After doing some more DD investigating I have a question about the following PR. Is there a reason they send there money out of the US and what is going on with these other projects. Here is the posting....
Capitan Energy Companies, LLC and Titan Resources Form a Dubai-Based Holding Company
08/25/2008
Titan Resources International Corp. and its operating partner, Capitan Energy Companies, LLC, formed a Dubai-based holding company, Petro Global International Holdings Limited, and incorporated a subsequent Dubai-based entity, Ethiopian Exploration and Production Limited (EEP), to hold the assets awarded by the Ministry of Mining and Energy for Ethiopia to Titan as well as other oil and gas assets acquired by the company in the Middle East and Africa.
