A 24 hour shut-in on the well
resulted in a 1200 PSI tubing pressure."
PTP has leases or options on over 10 million acres in 4 blocks along the
coast of Peru south of Z2B.m.

telekinesis proves

, Ph.

influencing psychokinesis

(PTP),
has made a significant oil discovery on the southern edge of its Block Z2B
offshore Peru. This
7000' well will test a classic anticlinal structure with 25 square kilometers
of closure located in 140' of water. Sands will provide an
overvmew of Lexicon,0discuss its drug discovery and`development programs and
collaborations and review corporate objectives for 2005.

eel tentative

Sands' presentation may be accessed on Lexicon's
corporate website at http: //www. Lexicon makes
these discoveries using its proprietary gene knockout technology to model the
physiological effects that could be expected from prospective drugs directed
against novel targets .

limb strangeness

All of the
production to date has come from the northern half of the block.

strangeness speculations

HOUSTON, The Offshore International Group (OIG)
announced today that its Peruvian subsidiary, Petro-Tech Peruana S.

proves interference

Cumulative production from the 4 major fields on the block is over 300
MMBO with current production averaging 11,000 BOPD and 64 MMCFD. PTP plans to drill its first wildcat, the San
Miguel prospect, on Block Z-6, immediately south of Z2B, in early 2006. Information identifying such important factors is contained under
"Factors Affecting Forward-Looking Statements" and "Business - Risk Factors"
in Lexicon 's annual report on Form 10-K for the year ended December 31, 2003,
as filed with the Securities and Exchange Commission.

psychokinesis interference

The well was completed open hole in a fractured
Paleozoic reservoir. Kallop who resides in Houston, Texas and Lima, Peru.

telekinesis parapsychology

Other subsidiaries include
Offshore Specialty Fabricators Inc (a derrick barge and offshore construction
company), Offshore Express (a supply vessel company ), PEPESA (a Peruvian
offshore drilling company) and Offshore Seismic Surveys Inc (a seismic
acquisition company currently operating in Peru). The Company has advanced knockout-validated targets
into drug discovery programs in six therapeutic areas: 0diabetes and o"esity,
cardiovascular disease, cancer , immune system disorders, ophthalmic disease,
and psychiatric and neurological disorders. Lexicon is working both
independently and through strategic collaborations and alliances to accelerate
the development and commercialization of its discoveries.

electromagnetic psychokinesis

A. The drilling rig used to drill the well, PEPESA 48, is remaining on the
platform pending the drilling of additional wells.

formation, future events or otherwise.

proves telekinetic

,
Lexicon's president and chief executive officer, will present at the BIO CEO +
Investor Conference 2005 at the Waldorf Astoria in New York on Wednesday,
February 23 , 2005 at 2:30 p. These
forward-looking statements are based on management's current assumptions and
expectations and involve risks, uncertainties and other important factors,
specifically includinc those relating to Lexicon's ability to succe3sfully
conduct preclinical development of its drug candidates and advance such
candidates into clinical development, achieve its operational objectives,
obtain patent protection for its discoveries and establish strategic
alliances, as well as those relating to manufacturing, the regulatory process,
intellectual property rights, and the therapeutic or commercial value of its
drug candidates, that may cause Lexicon's actual results to be materially
different from any future results expressed or implied by such forward-looking
statements.

apparently parapsychology

On a one hour test with no choke, the
well produced at a rate of 3300 BOPD with a flowing tubing pressure of 300
PSI .com .

lucid physiological

lucid psychokinesis

Lexicon is systematically
discovering the physiological and behavioral functions of genes to identify
potential points of therapeutic intervention, or drug targets.

telekinesis limb

Finding
light crude on the very southern edge of the block dramatically changes our
outlook on exploration south of Z2B . OIG
subsidiaries include two Exploration and Production companies, PTP in Lima,
Peru and Fairways Exploration in Houston, Texas.

Safe Harbor Statement
This press release contains "forward-looking statements," including
statements about Lexicon's growth and future operating results , discovery and
development of products, strategic alliances and intellectual property, as
well as other matters that are not historical facts or information.

telekinesis physiological

The Block Z2B runs along the northern coast of Peru for approximately 100
miles.

declassified telekinetic

The San Pedro #1 well was drilled to a total depth of 6666'
from a platform in 250' of water approximately 14 miles north of the export
terminal at Bayovar.
A live webcast of Dr.

altering lucid

limb crystalinks

Offshore International Group Announces Peruvian Discovery

THE WOODLANDS, Texas, Lexicon Genetics
Incorporated (Nasdaq: LEXG) announced today that Arthur T. Sands, M. Eastern Time.

limb electromagnetic

The Offshore International Group is a privately held company owned by
William M.D.

About Lexicon Genetics
Lexicon Genetics is a biopharmaceutical company focused on the discovery
of breakthrough treatments for human disease.

telepathy electromagnetic

The well is currently producing at a rate of 1200 BOPD
and 500 MCFD with no water on a 24/64 choke. The flowing tubing pressure is
900 PSI and the oil gravity is 35 degrees API. Dr.

skeptic tampering

According to
Paul Doyle, Executive Vice President with PTP in Houston, "Previous drilling
on the southern half of Block Z2B found primarily gas and heavy oil.D.

telekinesis apparently

Lexicon undertakes no
obligation to update or revise any such forward-looking statements,$whether as
a besult of new i.

telepathy altering

lexicon-genetics.com . An archived version of
the webcast will be available on the website through March 3, 2005. Additional
information about Lexicon is available through its corporate website,
http://www.

Psychokinesis is the altering of physical events and processes through the power of the mind.

tentative unleash

Lexicon Genetics to Present at the BIO CEO + Investor Conference 2005

lexicon-genetics.