Rock Ridge Resources, Inc. (RRRI)

[explorer186]

[From RB]

By: montanore
21 Nov 2005, 03:10 PM EST
Msg. 110748 of 110751
(This msg. is a reply to 110674 by crowtf.)
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FWIW, Clayton said TNOG still has capital, no debt and they weren't planning on a dilution. Also, I see TNOG is still on the SHO list. (But QOIL is now off!)

This is what was said about Bastrop in the press release:

SAN ANTONIO, TX -- (BUSINESS WIRE) – August 1, 2005 -- Titan Oil and
Gas, Inc. (TNOG:OTC is pleased to announce its new Central Texas
Project, with a substantial land block now having been leased in
Bastrop County in preparation for drilling.

Titan's initial drilling target is a re-completion of a well with
initial production tests of between 123 and 170 barrels of oil per
day, and between 84 and 178 mcf of gas per day, without stimulation.
This initial target well is within a core lease block of 146 acres
which has now been signed with Titan, along with a further 80 acres
having been committed. The Company expects that it will soon have
between 400-500 acres under lease, at which time it will immediately
commence drilling operations on its target well.


I believe Titan has secured those other acres and might PR about it
soon. I am not 100% sure if the bastrop well was in the chalk, but
i'm assuming it is.

(Voluntary Disclosure: Position- Long)