NYTEX Energy News October 17, 2011 News!!
NYTEX Energy Holdings, Inc. (OTCQB: NYTE) (OTCBB: NYTE) (the "Company" or "NYTEX"), a Dallas-based energy holding company comprising two wholly owned subsidiaries, Francis Drilling Fluids, Ltd. ("FDF") and NYTEX Petroleum, Inc., announced today that it has retained Consulting for Strategic Growth 1 ("CFSG1") as its U.S. Investor and Public Relations representative. Stanley Wunderlich, Chairman and CEO of CFSG1, and his team will immediately initiate a proactive Investor and Public Relations campaign to drive investor awareness of the high growth potential of NYTEX Energy's combination of NYTEX Petroleum's innovative oil and gas exploration and production technologies and FDF's long-established high quality oilfield products and services.
"We are very excited to work with CFSG1 to advance investor understanding of our plan to spur growth by capitalizing on the significant technology advances that have unlocked abundant new oil and natural gas resources in North America," said Michael Galvis, NYTEX President and CEO. "We believe that our subsidiary NYTEX Petroleum, Inc. has significant growth potential as an early-stage oil production company, enhancing the established leadership of our long-term subsidiary Francis Drilling Fluids, Ltd. in oilfield products and services. Our goal is to provide shareholders with increased returns as a North American market leader in oilfield services through leveraging recent technological breakthroughs and expanding our position in the exploration and production of oil-based resource play. We believe that Stan Wunderlich and his team at CFSG1 can bring the story of NYTEX's future plans and historical achievements to investors who will recognize this important opportunity."
Stanley Wunderlich, CEO of CFSG1, commented, "We are very pleased to have been chosen by NYTEX Energy Holdings to become their agency of record. Their recent initiative as an early entrant into the North Texas Mississippi Lime resource play reflects the Company's emphasis on quality that has been the hallmark of FDF's solid 34-year track record as a full-service provider of high-quality oilfield products and services. We are excited to introduce this Company to our wide-ranging network in the investment community and financial media."
About NYTEX Energy Holdings, Inc.
NYTEX Energy Holdings, Inc. (OTCBB: NYTE) is a Dallas-based energy holding company consisting of two wholly-owned subsidiaries, Francis Drilling Fluids, Ltd. ("FDF") and NYTEX Petroleum, Inc. Francis Drilling Fluids is a 34-year-old drilling fluids service company. Headquartered in Crowley, LA, FDF is the leading single frac sand, ceramic proppant and water-based liquid drilling mud distributor in the United States. FDF provides services to oilfield clients in 39 states, and includes the Marcellus, Bakken, Barnett, Haynesville, Fayetteville and Bossier natural gas shale plays. NYTEX Petroleum, Inc. is an exploration and production company focusing on early stage development of minor oil and gas resource plays. For more information please go to www.nytexenergyholdings.com and www.fdfltd.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act, including future growth and earnings opportunities of the Company. Actual results could differ materially from those projected in these forward-looking statements, which involve a number of risks and uncertainties, including the Company's ability to retain and to promptly satisfy current backorders and other economic, competitive, governmental, technological, regulatory, manufacturing and marketing risks associated with the Company's business and financial plans. The contents of this release should be considered in conjunction with the risk factors, warnings, and cautionary statements that are contained in the Company's most recent filings with the Securities and Exchange Commission.
Investor Relations Contact:
Stanley Wunderlich
Consulting for Strategic Growth 1 Ltd.
Tel: 800-625-2236 ext. 7770
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