recently announced the formation of an affiliate private equity management firm, 5 Star SWD, LLC (5 Star). 5 Star is a Texas Limited Liability company formed to manage investments specific to the salt water disposal (SWD) arena.

Since 5 Star’s recent entrance into the SWD marketplace, they have already been able to secure and permit a variety of top-notch locations throughout the EagleFord Shale. Texas Energy Group’s President, Waylan Johnson, credits 5 Star’s ability to secure such quality acquisitions to the long standing industry relationships and strong reputations of its Managing Partners.

“It is no surprise to me that 5 Star has been able to hit the ground running and so quickly position itself in the forefront of the SWD marketplace within the EagleFord shale. ALL Consulting and Trend Environmental are both experts in this arena and have created a strong name/presence for themselves over the years. With a couple of their founding members now acting as Managing Partners of 5 Star and spearheading 5 Star’s entrance into this area, we are truly able to penetrate the market unlike any other newly formed entity. In a way, it is as if we are being given the red carpet treatment into the hottest yet most exclusive trend,” further stated Mr. Johnson, who also serves as President of 5 Star SWD, LLC.

Greg Casey is Vice President and co-founder of 5 Star SWD, LLC as well as ALL Consulting (www.all-llc.com). Throughout his impressive 29 years in the water consulting business, he has consulted throughout 15 states, the North Sea, Middle East, New Zealand and South America. Having created a strong presence in the EagleFord Shale over the last 3 years, Mr. Casey and ALL Consulting now work for 80% of the top 40 oil companies in the EagleFord. Mr. Casey’s expertise has also brought him to testify as an expert witness in front of the Texas Attorney General and the United States Senate.

John Kelly & Kurt Knewitz are both co-founders of 5 Star SWD, LLC and business partners in Trend Energy Partners. Together, they have a long standing history of land and mineral management experience as well as M&A experience. Considered highly respected within the industry, they bring numerous relationships to the table with both major and small corporate oil companies.

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 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

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
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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