Saraktasch is a drilling and exploration Company with six drilling
rigs, and over 150 employees servicing, Companies like, Gasprom,
Orenburghneftegas, TNK, Burgas , Gas + Oil Co.
This venture will also provide many new opportunities in the
Region for the Company to partner with its clients in other projects,
and currently some of these opportunities are being evaluated to
determine the level of commitment, if any, the Company will be making.

Texhoma Reports that Hong Fah-B01 Reaches Total Depth

These statements are made under the "Safe
Harbor " provisions of the United States Private Securities Litigation
Reform Act of 1995 and involve risks and uncertainties which could
cause actual results to differ materially from those in the
forward -looking statements contained herein. It actively participates in the exploration, drilling,
production and acquisition of hydrocarbons.

mineral mining

Business Editors/Energy Editors

TORONTO----Strat Petroleum , Ltd.
In line with our strategy of building shareholder value by
acquiring assets or seeking out opportunities with significant
potential and probability of success, the Company has reached an
understanding to acquire a 50% interest in Saraktasch Oilgas Drilling
Expedition Co. Should you wish any additional information
on our projects or management team, please visit our website at
www.

mineral trenchless

com or contact our Investor Relations office. Due
to the volume of interest we will make every effort to respond as
promptly as possible. The "140"-reservoir section was intersected but exhibited only
minor gas shows that did not warrant any further testing. The list, which is comprised of public companies ,
appears in the July/August issue of FORTUNE Small Business, available on
newsstands July 4 and at http://www. Its mineral acreage ownership in
Oklahoma, in particular, has allowed, and will continue to allow, the Company
to participate in the drilling of a substantial number of new wells.

oilfield spe

A further
growth opportunity offered through this venture is to secure crude oil
and other refined products for sale into local and export markets.

coordinate trenchless

(National Quotation Bureau: SPRL).

Last night the well reached its targeted TD (Total Depth) of 2,800
meters.

explosives mining

The Company also owns various other assets , such
as land, storage facilities and equipment to support its operations. Such forward-looking statements
are subject to a number of risks, assumptions and uncertainties that
could cause the Company's actual results to differ materially from
those projected in such forward-looking statements.

australasian prospecting

Strat Petroleum Announces Reaching an Understanding to Acquire 50% Interest in Oil + Gas Drilling and Exploration Company in Orenburg

fsb.

australasian honouring

Michael C. The Company's office is
located in Oklahoma City while its mineral holdings and production are
situated in Oklahoma, New Mexico, Texas and 19 other states.

finders mineral

explosives brunei

, located in the Orenburg Region, through a share
exchange.stratpetroleum.

Despite results, the Company is pleased to have the opportunity to
participate in several 3D- seismic identified oil and gas prospects in
Block B7/38 in the Gulf of Thailand where many major international oil
and gas producers have been extremely successful.

Safe Harbor Statement: "This News Release may include
forward-looking statements within the meaning of section 27A of the
United States Securities Act of 1933, as amended, and section 21E of
the United States Securities and Exchange Act of 1934, as amended,
with respect to corporate objectives, projections, estimates,
operations, acquisition and development of various interests and
certain other matters. Coffman, Company Vice President and CFO stated:
"Panhandle has been the beneficiary of the steady increase in natural gas
and oil prices over the last few years.

petroleum prospectors

Strat Petroleum, Ltd.

trenchless prospecting

Statements made in this press release regarding the Company's or
management's intention, beliefs, expectations, or predictions for the
future are forward-looking statements. Within that group,
companies were ranked based on the past three years' earnings growth, revenue
growth, and stock performance.

drillers darussalam

("Texhoma ") (OTCBB: TXHE) wishes to provide
its shareholders with a final report on the drilling of the "Hong
Fah-B01" well in which the Company is participating with a
40%-interest. Manufacturing Takes the Lead, Health Care Still Rules, and Oil Has Come On
Strong

OKLAHOMA CITY, FORTUNE Small Business
announced today that Panhandle Royalty Company (Amex: PHX) has been ranked
19th on the fifth annual FSM 100 list of the 100 fastest growing small
companies in America.
Panhandle Royalty Company is a publicly held diversified mineral holding
company engaged in the acquisition, ownership, management and development of
its fee minerals .

mining australasia

prospector australasian

These risks,
assumptions and uncertainties include: the ability to compete
effectively in a rapidly evolving and price competitive marketplace;
uncertainties of completing business transactions; uncertainties of
raising necessary capital; no control over long term pricing; possible
reductions in demand for our products and services due to competition
or changes in industry conditions or political environment; changes in
the nature of energy regulation in the Russian Federation, the United
States and other countries; political risk; currency exchange risk;
changes in business strategy; the successful integration of
newly-acquired businesses; the impact of technological change;
reliance on management and management contacts; and other risks that
may be referenced from time to time in the Company's filings with the
Securities and Exchange Commission. The information gained from
this drilling campaign is invaluable and needs to be fully analyzed
and understood prior to further drilling being undertaken . Success
from this drilling should allow Panhandle to continue its steady growth
pattern.

coordinate oilfield

's strategy is to enhance shareholder value
through the acquisition of oil + gas properties with proven reserves
or producing/capped wells.

Panhandle Royalty Company: Fortune Small Business Ranks America's Fastest - Growing Small Companies

To compile the list, FORTUNE Small Business asked financial research firm
Zacks to screen annual reports for public companies with annual revenue of
less than $200 million and a stock price of more than $1. Real estate firms and banks, which had begun
to override the lists in recent years, were not considered for the list this
year.

coal educates

The decision
was made to plug and abandon the well.

coordinate extraction

and others under
long-term contracts. The
Company cautions that the forward-looking statements provided herein are
subject to all the risks and uncertainties incident to the acquisition,
development and marketing of, and exploration for oil and gas reserves.

prospector australasian

Business Editors

VANCOUVER, British Columbia----March 17,
2005--Texhoma Energy, Inc.
California tops the list of the states with the most companies on the
FORTUNE Small Business 100 with 14 companies , followed by Texas and Florida
with nine and New York and Pennsylvania with eight. These
risks include, but are not limited to, oil and natural gas price risk,
environmental risks, drilling risk , reserve quantity risk and operations and
production risk. For all the above reasons, actual results may vary
materially from the forward-looking statements and there is no assurance that
the assumptions used are necessarily the most likely to occur.

engage darussalam

extractive australasia

The opportunity available to Strat Petroleum is to share in future
revenues from contracts currently in place; grow the business through
the investment in more advanced drilling, exploration and recovery
technologies; and add other services to offer its clients."
Panhandle was also named to this list in 2002. Its stock is traded on the
American Stock Exchange (AMEX) under the symbol PHX.

timely coal

engage australasia

The Company and its joint venture partners are currently
evaluating the results of the "Hong Fah-B01" well and several other
drill-ready prospects within the B7/38 permit with the intention to
recommence exploration later this year.

educates prospecting

"

com .

Forward-Looking Statements and Risk Factors for fiscal 2005 and later
periods are made in this document. Such statements represent estimates by
management based on the Company's historical operating trends, its proved oil
and gas reserves and other information currently available to management .

trenchless mining

drillers australasia

---

- - kjjkjk

Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)