TNOG dip and consolidating .0055

TNOG 1,000 barrels of oil @ $55 for month...wow

TNOG: "The well flowed through the month of January, producing 1,002.79 barrels to market."

Tuesday , March 01, 2005 10:33 ET

SAN ANTONIO, TEXAS, Mar 1, 2005 (CCNMatthews via COMTEX) --Titan Oil and Gas, Inc. (TNOG:OTC) is pleased to provide an update on its operations in the Patton Field (Stanley Unit) Wilson County, Texas.

Stanley # 1 well: Initially slated for water disposal, this well showed good potential for production, and was put into service. After flowing with good pressure for a time, it appeared ready to go on pump. At the time this was to be done, a significant increase in pressure was observed. The well flowed through the month of January, producing 1,002.79 barrels to market. Pressure has finally subsided, and the well is slated to be put on pump as soon as the ground dries sufficiently from recent rainfall and a workover rig can be brought on site.

Stanley # 1B well: When the workover rig arrives to put # 1 well on pump, we intend to put this additional well into service. It is appx. 1,300 feet in distance from Stanley #1, and is piped into the main tank battery. A pumpjack and tubing are on site, ready to be installed. In anticipation of this, the capacity of the tank battery on the Stanley Unit has been doubled to handle up to 600 barrels of oil, and water storage capacity has also been increased.

Titan CEO Kent Jacobson comments: "We are happy to report the activity on the Stanley Unit and now look forward to bringing a second well, the # 1B, on-line. We await the deep workover rig to conclude operations on our third well, the Kosciusko # 1, and a progress report will follow shortly."

About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.

Titan Oil and Gas, Inc.
Investor Hotline
+1 503 618 0370
E-mail: info@titanoilandgas.com
Web: http://www.titanoilandgas.com

HOPE you pick up some TNOG on dip .007 coming

ARET time to move baby

TNOG small shake...add time

TNOG new HOD .0063

TNOG .0062

Agree ARET will move when they tighten spread...I like it to move big later today

TNOG here we go

TNOG last chance b4 .008

TNOG buy on dip...hurry

TNOG .01 today...do not miss new AKOL

TNOG do not fall for mm tricks this is going much higher

TNOG .0061 x .0062

TNOG .0061

TNOG prints .006

bb, you holding TNGO...going to .01 easy today

TNGO .0055

TNGO .0054

TNGO .0052 this is going to a .01

TNOG if it breaks .005 KABOOOOM!

TNOG .0047

TNOG....AKOL type squeeze coming..

TNOG movong up .0046

KING will move when mms close the spread

TNOG moving up hard...you were warned

TNOG, all of you that are kicking yourself because you sold AKOL to early...hopefully are holding some TNOG.

TNOG believe this is gonna make an AKOL run

TNOG 1/5 of o/s traded yesterday..heating up

ARET looks to run today,,,short SQUEEZE

CYBT chewing thru .0009...radar

Pick up OIl companies their going much higher.

OIL is Extremely HOT read............

Oil Prices Stay Above $56 a Barrel Mark
Friday March 18, 8:28 am ET
By Wee Sui Lee, Associated Press Writer
Oil Prices Stay Above $56 a Barrel Mark As Market Continues to Worry About Supply Levels


SINGAPORE (AP) -- Crude oil futures remained above $56 a barrel Friday, as the market worried about supplies even after OPEC's president said the group may authorize pumping an extra half-million barrels a day.
ADVERTISEMENT


Light, sweet crude for April delivery fell 19 cents to $56.21 a barrel in electronic trading on the New York Mercantile Exchange by afternoon in Europe. Heating oil edged lower to $1.5840 a gallon.

In London, Brent crude fell 15 cents to $54.91 a barrel on the International Petroleum Exchange.

The feverish rally in recent days was sparked by a weak dollar and rising global demand at a time when there is very little excess supply immediately available. There are no fuel shortages, though traders are clearly pricing in that possibility, whether due to a terrorist attack, a refinery snag or some other unexpected supply bottleneck.-

Although the Organization of Petroleum Exporting Countries agreed Wednesday to boost the group's output quota by 500,000 barrels a day, or 1.9 percent, the market brushed off the decision -- since members are already producing above their quotas, no extra supply will actually be added.

The recent price surge has spooked OPEC, which has left open the possibility of raising its output quota by an additional 500,000 barrels.

"If prices stay as they are in the next seven to 10 days, we will start contacting minister colleagues to discuss the other 500,000 (barrels a day) that the president has the authority (to decide on) after consultations," OPEC President Sheik Ahmed Fahd Al Ahmed Al Sabah, who is also Kuwait's energy minister, said Thursday.

On the same day, Rafael Ramirez, the minister for Venezuela, OPEC's third-largest member, said the lack of spare capacity "brings nervousness to the market."

Because crude is denominated worldwide in U.S. dollars, and because the currency has lost nearly 10 percent of its value against the euro in the past year, OPEC nations have signaled support for higher oil prices in order to maintain their buying power in Europe.

Lorraine Tan, Singapore director of research at Standard & Poor's Investment Services, said the market is also fueled by supply fundamentals, such as the insufficient investments in refineries.

"Many refineries are subject to shutdowns now because they are running on full capacity," she said. "So the market gets jittery."

With the world's demand at 84.3 million barrels a day, an unforeseen supply disruption later this year, such as a bad hurricane season in the Gulf of Mexico or political instability in Nigeria or Venezuela, could send prices even higher.

TNOG moving back up .0041

Lookout OIL going up

TNOG mms walking it down

ARET and KING also see .01

TNOG will see a penny to day

TNOG, ARET, and KING will all move today