Sunday, July 02, 2006 4:37:17 PM
For the Record, Titan Oil and Gas is presently involved in three drilling operations in Texas (Wilson, Bastrop and Caldwell Counties). Another joint venture with Klotzman Exploration should release details this month.
Titan's business model is to rework existing well bores. The three sites mentioned have more than 30 existing wells. Titan is actually pumping oil at the Stanley well in Wilson County as per the Texas Railway Commission reports. The potential exists for this company to expand that production greatly.
Oil exploration is a risky venture and everyone needs to do their own due diligence, but the next three months will provide real insight into Titan's capability. Oil production increases at the Stanley property combined with production at Bastrop and Caldwell should create a revenue stream that will drive the pps of this stock. Do your own research, and if you like what you see, get in for the ride. Good Luck!
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