DGAP-News: Texas Petroleum Inc.: ANNOUNCES WKN, PENDING LISTING ON THE FRANKFURT STOCK EXCHANGE

DGAP-News: Texas Petroleum Inc.: ANNOUNCES WKN, PENDING LISTING ON THE FRANKFURT STOCK EXCHANGE

ID: 32774

(firmenpresse) - DGAP-News: Texas Petroleum Inc. / Key word(s): Miscellaneous
Texas Petroleum Inc.: ANNOUNCES WKN, PENDING LISTING ON THE FRANKFURT
STOCK EXCHANGE

01.12.2010 / 17:50

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PRESS RELEASE

TEXAS PETROLEUM INC. - ANNOUNCES WKN, PENDING LISTING ON THE FRANKFURT
STOCK EXCHANGE

GRANDE PRAIRIE, AB - Wednesday - December 01st, 2010: - Texas Petroleum is
a fully owned subsidiary of GRIT International Inc., US (3GR1:F) a Canadian
based company registered in the State of Nevada. The company's objective is
to acquire potential targets in the oil and gas industry, located
throughout Texas and neighboring states through Corporate M&A strategies
and an international focus on emerging markets. In the near future a
presence in the province of Alberta, Canada will also be expanded upon.
TEXAS PETROLEUM is pleased to announce that is has received its WKN Number
A1H388 and will start trading on the Frankfurt Stock Exchange as early as
December 2010. Texas Petroleum has the ISIN Number: CA8826521004. The
ticker symbol will be announced shortly. Information about the company will
soon be available on the website: http://www.texas-petroleum.com.
As this is the first press release for the company, we are proud to
announce the opportunity that the parent company has made available to all
GRIT shareholders, who retain GRIT shares on the record date of December
31st, 2010. GRIT shareholders on this date will have the opportunity to
acquire an equal Texas Petroleum Share for a share price of EUR0.01. All
details have been addressed in GRIT International Inc., past press
releases, and the website, www.gritintl.com .
This past week the management of Texas Petroleum Inc, attended the German
Equity Forum that was held in Frankfurt Germany. The company met with
shareholders, developed further awareness for the company in Germany, and




met with representatives of potential acquisition targets domestically and
internationally. Texas Petroleum website is now online, and the company
anticipates the trading of the shares to come out at EUR0.75 per share.

ABOUT
TEXAS PETROLEUM INC.
GRIT's first subsidiary spin-off company which is domestically and
internationally focusing on the acquisition(s) of producing Oil&Gas
Fields, with proven barrels in reserves as a fundamental criteria.
Domestically the company will focus on Texas Oil Reserves, noting the areas
such as East Texas Oil Fields which have produced 5.2 billion barrels of
oil since its discovery. Internationally focus will be in the emerging
markets with particular attention being addressed to the networking
connection of Ariva Resources, in the Western African Regions. Texas
Petroleum foresees a tremendous growth opportunity into these areas and
will become a major supplier of petroleum products.

GRIT INTERNATIONAL INC.
GRIT International Inc., is a Canadian based company registered in the
State of Nevada, US; -Diversified Industrial Services Company, offering
Support Services, Utilities, Oil&Gas and Mineral holdings. The businesses
that make up GRIT INTL - Integrate amongst each other providing a present
revenue from the energy industry and also seeks out Environmentally
Sustainable solutions in nuclear energy, renewable resources in bio-waste
and other alternative fuels available at present time. GRIT foresees
expanding its divisions from an international to that of a Global services
provider. Texas Petroleum Inc., is a subsidiary of GRIT International Inc.

###

Contact: Texas Petroleum Inc.,
Investor Relations
Website: www.texas-petroleum.com;
E-mail: info(at)texas-petroleum.com
A : Suite 2020
3- 9899 112th Avenue
Grande Prairie, Alberta
T8V 7T2 Canada

Investor Relations - German
Mr. James Stewart
P: +49 (0) 2161 49694870
E: jstewart(at)texas-petroleum.com


End of Corporate News


01.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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105186 01.12.2010

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Bereitgestellt von Benutzer: EquityStory
Datum: 01.12.2010 - 17:50 Uhr
Sprache: Deutsch
News-ID 32774
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