Titan Oil and Gas, Inc.-Kosciusko #1 Tank Battery Installation Underway
Thursday May 19, 10:31 am ET
SAN ANTONIO, TEXAS--(CCNMatthews - May 19, 2005) -
Titan Oil and Gas, Inc. (TNOG:OTC) announces that surface work has been completed in order to begin flowing the Kosciusko #1 Well.
Titan CEO Kent Jacobson reports: "Surface tanks have now been delivered and installed, and heavy equipment is on-site constructing a firewall for the tank battery. We have scheduled a workover rig to commence flowing the well."
Jacobson further reports: "Work on the Stanley #1B Well has been completed. All pump components, electrical control panel and pump motor have been tested and are working fine. We have scheduled a workover rig to bring this well into production.
"We are pleased to reach these significant milestones in the development of our Kosciusko and Stanley properties, and look forward to bringing these wells on-line."
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:
Titan Oil and Gas, Inc.
Investor Hotline
(503) 618-0370 or Toll Free: 1-888-601-9983
info@titanoilandgas.com
www.titanoilandgas.com
Source: Titan Oil and Gas, Inc.
