Tuesday, June 24, 2008 12:38:58 PM
Our initial objective in this Company after taking over was to clean major debts and legal issues which we have accomplished. Then it was to further the operations as established by the previous management including the Ebere #1 well in Texas expected to produce gas and possibly oil once the pipeline has been established. This can be finished any day really but we will refrain from putting out any expectations as it is management’s belief it will serve our purpose much better to wait until it is finalized prior to announcing. Our recent trip to Kern County opened up many opportunities on our current lease and other situations that can work positively for Titan. To this end, we will update additional news on our operations after we have finalized significant progress.
We would like to leave you with one thought however; we have a very aggressive plan in place to acquire additional production and the ability to growth production revenue significantly following a low risk, low cost model. We have already advanced these plans and will be delivering to market updates on such progress sooner rather then later.
TNOG Management
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