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Some previous history on Kent Jacobson and Pete Maupin They just left Titan Oil & Gas (TNOG)which was formerly Titan Consolidated. now they are with Pegasus, enjoy:
Titan Consolidated. PRs
Here are several PRs from 3/08/04 - 1/26/05
http://www.primezone.com/newsroom/news.html?d=53796
Titan Consolidated Inc. to Purchase Video On Demand Company LodgeView Entertainment
VANCOUVER, British Columbia, Canada, March 8, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it has agreed to purchase LodgeView Entertainment Inc., a Canadian based provider of Video on Demand services to the Hospitality Industry. The purchase will allow Titan Consolidated to enter into the VOD market and to roll out a comprehensive communications bundle to include VoIP technology and other services. LodgeView generates its current revenues from installations in 14 hotels in Canada and is looking to expand its client base across North America and parts of Asia. The company is also negotiating with several other potential hotel clients.
For Titan Consolidated, it means that the company will now have access to an integrated and expanding VPN (Virtual Private Network), which in turn will provide a virtually cost free backbone in which the company can deploy its planned VoIP services. This can be accomplished due to the modular construction of the technology and the already revenue generating Video On Demand (VOD) services. Further, Titan also plans to roll out an integrated Value Added Services package to hotels, including foreign exchange and money transfers, customer loyalty programs. LodgeView technology also includes Internet Broadband services and is based on new proprietary technology designed exclusively by LodgeView technicians and designers.
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 Consolidated Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Software Industry, VoIP and Video On Demand, 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.
http://www.primezone.com/newsroom/news.html?d=56327
Titan Consolidated Inc. to Develop Oil and Gas Project in the Austin Chalk Trend Area of Texas
SAN ANTONIO, April 22, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it will develop an oil and gas area in Wilson County, Texas. This reservoir area has a long history of oil exploration and production. Although it is difficult to determine exact reserves in the Wilson County Field, an estimate can be based on its size - approximately three miles long by 3/4 miles wide - as well as historical data, engineering reports and seismic information. On this basis, a minimum of 2,000,000 barrels of recoverable oil can be assumed. At today's prices this could represent as much as $60,000,000 of gross oil revenue. A Term Sheet has been signed and Titan has also negotiated Prospect and Operating Agreements, reflecting 100% ownership in the project after initial payouts.
Income will be realized from natural gas production in the initial stages of drilling. The Wilson County Field is expected to produce a significant amount of natural gas. Based on historical and seismic information collected by Petroleum Engineer Peter Maupin, gas sales are estimated to be a minimum of $12,000,000.
Existing infrastructure and development will allow for significant cost reductions. The property has an existing gas line to the field, which will save time and expense in bringing our gas to market. Further cost savings will be realized as the 20 existing abandoned vertical well bores will be used to launch horizontal laterals. This will further drop costs from an estimated $600,000 to $150,000 per well. Therefore, once the field is fully developed, a substantial gross return can be expected, assuming the world's strong demand for energy keeps prices at a consistently high level.
Initially, Titan will raise $370,000 by way of a private placement. Use of proceeds will include drilling costs, conversion of an existing well into a water injection well, a water disposal system, gas gathering, etc. A suitable operator will work the completed wells and any costs over-runs for such operations will be the responsibility of the operator, specific to the Prospect and Operating Agreements.
Both Titan Consolidated and Engineer Peter Maupin look forward to the development of future Oil and Gas projects in the same area of Texas and will endeavor to locate additional properties with similar attributes and available historical data.
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 Consolidated 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.
http://www.primezone.com/newsroom/news.html?d=56536
Titan Consolidated, Inc. Moving Corporate Offices to San Antonio, Texas
SAN ANTONIO, April 27, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it has moved its corporate offices to San Antonio, Texas, in order to facilitate its work efforts in the San Antonio Chalk Trend area. The new offices will house Petroleum Engineer Peter Maupin and other engineers related to the Austin Chalk project in Wilson County and will serve as a base for other projects in the State of Texas.
The company's corporate offices are now located at:
Titan Consolidated Inc. The Petroleum Center Suite E-104 900 NE Loop 41 San Antonio TX 78209
The Company has launched a new corporate website, http://www.titanoilandgas.com Please consult the "Wilson Project" page at the website for a detailed description of the Austin Chalk project in Wilson County. The web site will be updated periodically over the next 7 days as new information is added. You may also contact Investor Relations at its new e-mail address: info@titanoilandgas.com
Titan Works Toward Completing Filings with the Exchange
Titan is also working to complete its filings with the exchange in order to resume its quotation on the OTC:BB. The company will need to complete all accounting processes and is now preparing for its required audit. Although little activity has taken place over the last 2 years, all financial documents and related materials are being compiled and the company will forward the necessary materials to an auditor as soon as practically possible. The company will keep shareholders informed regarding its progress.
http://www.bizjournals.com/sanantonio/stories/2004/05/10/weekinbiz1.html
Titan Consolidated
San Antonio has become the new home for a publicly traded oil and gas company.
New York-based Titan Consolidated Inc. (Pink Sheets: TTCS) has relocated corporate headquarters to San Antonio in order to invest in oil and gas projects in South Texas.
Titan, a small, five-person exploration and production company, will locate its headquarters in the Petroleum Center in Northeast San Antonio. The company is currently focused on projects in the Austin Chalk geological formation.
The company announced last week that it has signed agreements for leases in Wilson County that could generate an estimated $60 million in oil sales and $12 million in natural gas sales once the fields are fully developed.
The company hired long-time petroleum engineer Peter Maupin to head up well development efforts. Since 1971, Maupin has developed more than 100 wells in the Austin Chalk formation for various small, independent oil and gas firms.
Initially, the company will develop three horizontal wells in Wilson County that will come online by the middle of summer, Maupin says. Titan will develop additional wells in the field as capital permits. He anticipates the three-well project will cost $370,000 to develop.
http://www.bizjournals.com/sanantonio/stories/2004/09/13/daily25.html
Titan signs gas production contract with Midway Pipeline
Titan Consolidated Inc. (OTC:TTCS) has signed a gas production contract with San Antonio-based Midway Pipeline Inc.
Titan signed the contract in order to facilitate the sale of anticipated gas production in the Stanley Unit, Wilson County, Texas. The field is located in the Austin Chalk formation.
"We are pleased to have contracted Midway as our gas distribution company, and we look forward to a successful relationship," says Kent Jacobson, president of Titan. "The company's operations are well under way on the Wilson County property, leading us to take steps to ensure that we have the capacity to handle anticipated gas production."
http://www.primezone.com/newsroom/news.html?d=64167
Titan announces gas separator installation on Stanley Unit (Austin Chalk) Wilson County, TX.
SAN ANTONIO, Texas, Sept. 21, 2004 (PRIMEZONE) -- Titan Consolidated, Inc. (Pink Sheets:TTCS) President Kent Jacobson announced today that the Company has installed a gas separator unit on its project in the Stanley Unit (Austin Chalk) Wilson County, Texas.
Additional gas treating equipment, including an H2S Sample Monitor, has been provided by Midway Pipeline, Inc., of San Antonio, Texas. Titan has advanced the installation costs, which will be returned by means of an additional 5% payment to Titan each month above the current gas sales price, per terms of Titan's contract with Midway.
The gas separator and ancillary equipment will allow natural gas to be treated on-site, allowing Titan to get the best attainable market price on anticipated production.
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 Consolidated, 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.
http://www.bizjournals.com/sanantonio/stories/2004/09/27/weekinbiz1.html?page=2
Titan Consolidated
Titan Consolidated Inc. (OTC:TTCS) has signed a gas production contract with San Antonio-based Midway Pipeline Inc.
Titan signed the contract in order to facilitate the sale of anticipated gas production in the Stanley Unit, Wilson County, Texas. The field is located in the Austin Chalk formation.
"We are pleased to have contracted Midway as our gas distribution company, and we look forward to a successful relationship," says Kent Jacobson, president of Titan. "The company's operations are well under way on the Wilson County property, leading us to take steps to ensure that we have the capacity to handle anticipated gas production." .
http://www.primezone.com/newsroom/news.html?d=65176
Titan Anticipates Sales of Natural Gas by End of Week; Natural Gas Imminent on Stanley Unit (Austin Chalk) Wilson County, TX
SAN ANTONIO, Texas, Oct. 7, 2004 (PRIMEZONE) -- Titan Consolidated, Inc. (Pink Sheets:TTCS) reports that it has completed installation of gas pipe to the wellheads of its 2 major wells, and final electrical wiring is being done on the H2S Sample Monitor for gas processing. With the purchase agreement by Midway Pipeline already in place the Company anticipates sales of natural gas from the Stanley Unit (Austin Chalk) Wilson County, TX. to begin by the end of this week.
It is very difficult to determine exact reserves in the Austin Chalk because of the nature of the reservoir, as it is made up of fractures and fissures. From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide -- we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $84,000,000.00 of gross oil revenue at today's prices.
We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $20,000,000.00 of gross gas revenue at today's prices.
Titan CEO Kent Jacobson comments: "We are pleased to reach this important milestone as a Company, as we begin the production phase of our operations."
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 Consolidated, 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.
http://www.bizjournals.com/sanantonio/stories/2004/10/25/daily26.html
Titan brings first oil to market
Titan Consolidated Inc. (Pink Sheets: TTCS) is bringing its first oil to market since relocating in San Antonio and signing leases for three wells in the Austin Chalk geological formation in Wilson County.
Titan, formerly based in New York, is a small, five-person exploration and production company. The company announced Wednesday, Oct. 28, that its No. 1 well had produced 225 barrels of oil.
"This is a great day for Titan as we bring our first oil to market," says Titan CEO Kent Jacobson. "Our petroleum engineer, Peter Maupin, called Tuesday for an oil hauler to pick up our first load of oil. At that point we had produced 225 barrels and we will keep producing until the truck arrives."
http://www.bizjournals.com/sanantonio/stories/2004/11/08/daily26.html
November 10, 2004
Titan Consolidated's well continues to produce oil
Titan Consolidated Inc. on Wednesday said that its No. 1 well produced another 115 barrels oil under its own pressure. This follows Titan's last month production of 195 barrels.
Titan (OTCBB: TTCS) had produced enough oil to fill two truck loads.
"We are quite pleased that the well is continuing to produce oil under its own pressure and anticipate this to continue for a few more weeks before putting the well on pump," says Titan CEO Kent Jacobson.
San Antonio-based Titan is engaged in oil and gas exploration and production. Its drilling and well development activities are currently centered in the Austin Chalk formation in Wilson County.
http://www.bizjournals.com/sanantonio/stories/2005/01/24/daily22.html
January 26, 2005
Drilling on Titan's Kosciusko #1 well is underway
Titan Consolidated Inc. on Wednesday said that drilling is underway on its Kosciusko No. 1 well in Wilson County.
Titan's (Pink Sheets: TTCS) well is a vertical re-completion of an existing horizontal well with a history of solid production, says Titan CEO Kent Jacobson.
The San Antonio-based company is in the process of drilling vertically 550 feet from the bottom of an existing hole to a total depth of 7,200 feet. Titan is awaiting an order of steel tubing from Cressman Tubular in Addisson, Texas.
"Everything has progressed as expected thus far," says Titan's Petroleum Engineer Pete Maupin. "We have ordered a large workover rig, capable of deep drilling to reach our target depth, from Capital Well Services of Charlotte, Texas. We look forward to the completion of this well."
Titan is engaged in oil and gas development. Its business model is to redevelop oil and gas fields with a history of production, while looking for opportunities to expand into new properties.
The classic PUMP is a 1000bopd (barrels of oil per day) well, and getting off the Pink Sheets.
That kind a Hype worked last year and lured in a lot of people that are now bagholders.
So sad that those people are now throwing out the same crap that got them in the stuckholder position in the first place.
So Sadly desperate wanting out trying to at least break even
A bone for Kid on the Yahoo Long Board!
If Titan was getting better then Ken Jacobson's, would have never left.
Think about it...............
A bone for Kid on the Yahoo Long Board!
If Titan was getting better then Ken Jacobson's, would have never left.
Think about it...............
slojon, how did you find out about me being canadian and how did you get my name?
http://www.saskatoongcc.com/admin.html
Just sitting back to watch things self implode. I will be back soon with more "NEW" verifiable DD on TNOG and DKGR. ;)
Like all stinky pinkies the insiders make more money selling the stock on the run after a PR than the actual crap they promote!
They did that a lot in the past and still keep doing it.
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=TNOG&FormType=form144&mktt...
Form 144: Filing to Sell 2340596 Shares of Titan Oil and Gas Inc (TNOG)
6:39 p.m. 06/03/2006 Provided by
Jun 03, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: June 02, 2006
Filer: JACOBSON, KENT Relation: Executive Officer
Stock Name: Titan Oil and Gas Inc Stock CUSIP: 888313103
Stock Symbol: TNOG Exchange: OTC
Transaction date: June 02, 2006 Shares for sale: 2340596 Value held: $21094
I can't find your verifiable DD, will you go ahead and re-post it if you can?
missed target? Yea right. Do you have any Verifiable DD to post Montanore?
The Bastrop area of the J holderman Survey has been drillled and re drilled and has not found oil yet, 2 times for the specific well that Tejones is about to re-re-drill for the 3rd time, look at the TRRC map and see.. no oil around here, you have to go east 3 miles to find the big lake of currently producing oil wells..
The green dot with a slash is the well the have a permit to re-re-re drill,. the legend that is posted in the second link below; Then look at the 3rd link wells just east 3 miles that have been producing for years
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=HoldermanWells
The legend;
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=TRRCLegend
http://crowtf.myphotoalbum.com/view_photo.php?set_albumName=album07&id=holdermanEast
Any one figure out why TNOG does not produce much oil in Kosciusko, Wilson County of Texas? Maupin the TNOG engineer and the original owner who drilled the wells and under a few of his previous companies sold the Kosciusko wells to Kent Jacobson (Titan) for $28,000. They put out PRs about re-drilling the K1 well and the PPS went up on the hype about Midway Pipeline investing lots of money building the pipeline to sell the gas. This is when the PPS was climbing fast and a lot of people jumped aboard at a high pps. Titan would put out many prs to keep the "investors" informed.
Then the K1 took a long time to reach its completion of the K1 well drill and the pps started to descend without prs, then after a long time an announcement was make the K1 was dry.
and they were to hook up a high volume pump on the Stanley unit and use the K1 as a disposal well. This has surely bought some time so far. The disposal well permit has not been submitted yet per the TRRC.
And no announcement of A High Volume pump either.
WHY IS THAT??
TNOG history. (verifiable)
Titan Consolidated. PRs
Here are several PRs from 3/08/04 - 1/26/05
http://www.primezone.com/newsroom/news.html?d=53796
Titan Consolidated Inc. to Purchase Video On Demand Company LodgeView Entertainment
VANCOUVER, British Columbia, Canada, March 8, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it has agreed to purchase LodgeView Entertainment Inc., a Canadian based provider of Video on Demand services to the Hospitality Industry. The purchase will allow Titan Consolidated to enter into the VOD market and to roll out a comprehensive communications bundle to include VoIP technology and other services. LodgeView generates its current revenues from installations in 14 hotels in Canada and is looking to expand its client base across North America and parts of Asia. The company is also negotiating with several other potential hotel clients.
For Titan Consolidated, it means that the company will now have access to an integrated and expanding VPN (Virtual Private Network), which in turn will provide a virtually cost free backbone in which the company can deploy its planned VoIP services. This can be accomplished due to the modular construction of the technology and the already revenue generating Video On Demand (VOD) services. Further, Titan also plans to roll out an integrated Value Added Services package to hotels, including foreign exchange and money transfers, customer loyalty programs. LodgeView technology also includes Internet Broadband services and is based on new proprietary technology designed exclusively by LodgeView technicians and designers.
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 Consolidated Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Software Industry, VoIP and Video On Demand, 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.
http://www.primezone.com/newsroom/news.html?d=56327
Titan Consolidated Inc. to Develop Oil and Gas Project in the Austin Chalk Trend Area of Texas
SAN ANTONIO, April 22, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it will develop an oil and gas area in Wilson County, Texas. This reservoir area has a long history of oil exploration and production. Although it is difficult to determine exact reserves in the Wilson County Field, an estimate can be based on its size - approximately three miles long by 3/4 miles wide - as well as historical data, engineering reports and seismic information. On this basis, a minimum of 2,000,000 barrels of recoverable oil can be assumed. At today's prices this could represent as much as $60,000,000 of gross oil revenue. A Term Sheet has been signed and Titan has also negotiated Prospect and Operating Agreements, reflecting 100% ownership in the project after initial payouts.
Income will be realized from natural gas production in the initial stages of drilling. The Wilson County Field is expected to produce a significant amount of natural gas. Based on historical and seismic information collected by Petroleum Engineer Peter Maupin, gas sales are estimated to be a minimum of $12,000,000.
Existing infrastructure and development will allow for significant cost reductions. The property has an existing gas line to the field, which will save time and expense in bringing our gas to market. Further cost savings will be realized as the 20 existing abandoned vertical well bores will be used to launch horizontal laterals. This will further drop costs from an estimated $600,000 to $150,000 per well. Therefore, once the field is fully developed, a substantial gross return can be expected, assuming the world's strong demand for energy keeps prices at a consistently high level.
Initially, Titan will raise $370,000 by way of a private placement. Use of proceeds will include drilling costs, conversion of an existing well into a water injection well, a water disposal system, gas gathering, etc. A suitable operator will work the completed wells and any costs over-runs for such operations will be the responsibility of the operator, specific to the Prospect and Operating Agreements.
Both Titan Consolidated and Engineer Peter Maupin look forward to the development of future Oil and Gas projects in the same area of Texas and will endeavor to locate additional properties with similar attributes and available historical data.
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 Consolidated 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.
http://www.primezone.com/newsroom/news.html?d=56536
Titan Consolidated, Inc. Moving Corporate Offices to San Antonio, Texas
SAN ANTONIO, April 27, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it has moved its corporate offices to San Antonio, Texas, in order to facilitate its work efforts in the San Antonio Chalk Trend area. The new offices will house Petroleum Engineer Peter Maupin and other engineers related to the Austin Chalk project in Wilson County and will serve as a base for other projects in the State of Texas.
The company's corporate offices are now located at:
Titan Consolidated Inc. The Petroleum Center Suite E-104 900 NE Loop 41 San Antonio TX 78209
The Company has launched a new corporate website, http://www.titanoilandgas.com Please consult the "Wilson Project" page at the website for a detailed description of the Austin Chalk project in Wilson County. The web site will be updated periodically over the next 7 days as new information is added. You may also contact Investor Relations at its new e-mail address: info@titanoilandgas.com
Titan Works Toward Completing Filings with the Exchange
Titan is also working to complete its filings with the exchange in order to resume its quotation on the OTC:BB. The company will need to complete all accounting processes and is now preparing for its required audit. Although little activity has taken place over the last 2 years, all financial documents and related materials are being compiled and the company will forward the necessary materials to an auditor as soon as practically possible. The company will keep shareholders informed regarding its progress.
http://www.bizjournals.com/sanantonio/stories/2004/05/10/weekinbiz1.html
Titan Consolidated
San Antonio has become the new home for a publicly traded oil and gas company.
New York-based Titan Consolidated Inc. (Pink Sheets: TTCS) has relocated corporate headquarters to San Antonio in order to invest in oil and gas projects in South Texas.
Titan, a small, five-person exploration and production company, will locate its headquarters in the Petroleum Center in Northeast San Antonio. The company is currently focused on projects in the Austin Chalk geological formation.
The company announced last week that it has signed agreements for leases in Wilson County that could generate an estimated $60 million in oil sales and $12 million in natural gas sales once the fields are fully developed.
The company hired long-time petroleum engineer Peter Maupin to head up well development efforts. Since 1971, Maupin has developed more than 100 wells in the Austin Chalk formation for various small, independent oil and gas firms.
Initially, the company will develop three horizontal wells in Wilson County that will come online by the middle of summer, Maupin says. Titan will develop additional wells in the field as capital permits. He anticipates the three-well project will cost $370,000 to develop.
http://www.bizjournals.com/sanantonio/stories/2004/09/13/daily25.html
Titan signs gas production contract with Midway Pipeline
Titan Consolidated Inc. (OTC:TTCS) has signed a gas production contract with San Antonio-based Midway Pipeline Inc.
Titan signed the contract in order to facilitate the sale of anticipated gas production in the Stanley Unit, Wilson County, Texas. The field is located in the Austin Chalk formation.
"We are pleased to have contracted Midway as our gas distribution company, and we look forward to a successful relationship," says Kent Jacobson, president of Titan. "The company's operations are well under way on the Wilson County property, leading us to take steps to ensure that we have the capacity to handle anticipated gas production."
http://www.primezone.com/newsroom/news.html?d=64167
Titan announces gas separator installation on Stanley Unit (Austin Chalk) Wilson County, TX.
SAN ANTONIO, Texas, Sept. 21, 2004 (PRIMEZONE) -- Titan Consolidated, Inc. (Pink Sheets:TTCS) President Kent Jacobson announced today that the Company has installed a gas separator unit on its project in the Stanley Unit (Austin Chalk) Wilson County, Texas.
Additional gas treating equipment, including an H2S Sample Monitor, has been provided by Midway Pipeline, Inc., of San Antonio, Texas. Titan has advanced the installation costs, which will be returned by means of an additional 5% payment to Titan each month above the current gas sales price, per terms of Titan's contract with Midway.
The gas separator and ancillary equipment will allow natural gas to be treated on-site, allowing Titan to get the best attainable market price on anticipated production.
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 Consolidated, 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.
http://www.bizjournals.com/sanantonio/stories/2004/09/27/weekinbiz1.html?page=2
Titan Consolidated
Titan Consolidated Inc. (OTC:TTCS) has signed a gas production contract with San Antonio-based Midway Pipeline Inc.
Titan signed the contract in order to facilitate the sale of anticipated gas production in the Stanley Unit, Wilson County, Texas. The field is located in the Austin Chalk formation.
"We are pleased to have contracted Midway as our gas distribution company, and we look forward to a successful relationship," says Kent Jacobson, president of Titan. "The company's operations are well under way on the Wilson County property, leading us to take steps to ensure that we have the capacity to handle anticipated gas production." .
http://www.primezone.com/newsroom/news.html?d=65176
Titan Anticipates Sales of Natural Gas by End of Week; Natural Gas Imminent on Stanley Unit (Austin Chalk) Wilson County, TX
SAN ANTONIO, Texas, Oct. 7, 2004 (PRIMEZONE) -- Titan Consolidated, Inc. (Pink Sheets:TTCS) reports that it has completed installation of gas pipe to the wellheads of its 2 major wells, and final electrical wiring is being done on the H2S Sample Monitor for gas processing. With the purchase agreement by Midway Pipeline already in place the Company anticipates sales of natural gas from the Stanley Unit (Austin Chalk) Wilson County, TX. to begin by the end of this week.
It is very difficult to determine exact reserves in the Austin Chalk because of the nature of the reservoir, as it is made up of fractures and fissures. From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide -- we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $84,000,000.00 of gross oil revenue at today's prices.
We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $20,000,000.00 of gross gas revenue at today's prices.
Titan CEO Kent Jacobson comments: "We are pleased to reach this important milestone as a Company, as we begin the production phase of our operations."
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 Consolidated, 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.
http://www.bizjournals.com/sanantonio/stories/2004/10/25/daily26.html
Titan brings first oil to market
Titan Consolidated Inc. (Pink Sheets: TTCS) is bringing its first oil to market since relocating in San Antonio and signing leases for three wells in the Austin Chalk geological formation in Wilson County.
Titan, formerly based in New York, is a small, five-person exploration and production company. The company announced Wednesday, Oct. 28, that its No. 1 well had produced 225 barrels of oil.
"This is a great day for Titan as we bring our first oil to market," says Titan CEO Kent Jacobson. "Our petroleum engineer, Peter Maupin, called Tuesday for an oil hauler to pick up our first load of oil. At that point we had produced 225 barrels and we will keep producing until the truck arrives."
http://www.bizjournals.com/sanantonio/stories/2004/11/08/daily26.html
November 10, 2004
Titan Consolidated's well continues to produce oil
Titan Consolidated Inc. on Wednesday said that its No. 1 well produced another 115 barrels oil under its own pressure. This follows Titan's last month production of 195 barrels.
Titan (OTCBB: TTCS) had produced enough oil to fill two truck loads.
"We are quite pleased that the well is continuing to produce oil under its own pressure and anticipate this to continue for a few more weeks before putting the well on pump," says Titan CEO Kent Jacobson.
San Antonio-based Titan is engaged in oil and gas exploration and production. Its drilling and well development activities are currently centered in the Austin Chalk formation in Wilson County.
http://www.bizjournals.com/sanantonio/stories/2005/01/24/daily22.html
January 26, 2005
Drilling on Titan's Kosciusko #1 well is underway
Titan Consolidated Inc. on Wednesday said that drilling is underway on its Kosciusko No. 1 well in Wilson County.
Titan's (Pink Sheets: TTCS) well is a vertical re-completion of an existing horizontal well with a history of solid production, says Titan CEO Kent Jacobson.
The San Antonio-based company is in the process of drilling vertically 550 feet from the bottom of an existing hole to a total depth of 7,200 feet. Titan is awaiting an order of steel tubing from Cressman Tubular in Addisson, Texas.
"Everything has progressed as expected thus far," says Titan's Petroleum Engineer Pete Maupin. "We have ordered a large workover rig, capable of deep drilling to reach our target depth, from Capital Well Services of Charlotte, Texas. We look forward to the completion of this well."
Titan is engaged in oil and gas development. Its business model is to redevelop oil and gas fields with a history of production, while looking for opportunities to expand into new properties.
I’m just a dreamer.
I’m just a dreamer, I dream my TNOG life life away,
I’m just a dreamer, who dreams of better Titan days.
Gazing through the wanta be oily window at the world outside,
Wondering if TNOG will survive,
Hoping that Bashers will stop abusing her, sometime.
After all there’s only just the two of us,
And here we are still fighting for our lives,
Watching all of TNOG history repeat itself, time after time.
I’m just a dreamer, I dream my life away,
I’m just a dreamer, who dreams of better days.
I watch the sun go down like everyone of us,
I’m hoping that the new management will bring a sign,
A better place for those who will come after us, this time.
If only we could all just find serenity,
It would be nice if we could live as one,
When will all the RB anger, hate and bigotry be gone.
I’m just a dreamer, I dream my life away,
I’m just a dreamer, who dreams of better days.
Your higher power may be God or Jesus Christ,
It doesn’t really matter much to us,
Without each other’s help there ain’t no hope for us,
I’m living in a dream, a fantasy, oh yeah.
I’m just a dreamer, I dream my life away,
I’m just a dreamer, who dreams of better days.
I’m just a TNOG dreamer.
Spidey seems Doc started the rumor of 1000 BPD, and that is where you got the info from...........ask him to help you with finding verifiable info to help back up your claim of just 200BPD.
He said 1000 BPD. if you two work together I'm sure you two can work together to head back to reality. Just find a well in Bastrop or Wilson county that has produced 200 or more BPD and post links for all to locate from The TRRC so it can be verified
http://www.investorshub.com/boards/read_msg.asp?message_id=11324896
Will Spiderman take my challenge;
200 bpd each??? You pump more than that, ROFLMAO
Spidey come back to reality. A challenge for you is to search the TRRC and come up with proof of any well in Bastrop or Wilson County that produces 200 BPD for a month or more. If you need to figure out how to search the TRRC (Texas Railroad Commision who regulates Oil & Gas here in Texas) just ask me!
I be waiting for an answer and following up with you often for your proof!
Deal??
I agree with you wholeheartedly too montanore, once that Titan verifies Thu the TRRC that they have oil in large enough quantities that will be shared with Share holders and then become a reportable company with verifiable Audited financials filed with the SEC.
Do you agree?
Did everyone on the Yahoo Long board follow Kids advice and file a complaint with the FBI??
TNOG is your stock and you need to take control and demand that Titan find oil in quantities that make a profit before they release a PR.. Not just a pumping PR like the K1 was last year in Kosuisko. And only release a PR when it is verifiable with the TRRC (Texas Rail Road Commission which regulates the Oil & Gas Industries here in Texas.
In the mean time we have to get rid of some conspiracy that is keeping Titan from finding Oil In Texas, or is it, never mind they are being shorted. Which is it? Kid or Doc can answer that question just ask them!
Titan needs verifiable Oil.........period!
All agree?
From: "kid shelleen"
Date: Fri Jun 2, 2006 10:42 pm
Subject: Re: Tnog Longs.... fe_xl1
Note:
If and when you do file a report with the FBI,
Fill out on the complaint cover sheet "Stock Manipulation Conspiracy"
Remember - in numbers we have strength.
kid shelleen
--- In tnog-longs@yahoogroups.com, "kid shelleen"
wrote:
>
> I sincerely urge each and every one of you to contact your local
FBI
> Office and file a report against the "Manitoba Group" for
violation
> of RICO (Racketeer Influenced and Corrupt Organizations) statutes
as
> regards their hostile pattern against TNOG and it's shareholders.
>
> I have. You can too.
>
> kid shelleen
Prove your post with links to the following per your last post; I can...
mont said""Example: One of the wells they're redrilling at the Bastrop lease did have oil and gas. You never mention that.""
crowin says..provide the TRRC link to verify any production of oil or gas in that specific well they are re-re drilling in Bastrop? let me help you with the specific well # to search on the Texas Rail Road Commision site( API# 021-30581)
http://www.rrc.state.tx.us/interactive_data.html
mont said ""Example: The K1 well had oil and gas. It tapped out, but they did have it. And they may have it still. They may redrill to find the missed target. You never mention this. You'd rather dredge up endless reruns of your well-spun DD...some of it nearly a year old. You ran those same reruns many dozens of times on RB before they booted you.
crowin says: they did drill the K1 and it burped a few times and last summer and it has had no production sinse then;
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=KosuisWell
Mont says:Example: You say TNOG is not discovering new oil, but merely opening up 'old capped' wells. Spun as a negative when in fact TNOG on its own website says that's what their business is predicated on! It is cheaper to reopen and redrill wells where there was oil than to wildcat (where the chances of finding new oil is much less).
Crowins says: you are right, they re drilled the K1 and you know the results of that. and you also remember the past results of the J Holderman survey well drilling, if not here is a map of those past results per the TRRC:
http://ragingbull.lycos.com/mboard/boards.cgi?board=TNOG&read=125618
Mont says:Exmple: You posted over and over how dangerous pinks are and how few pinks ever graduate to other markets. And yet in your profile you say you prefer high-risk stocks. While you are trying to warn newbies to stay away from pinks, your true motive is to keep 'em out of TNOG. Very slippery. Investors are adults and nearly anyone who invests in pinks KNOWS they are volatile and risky. They are responsible for their own decisions and they don't need you treating them as children. (Another old basher ploy--act as a 'wise' old man).
crowin says:
http://www.usatoday.com/money/perfi/general/2005-11-10-pink-sheets-mym_x.htm
mont says;Example: You leave out how your animosity toward TNOG and Maupin may somehow be tied up with your brother in-law who is in the oil business with a different company. He may have a personal grudge against Maupin. As a result, any negative thing about TNOG is ballooned and endlessly repeated by you, but when it comes to revealing your own motives, it's totally 'hush hush.' I guess you're leaving it up to us to 'discover' your true motives. Do you work for the Manitoba Group? Did you lose a ton on a pink sheet stock and decide to 'get even' with TNOG? Working with an MM? Just a crank with an unusual hobby? Tell us the reason behind your feverish obsession with TNOG and your credibility will become far more verifiable.
crowin says; my brother in law works for Marathon Oil in Houston and is a great resourse for oil related info that I seek. the Maupin, my-brother in law conspericy hype was brought up many times. No connetion. As far as Manitoba, will you give me the address so I can mail them a resume?
mont says:Example: You use the word 'verifiable' as a catchphrase to cover your tracks and what you're leaving out. And that is TNOG is a viable start up oil company with a lot of potential.
crowins says; I post the verifiable links for information, any thing wrong with what you find?
mont says;Example: You went to the K well when nobody was around. (Actually, you trespassed). Whatever you said regarding a lease holder is hearsay. Whatever you interpreted was completely your own spin. Whatever you see out of a plane over Bastrop should be treated with the same skepticism--and nothing will be verifiable even if you say it is!
crowins says;
http://ragingbull.lycos.com/mboard/boards.cgi?board=TNOG&read=125522
If you like more Verifiable TNOG DD read all my previous post.
http://www.investorshub.com/boards/profile.asp?User=53217
or
http://ragingbull.lycos.com/mboard/memalias.cgi?board=TNOG&member=krosback
dr silky, 50 bbl per day was a over exaggerated example I used to show a dollar figure for what would be left over after all expenses are deducted. After researching the TRRC I can see that I'm now guilty of PUMPING TNOG with that 50 bbl/day figure.
The question is why do you use the 1000 bbl/day figure on the Yahoo Long Board?
You are now guilty of MEGA PUMPING
Doc , will you please explain why you use a 1000 bbl/day for your example on the Yahoo Board, many would like to know the answer to that question but they also know that if they were to ask that question on the Yahoo Long board they would be booted.
doc, you are dreaming (and pumpin big) on the Yahoo Tnog Long board, you are trying to pump up everyone up with post like this: BTW DOC, how do you come up with a figure of 1000 bbl per day??
*******************************************
From: "dr_silkworth2002"
Date: Sat May 27, 2006 7:36 am
Subject: Here's a breakdown of the percentages again............. dr_silkworth...
Tejones assignment for (3/16) of 77.333% of 8/8ths
Tejones gets 14.4999375%
Oasis Oil assignment for (1/2)of 77.333% of 8/8ths
Oasis gets 38.6665%
Titan Oil & Gas assignment for (7/32nds)of 77.333% of 8/8ths
Titan gets 16.91659375%
Johnny Harrison assignment for (1/16th)of 77.333% of 8/8ths
Johnny gets 4.8333125%
Ken Jacobson assignment for (1/32nd)of 77.333% of 8/8ths
Ken gets 2.41665625%
These would be the exact percentages which would give Titan
approximately 10 bucks a barrel @ 1000 bbl/day which would gross
approximately 3.65 million a year at 75 dollars a barrel.
As everyone can see.....the totals above are dealing with only
77.333% of 8/8ths so we have an additional 22.667% that is not
accounted for which should go to land lease owners and other
unexpected expenses. Since it is not published then we can only
assume what the 22.667% goes to. It is obvious in the percentages
above who is funding the drill so trying to lead people to believe
that Titan will be giving up money out of the 16.91659375% they get
is a FUD tactic.
On another positive note, it's good to see Ken is still involved
just like Clayton told me. He did not run from his position as
indicated by some posters. I find that very, very interesting.
doc
**************************
As per the Texas Railroad Commission all the oil wells combined in Bastrop County have only produced an average of 7,250 BBL per month.
So, if Tejones were to produce 1000 BBL/day this would be called a miracle, and the odds of that are what? Only on the Yahoo pump board, ROFLMAO
Again, Doc you may enjoy my verifiable DD and use it without my permission anytime
Here are the Monthly oil & Gas production figures reported by the TRRC,
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=BastropProduct...
Anyone ask Clayton or Brandon or Titan why Oasis gets 38.6%? of the Royalty's?? that is more than Titans share of 16.9%, and why is that???????????????????????
Mega keep up the good work, you make me bring out more DD about TNOG..
I feel for you, you can continue with the nit picking with me if you like, the fact is that K1 well in Kosuisko has not produced for the last 9 months... (give or take 30 seconds) my guess if I was off 1 day you would pick at that then??
Bring it on you make me want to provide more DD, I do guess that you do know I have a whole lot more to provide! Wanna talk about the Stanley Unit next? Na, lets finish with the K1 first...What more do you have?
My neighbor just got his Private Pilots license, so When they announce that a rig is on site in Bastrop County, he and I will fly over it and take pictures. I have the coordinates of the well, API # 021-30581 per the Texas Railroad Commission which is located at:
Long. 97.13889
Lat. 30.1335
And so we will be able to fly straight to it in less than 40 minutes..
Unlike others, I tell no one to:
Sell,Sell,Sell or Buy,Buy,Buy or Hold,Hold,Hold
I just provide verifiable DD..
Each need to be accountable for what ever they do!
I posted this a year ago....now who was correct?
......DD for TNOG......
Titan Oil and Gas web page:
http://www.titanoilandgas.com/
Titan has intentions to re-complete wells that were formerly good producers. (Per the web page)
These wells have been abandoned and cemented years ago do to lack of profitable production.
Due to the recent surge in the cost of a barrel of oil it is now feasible for the re-opening of these wells.
Titan is not drilling new wells, just only re-opening old abandoned wells!
Per my DD, mine only! These are profitable only with the service companies here in South Texas that own there own work over rigs, pumps, tank battery’s, transport trucks, guagers, in other words, with very little overhead.
Watch the video real close? Notice that they are waiting for the flow, and then you see it gush for 10-12 seconds. Notice that it stopped before they do any thing, is this a real gusher from an abandoned well after being capped for years. Yes! This is trapped gas that has accumulated But for how long?
Was this Video Staged?
Notice in the video where the guy on the floor holding the chain when the oil-water starts to over flow. You can see where he points to the circulating pump operator (24-25 seconds into the video) on the other side of the rig to shut down, you then notice the flow stops;
Staged?? . Heck yes
http://www.titanoilandgas.com/k1.wmv
When they show the guys using a pipe wrench to remove the short piece of pipe, it then became an open hole (no pressure?) They screwed on a block valve not a Christmas tree. The circulating pump is show in this video
http://www.titanoilandgas.com/k2.wmv
A real High pressure well will have A Christmas tree installed and it looks like this:
http://www.rwintl.com/mmainf2.jpg
If a well has little or no pressure they install a block valve like in the video.
With no pressure they have to use a pump jack and here is a picture of the wellhead they would use for that.
(LOOK FAMILIAR)?
http://www.cardinalsurveys.com/t3_55.htm
Also check out in the video the hole dug in the earth unlined, this is a no no With the TCEQ, the Texas Commission on Environmental Quality. It must be lined to comply.
http://www.tceq.state.tx.us/comm_exec/communication/media/05-05PasadenaAgenda.html
(and the EPA. When you have a spill like in the one in the video you have to report it to:
http://www.tceq.state.tx.us/
http://www.rrc.state.tx.us/divisions/og/key-programs/spillincident.html
From the well head the oil & gas mix goes thru a separator to separate the Gas & oil-water mix. Gas will to a compressor station and the oil goes to the tank battery like the one in the pictures below. Here is what a separator looks like:
http://www.challengerps.com/pics/pic10.jpg
Once the oil-water gets to the tank battery the oil floats to the top and the water on bottom. This is where the oil is drawn off the top and sent to the two silver tanks on the right, then either pick up by 18 wheeler, which will attach to the pipe running to the outside the earthen beam around the that is shown with the red pipe wrench leaning on it. The salt water is either picked up by truck and taken to a disposal well or is injected to a local well for disposal, which helps force oil to the next producing well!
The green doomed tank in this picture:
http://www.novakcapital.com/TNOGgallery/02.html
is made of fiberglass, and is not for pressure (gas), notice the piping on the top from it to the next one to the left (over flow) Fiberglass tanks are cheaper than steel tanks and hold up better in the corrosive salt water environment! These tanks vent directly to the atmosphere, no pressure accumulates here.
No gas pressure here with this picture:
http://www.novakcapital.com/TNOGgallery/07.html
When you use a pump jack to extract the oil it is due to no down hole (gas) pressure to push the oil up.
This pump jack is used to bring up the oil-water mix, which is pumped to the tank batteries for separation.
I only live 65 miles from the wells and have stated to this thread in the past that I would go by and check out the wells. My offer still stands. Some have said they will provide info. No reply for the past three weeks.
Per the Texas Railroad Commission that regulates the Oil and Gas production here in Texas they have set a limit on the Stanley unit to 1085 barrels per month: This is the only well I see:
http://www.rrc.state.tx.us/divisions/og/stripout/t1.html
Now my legit concern: If Titan has to pay for all services preformed for the re-opening of these wells then what will the profits be after they deduct expenses for:
lease payment
Royalty PMT
State taxes
Drilling cost
tank battery cost
Pump Jack when flow stops (SOON)
guagers wages
company employees salary
PR expenses
and all other hidden cost.........
Yes, money can and will be made with these wells..
But, How much is left over for Stockholders?
Now, Who Am I?
I live here in South Texas and worked on a work over rig just like the one in the video in the early 70s as derrick hand for 11 months while going to College, I filled in on the floor as a tong man when needed I'm no expert, I know enough to stay out of trouble.
Also, my brother-in-law works for Marathon Oil in Houston TX. He has been a (PE) Petroleum Engineer for 28 years. He started in Midland TX then moved to Irran TX, then Hobbs NM, before ending up in the home office in Houston TX 1 1 /2 years ago after the big cuts. He is a great resource for my questions.
I have requested many times that anyone with oil and gas experience to please correct me about the above, no one has. Some have said that they will e-mail the company my DD for correction too and I have not heard any reply to correct me!
This is a pink sheet stock and is non-reporting to the SEC.
This DD is of my own honest opinion.
DO your own DD and then Decide!
I plan on plan on continuing to provide verifiable DD about TNOG!
montanore, now is your chance to prove me wrong. Go ahead and prove that one of the well's which you say produced oil.
Can you provide verifiable DD from the TRRC that they reported production of any well within the J Holderman Survey?
Waiting for your proof...verified by the TRRC!!
The Bastrop area of the J holderman Survey has been drillled and re drilled and has not found oil yet, 2 previous times for the specific well that Tejones is about to re-re-drill, look at the TRRC map and see.. no oil around here, you have to go east 3 miles to find the big lake of producing oil..
The green dot with a slash is the well the have a permit to re-re-re drill,. the legend that is posted in the second link below; Then look at the 3rd link wells just east 3 miles that have been producing for years
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=HoldermanWells
The legend;
http://crowtf.myphotoalbum.com/view_photo.php?full=1&set_albumName=album07&id=TRRCLegend
http://crowtf.myphotoalbum.com/view_photo.php?set_albumName=album07&id=holdermanEast
Definition of Wildcat:
""An oil or natural-gas well drilled in an area not known to be productive.""
See the other definitions too;
http://dictionary.reference.com/search?q=wildcat
Wildcat
Why does the TRRC label the field they are about to re-re-re drill in A wildcat field per the Drilling permit issued to Tejones? This may be why the have labeled the field a Wildcat because it has not produced any productive wells, and the TRRC knows this. Look at the permit and see what field it is in.
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=EBERLE%252C%2BE...
Bastrop re-re-re-drill well name: will be called
EBERLE #1
for those that follow the well production here is the TRRC well # API 021-30581
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=EBERLE%252C%2BE...
How to find Documents in Bastrop County
Go to the link provided below and click on "Search Online Public Records" at the bottom of the page. Then click accept.
Under Real Estate on the left click on Grantee List type, and Use "Maupin" in the Search and you will see the documents.
Also go back and do A search under the Grantor List
This is just another form of Verifiable DD that I bring to the board, what do you have Doc?
http://www.co.bastrop.tx.us/ips/cms/countyoffices/countyClerk.html
Montanore,
I wish to win no ones respect, I post verifiable DD and everyone has to make their own decision about what I post. I care nothing about what anyone thinks of me for doing it.
( + or - )
Hey Doc, stop and smell the roses, they haven't even given you the High Volume pump for the Stanley well they mentioned in Nov 2005, 6 months ago. Worst yet, no application to the TRRC for A salt water disposal permit has been submitted..
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B99F41FB0%2D4087%2D4DC5%2D9CB0%2D389847DEECF...
Good luck to ya!
I have never recommended anyone to buy or sell, I just provide verifiable DD. Everyone has to be accountable for their own decision
I provide verifiable DD! what do you have to provide?
Are you talking about the ostrich board, where the stuck holders meet to feel warm and cozy by pumping just wishful thinking and to ignore fact??
Yes, you people now can now enjoy your privacy without me being able to read and then post verifiable fact to counter your pump of TNOG.
Yawn, now I guess I can get some rest from proving you pumpers wrong..
Doc silkworth, did you ask Maupin if my DD was correct about the assignment of interest Maupin made of his Leases in Bastrop that is available on the internet? Please inform the board of your findings..