Texas Gulf Energy, Inc. to be Featured at National Investment Banking Association Conference in NYC June 7-8

HOUSTON, June 6, 2012 /PRNewswire/ -- Texas Gulf Energy, Inc. (OTCQB:TXGE) (www.tgnrg.com) will be featured at the 122nd National Investment Banking Association (www.nibanet.org) conference in New York City on June 7 and 8.  Tim Connolly, CEO of Texas Gulf Oil & Gas, Inc., a subsidiary of Texas Gulf Energy, will be the Company's spokesman at the event.  Tim Connolly commented "the NIBA conference is an excellent way to highlight our 2011 accomplishments and articulate our 2012 vision for future growth.  We could not be happier being the first company to present, kicking off an exciting two days of presentations by several other great companies."  Other presentations slated for the NIBA conference at Le Parker Meridien Hotel in Midtown Manhattan include NeoStem, Inc. (www.neostem.com), Equities.com, SoupMan Inc. (www.originalsoupman.com), SilverSun Technologies, Inc. (www.silversuntech.co), and ExtremeBidder.com.

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

Since its founding in 2003, Texas Gulf Energy, Inc.'s companies 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.

About the National Investment Banking Association (www.nibanet.org)

The National Investment Banking Association (NIBA) is the only not-for-profit association for national, regional and independent broker dealers, investment banking firms, investment advisors, and related capital market service providers.

NIBA Member Firms

• Are responsible for 90% of all IPO's under $20MM.
• Have successfully completed more than 1000 equity offerings.
• Have raised over $10 billion in new capital for emerging growth companies.
• Represent over 8800 registered representatives.
• Have over $76 billion in assets under management.
• Represent over 60 key industry services (Advisory, 15-C211 Transactions, Bridge Financing, Common Stock Offerings, Compliance Advisory, Debt Financing, Market Exposure, PIPEs, Private Equities, Private Placements, M&A, Reg. 144, Reg. S, Reverse Mergers, Secondary transactions, Shell Mergers, Underwriting, and more).

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.