[0] TBX Resources Inc. Announces Location Preparation on the Vici Prospect.

Business Editors

DALLAS--(BUSINESS WIRE)--Aug. 28, 2001

TBX Resources Inc. (OTCBB:TBXR) announced today that the first location is being readied for the drilling to commence on the Vici Prospect, located just west of Vici, Oklahoma. This lease is geologically located in the center of the Anadarko Basin. The prospect is in Ellis County, Oklahoma and a 10 well drilling program is proposed with a total depth of approximately 9,750 feet each. The primary objective of the Vici Prospect is the Red Fork formation. Secondary objectives in the prospect area are the Bartlesville and Morrow formations. According to the geologist, the prospect is a low risk development prospect with gas reserves expected to be in the 1 BCFG to 4 BCFG (billion cubic feet of natural gas) range and between 30,000 and 80,000 BO (barrels of oil) per well. If some of the Secondary Objectives are realized, ultimate reserves could be as high as 5 BCFG per well. With today's current pricing each well could equate to a projected value of $20 million gross dollars for the gas and a projected value of $2 million gross dollars for the oil per well, although no assurances can be made that this lease will live up to TBX's expectations. TBX Resources Inc. is participating with 20% Working Interest in this drilling venture along with several other industry partners.

TBX Resources Inc. previously announced on August 23rd the ability to draw down on an Equity Line. The Equity Line can be utilized at the discretion of the Company for raising capital to execute the business plan when the price of the stock is favorable to the Company and for the shareholders. TBX Resources Inc. has the right to set the floor price whereby TBX Resources can control the delivery of the stock to the investor. The Equity Line structure has no attachments pertaining to warrants or any convertibles to stock and contains a no shorting provision.

This release may contain certain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which reflect the views of TBXR's management with respect to future events. These statements are subject to uncertainties and other factors that could cause actual results to differ materially from the statements made. Readers are cautioned not to place undue reliance on any of these forward looking statements since there can be no assurances that the forward looking information contained herein will in fact transpire.

Note to U.S. Investors -- The U.S. Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to discuss only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. Certain terms used such as "probable" and "possible" are terms that the SEC's guidelines strictly prohibit issuers from including in filings with the SEC. U.S. investors are urged to review all public filings made by public companies.