Texas South Energy, Inc. (OTCBB:INKA.D) acquired 37.5% of mineral interests in 86.69 acres in Lavaca County from Lee Wood for $0.89 million on January 22, 2014. Under the contract for sale, Texas South Energy agreed to pay the sum of $0.27 million and issue 2 million shares of Texas's common stock.

Texas South Energy, Inc. (OTCBB:INKA.D) completed the acquisition of 37.5% of mineral interests in 86.69 acres in Lavaca County from Lee Wood on January 22, 2014.