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8-K - CURRENT REPORT DATED 4-11-11 - Texas Gulf Energy Incg5004.txt

                                                                    Exhibit 99.1

                                  PRESS RELEASE

              GLOBAL NUTECH, INC. SUBSIDIARY SIGNS LETTER OF INTENT
                 FOR JOINT VENTURE INVOLVING 25 TEXAS OIL WELLS

Huntington Beach, CA - Marketwire- April 11, 2011 - Global NuTech, Inc. (OTCBB:
BOCL) (www.globalnutechinc.com) announced today that the Company's wholly owned
subsidiary, NuTec Energy, Inc., has signed a non-binding letter of intent to
form a joint venture with Wagley Oil & Gas, Inc. involving 25 oil and gas wells
in Texas. The wells include formerly producing shut-in wells and currently
producing wells.

NuTec Energy intends this proposed transaction to be a continuation of an
aggressive program to invest in existing and marginal production oil wells and
to use proprietary fluid technology to rejuvenate the production of these wells.

E. G. Marchi, President of Global NuTech, Inc., stated, "This proposed joint
venture continues our new program to acquire existing and marginal production
oil wells and to use proprietary technology to improve the production of these
wells. We look forward to finalizing this joint venture and moving forward with
our involvement in energy producing assets in the USA and Canada."

ABOUT GLOBAL NUTECH, INC.

Global NuTech, Inc. (OTCBB: BOCL) (www.globalnutechinc.com) provides marketing
and distribution for a variety of commercial and consumer products including the
Agrigenic Food Company's Biotec Foods(R) (www.biotecfoods.com), Biomed Foods(R)
(www.biomedfoods.com) and Biovet International(R) (www.biovet.net) lines of
dietary and nutritional supplements. Additionally, our wholly owned subsidiary,
NuTec Energy, Inc., will engage in operations to maximize oil production in
marginal wells as wells as drilling shallow wells in known production areas with
a low risk of a dry well.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined
in Section 27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this press release which are
not purely historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future. Such
forward-looking statements include, among other things, the development, costs
and results of our exploration program at our properties and any anticipated
future production. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors include, among
others, the inherent uncertainties associated with cleaning fluid and
development stage exploration companies. These forward-looking statements are
made as of the date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements. Although we
believe that the beliefs, plans, expectations and intentions contained in this
press release are reasonable, there can be no assurance that such beliefs,
plans, expectations or intentions will prove to be accurate. Investors should
consult all of the information set forth herein and should also refer to the
risk factors disclosure outlined in our annual report on Form 10-K for the most
recent fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange Commission.

Contact: E. G. Marchi (714) 373-193