RNS Number:1593R
Texas Oil and Gas PLC
22 October 2003

                               22nd October 2003

                              Texas Oil and Gas Plc

                                  Announcement

                                      AGM

The board of Texas Oil and Gas PLC (TXO or  "the Company") today announces that
the Annual General Meeting of the Company will be held at 1100 hrs on 19th
November 2003 at Farmers' & Fletchers' Hall, 3 Cloth Street, London EC1A 7LD.

                         Completion of Acquisition

The Board of TXO announces the completion of its acquisition of 50 per cent
interest in 10 new wells on B C Christian Lease. Reworking of the ten wells has
commenced and will continue at the planned rate of 2 wells per month. This
acquisition from M-C Production was part of the Newport and Barnwell transaction
detailed in the article to shareholders dated February 2002 and approved at the
EGM of the Company held on 13th March 2002.  Further details are contained on
page 8 of the subsequent AIM listing document dated September 2002. As
previously mentioned, the existing 4 wells on the B C Christian Lease have been
the most successful, producing in recent months at an aggregate of 30 barrels
per day.

                              Director steps down

The Board of TXO announces that with effect from today Roger Goodwin has stepped
down as a non-executive director.

Roger Goodwin is President and Finance Director of Griffin Mining who announced
on October 2nd 2003 that construction had begun on its China project.  The
subsequent demand on Roger's time has now made it impractical for him to
maintain a non-executive position at TXO.

Mike Chandler the Company's CEO said "Roger's experience, guidance and advice
have been invaluable to the Company over the past 3 years and particularly
helpful during the period of transition for Andrew Glendinning to take over as
Finance Director.  We thank him for his contribution to the Company and wish him
well with Griffin Mining."

Further information:-

Company
Finance Director - Andrew Glendinning
Tel:- 020 7448 9752
Fax:- 020 7448 9753

PR
Parkgreen Communications: Justine Howarth/Cathy Malins
Tel:- 020 7287 5544


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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