Texas Gulf Energy, Inc. Completes Turnaround At Salt Lake City Refinery

   Texas Gulf Energy, Inc. Completes Turnaround At Salt Lake City Refinery

PR Newswire

HOUSTON, Feb. 25, 2013

HOUSTON, Feb. 25, 2013 /PRNewswire/ --Texas Gulf Energy, Incorporated (OTCQX:
TXGE) (www.tgnrg.com) announced today that it successfully and safely
completed a "turnaround" (a fast-track major refurbishment construction
services project) in the Hydrofluoric Acid Unit of a refinery located North of
Salt Lake City, UT. TXGE staff peaked at over 120 skilled craft workers
working under the company's Project Management Team, and the work was
completed without any injuries. The total value of the work completed was
approximately $3.5 million. "TXGE is experiencing an increase in
opportunities to bid similar work in other refineries and chemical plants,
currently we are bidding on approximately $8 million in additional project
work that helps solidify our 2013 forecast," said David Mathews, CEO of Texas
Gulf Energy, Incorporated.

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

Since our founding year in 2003, we have deployed thousands of engineering,
construction, technical, skilled crafts and project management personnel to
major international energy companies, including 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 wellhead services, oil
and gas production, 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, Incorporated

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