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Wednesday, 05/25/2005 10:20:32 PM

Wednesday, May 25, 2005 10:20:32 PM

Post# of 33129
Previous arangement Titan has made with Midway or could be in addition to the new wells. No idea of cost but the deal sounds of good business practices.

Titan announces gas separator installation on Stanley Unit (Austin Chalk) Wilson County, TX.

Distribution Source : PrimeZone Media

Date : Tuesday - September 21, 2004



SAN ANTONIO, Texas, Sept. 21, 2004 (PRIMEZONE) -- Titan Consolidated, Inc. (Pink Sheets:TTCS) President Kent Jacobson announced today that the Company has installed a gas separator unit on its project in the Stanley Unit (Austin Chalk) Wilson County, Texas.

Additional gas treating equipment, including an H2S Sample Monitor, has been provided by Midway Pipeline, Inc., of San Antonio, Texas. Titan has advanced the installation costs, which will be returned by means of an additional 5% payment to Titan each month above the current gas sales price, per terms of Titan's contract with Midway.

The gas separator and ancillary equipment will allow natural gas to be treated on-site, allowing Titan to get the best attainable market price on anticipated production.