Frenchtown #1 – H Project update.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 15, 2009 -- July 31, 2009 - Dallas, Texas - Gulftex Operating, Inc. announces, Frenchtown #1 - H cumulative gas sales are 142,412 million cubic feet of gas since April 20th, 2009.


The Frenchtown #1-H well was completed and brought online with gas down the sales line on April 20th, 2009. The cumulative gas sales totals to date are 142,412 million cubic feet of gas.

Many analysts are anticipating increasing demand and more stable pricing for natural gas in the near future. Natural gas is environmentally friendly, and is the cleaner-produced energy source. When additional carbon emission caps are implemented, natural gas will become a cheaper alternative fossil fuel than politically and environmentally unfriendly coal.

We are very pleased with the success of the Frenchtown #1-H well and look forward to the drilling of the Frenchtown #2-H. This area of Denton County has become a hotbed for recent drilling with companies like XTO Energy, Williams Gulf Coast Production and Gulftex, which makes us virtually surrounded by production.

ABOUT GULFTEX OPERATING, INC.

The Gulftex Operating, Inc. has a primary focus on the development of conventional and unconventional resource plays which includes the application of horizontal drilling and cutting edge completion technology aimed at developing shale and tight sand reservoirs. The Gulftex assets are located in various domestic basins, the majority of which are in the Ft. Worth Basin, Barnett Shale.

For other information regarding Gulftex Operating, Inc., please visit the Company's Internet Web site at http://www.GulftexOperating.com.

FORWARD-LOOKING STATEMENT DISCLOSURE

This press release contains "forward-looking statements" within the meaning of the Federal securities laws and regulations. Forward-looking statements are estimates and predictions by management about the future outcome of events and conditions that could affect Gulftex's business, financial condition and results of operations. We use words such as, "will," "should," "could," "plans," "expects," "likely," "anticipates," "intends," "believes," "estimates," "may," and other words of similar expression to indicate forward-looking statements.

There is no assurance that the estimates and predictions contained in our forward-looking statements will occur or be achieved as predicted. Any number of factors could cause actual results to differ materially from those referred to in a forward-looking statement, including drilling risks, operating hazards and other uncertainties inherent in the exploration for, and development and production of, oil and natural gas; volatility in oil and natural gas prices, including the adverse impact of lower prices on the amount of our cash flow available to meet capital expenditures, our ability to borrow and raise capital and on the values attributed to our proven reserves; drilling and operating risks in the unconventional shales and other reservoirs in which we operate, including uncertainties in interpreting engineering, reservoir and reserve data; the availability of technical personnel and drilling equipment; the timing and installation of processing and treatment facilities, third-party pipelines and other transportation facilities and equipment; changes in interest rates; and increasing production costs and other expenses.

Further information on risks and uncertainties affecting our business is described under Risk Factors are available in our reports filed with the SEC which are incorporated by this reference as though fully set forth herein. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE: Gulftex Operating, Inc.

More information can be found online at http://www.gulftexoperating.com

Gulftex Operating     inc.