Texas Gulf Energy, Inc. Adds Contracts in Midstream Energy

          Texas Gulf Energy, Inc. Adds Contracts in Midstream Energy

PR Newswire

HOUSTON, Feb. 5, 2013

HOUSTON, Feb. 5, 2013 /PRNewswire/ -- Texas Gulf Energy, Inc. (OTCQX: TXGE)
(www.tgnrg.com) -- Texas Gulf Energy, Inc. (TXGE) has expanded its service
offerings into the Midstream Oil and Gas Segment. A master service agreement
was recently entered into between TXGE with one of the largest,
publicly-traded energy partnerships, a leading North American provider of
midstream energy services. The new master service agreement includes all of
the services provided by TXGE and its subsidiaries. In addition, the Company
has entered into two new service agreements with other large operators in the
midstream energy services market. David Mathews, President and CEO of TXGE,
commented, "Midstream Energy operators and owners are planning to heavily
increase their spending on construction and related services, and we are
already seeing that impact, which is resulting in new contracts for TXGE. We
are very pleased to have this additional revenue stream going into 2013."

About Texas Gulf Energy, Inc. (www.tgnrg.com)

Focused on providing expert advisory services on program and project
management and fast track construction and turnaround services to large
refinery, petrochemical and mining projects, Texas Gulf Energy, Inc. is a
safe, well managed, construction services consortium. Our service lines
include direct hire capital construction services, turnaround services,
fabrication and program management. Our clients include some of the largest
energy companies in the world like, Exxon Mobil, Conoco Phillips, Chevron,
Valero, and others. We are particularly well known throughout the energy
markets for our ability to provide construction services with professional,
experienced and well trained teams to maximize the ability of our customers to
complete major projects safely, on time and on budget. Now entering our tenth
year in business, we have vertically integrated our service offering into
other energy market segments, including refinery turnaround services,
petrochemicals, and professional consulting services both domestically and
internationally to better serve the needs of our customers.

Precautionary and Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward looking statements"
describe future expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned," "will" or
"should," 'expected," "anticipates," "draft," "eventually" or "projected." You
are cautioned that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results to
differ materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors,
and other risks identified TXGE's disclosures or filings with the SEC. You are
further cautioned that penny stocks, like TXGE, are inherently volatile and
risky and that no investor should buy this stock unless they can afford the
loss of their entire investment.

SOURCE Texas Gulf Energy, Inc.

Website: http://www.tgnrg.com
Contact: Craig Crawford, +1-281-867-8500, info@tgnrg.com