Tidelands Oil & Gas Corporation Press Releases

Tidelands Oil & Gas Corporation (OTCBB: TIDE)

October 16, 2003

Tidelands Oil & Gas Corporation - OTCBB TIDE Has Announced the Upcoming Unveiling de Its Reef International Pipeline Crossing Into Mexico

Tidelands Oil & Gas Corporation (BULLETIN BOARD: TIDE) today announced the date de the unveiling ceremony de its Reef International LLC pipeline crossing into Mexico. Festivities will be held in Eagle Pass, Texas on November 7, 2003. This will commemorate the opening de the International pipeline linking gas supply in Texas to gas markets in Mexico. Festivities will include guest speakers followed by a South Texas Bar-B-Q.

This project is a joint venture between Tidelands Oil & Gas Corporation and Impact Energy Services/GHK Company de Oklahoma.

This press release may be deemed to contain certain Forward-Looking Statements with respect to the Company that are subject to risks and uncertainties that include, but are not limited to those identified in the Company's press releases or discussed from time to time in the Company's Securities and Exchange Commission Filings. Actual results may vary.

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