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… Corporate Overview
•Located in Houston, TX.  Engaged in acquisitions, exploration, development and production of oil and natural gas
•Geographic focus:  Texas and Louisiana
•Seasoned management team with proven track record
•Reverse Merger with Cliffwood Oil & Gas Corp. on 12/31/97 - historical financial data is Cliffwood with Texoil treated as an acquisition
–Created the “New” Texoil
–Change in shareholder control
–Change in Management / Board
–Change in business strategy
–Greater financial resources and capability
–Greater technical and operating capability
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