Oil and Gas Main (fka OGM)

[dr_silkworth2002]

Titan Oil and Gas update Bastrop project

SAN ANTONIO, TEXAS--(MARKET WIRE)--Jun 21, 2006 -- Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce that the Bastrop County Project is nearing completion.
A backhoe had earlier been sent to the site to dig up the existing well casing. An additional section of casing was welded on, in order to be ready for the arrival of the workover rig.

The rig is now in the immediate vicinity of our Bastrop County wells, where it is completing another assignment. The operator informs us that we are next in line, once it is released from its current task.

Once the rig arrives, the initial procedure will be a swab test. Based on the results, the operator will determine the completion techniques to be used. These processes may include acidization and fracturing, as per the recommendations in the In-Depth Bastrop County Report, prepared by Titan's Petroleum Engineer, Peter R. Maupin, and posted at the company's web site. Please visit: www.titanoilandgas.com/future.htm to view the full report.

Titan CEO John Haylock remarks: "We are looking forward to the conclusion of this project, and hope for great results in keeping with the in-depth analysis prepared by our Petroleum Engineer, Peter Maupin."

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.



Contact:
Contacts:
Titan Oil and Gas, Inc.
Investor Contact
[phone] or Toll Free: 1-888-601-9983
[e-mail]
http://www.titanoilandgas.com



--------------------------------------------------------------------------------
Source: Titan Oil and Gas, Inc.