** NEW PRESS RELEASE **
Press Release Source: Titan Oil and Gas, Inc.
Titan Oil and Gas, Inc.-Four-Mile Gas Pipeline Under Construction
Tuesday May 24, 1:14 pm ET
SAN ANTONIO--(BUSINESS WIRE)--May 24, 2005--Titan Oil and Gas, Inc. (TNOG:OTC) announces that Midway Pipeline, Inc. is constructing a four-mile gas pipeline in order to meet the demands of anticipated gas production from Titan's properties in Wilson County, Texas.
Midway President Ray Reus comments: "Construction of a four-mile pipeline is a considerable commitment by our company. We feel it is a sound investment in view of anticipated gas production from Titan's Kosciusko and Stanley properties."
Titan CEO Kent Jacobson remarks: "We are pleased to see Midway's commitment to handle our anticipated gas production in the most efficient manner possible. We look forward to a lengthy and profitable relationship with Midway for the mutual benefit of our respective companies."
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.
Titan Oil and Gas, Inc. (PINK SHEETS:TNOG - News)
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.
