Category Archives: First Titan Corp. FTTN

First Titan Corp. (FTTN) Teaming up with Houston Firm for Oil and Gas Leases in Nine Texas Counties

March 26, 2014

Today, First Titan announced that it had negotiated and signed an agreement with a Houston private oil and gas company for joint acquisition and development of oil and gas leases across nine Texas counties. The financial details of the agreement were not disclosed.

“A joint development arrangement across the large target area appeared to make a lot of sense for both companies; ultimately, previous management of First Titan and the private company agreed and were able to come to terms to leverage each companies’ strengths and accelerate the project forward,” said First Titan CEO G. Jonathan Pina said. “With this project and others on the horizon, I am excited to take the lead at First Titan and do so with the goals of growing assets, improving financials, and generating sustainable shareholder value.”

This joint development agreement with the Houston firm covers Bell, Milam, Falls, Robertson, Limestone, Freestone, Leon, Madison, and Brazos counties in Texas. First Titan’s partner will be leading the efforts to secure leases and operate any wells re-entered or drilled on the acquired acreage. Based on its due diligence, First Titan believes that there are several productive formations ranging in depth from a few thousand feet to over 12,000 feet throughout the target area.

Currently, First Titan has non-operating working interests in wells in Texas, Oklahoma, Alabama, and Louisiana. In the well in South Lake Charles Prospect, Louisiana, the well operator estimated to First Titan that approximately 41.1 billion cubic feet of natural gas and 3.2 million barrels of oil were available for extraction. The well was recently drilled to a target depth of 15,300 feet.

First Titan looks to build a robust portfolio of lucrative oil and natural gas assets with strong, continuing growth potential. Through its wholly owned subsidiary, First Titan LLC, the company looks to partner with energy developers that are pursuing new, innovative methods of oil and gas extraction, inclusive of new technologies, cleaner methods, and unconventional resources.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Growing Asset Base with New Leadership at Helm

March 25, 2014

First Titan is an early-stage, publicly held company committed to the exploration and development of oil and natural gas resources around the globe. Through its wholly owned subsidiary, First Titan Energy LLC, the company seeks to build a robust portfolio of lucrative oil and natural gas assets with continuing, strong growth potential. To that end, First Titan looks to partner with energy developers that are seeking new, innovative methods of oil and gas extraction, inclusive of new technologies, cleaner methods, and unconventional resources.

Currently, the company is building up its oil and natural gas asset holdings in North America. It currently is involved in projects in Texas, Louisiana, Oklahoma, and Alabama. First Titan has signified interest in pursuing strategic acquisitions of promising assets in Canada and Mexico. First Titan’s positioning for taking advantage of production at these project sites comes as forecasts for the oil and gas industry are encouraging. The US Department of Energy projects that domestic production of natural gas will increase by 56 percent by 2014, and the International Energy Agency estimates that international demand for gas will reach 92.5 million barrels a day in 2014, an increase of over 1 million barrels per day in 2013.

Recently, First Titan appointed a new President and CEO to steer its efforts in taking advantage of this short-term and long-term growth potential. Mr. Jonathan Piña, who previously served First Titan as a consultant in 2013, draws upon extensive experience in the oil and gas industry, as well as his strong familiarity with First Titan’s potential and vision. Particularly, he has experience in leading companies through various market conditions and various capital raise and acquisition/divestiture transactions. For his record, he was recognized by the Houston Hispanic Chamber of Commerce as the Emerging Businessman of the Year in 2008.

Mr. Piña’s oil and gas expertise spans multiple areas, including: financial and transaction experience; conventional exploration and production; unconventional resource development; liquefied natural gas commercialization; midstream operations; crude refining; and oilfield service. Before First Titan, he was the Founder and Managing Partner of Pimuro Capital Partners, an advisory firm for small and mid-cap energy companies. Prior to his role at Pimuro, Mr. Piña was Co-Founder and CFO at Circle Star Energy Corp., where he was responsible for asset acquisition, capital raising, deal sourcing and structuring, SEC reporting, financial modeling and forecasting, and financial and operational reporting. Before these two roles, he served in the leadership of an advisory group at Chiron Financial Advisors and Project Manager at Randall & Dewey, which is now a division of Jeffries & Company.

In the news release that announced his appointment, Mr. Piña commented, “After spending the last year as a consultant for First Titan Corp., I fully understand the vision this company possesses. We are prioritizing unique and potentially lucrative acquisition targets that will elevate the company moving forward. This is an exciting time to take the reins at First Titan Corp.” With this experienced executive’s savvy and experience at its helm, First Titan looks to emerge as a strong player in the growing oil and gas market.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Appoints G. Jonathan Piña as New Company CEO and President

March 17, 2014

Today, First Titan announced the appointment of a new company CEO and President, MR. Jonathan Piña. Mr. Piña brings to the company an extensive background in the oil and gas industry. He will be a tremendous asset in First Titan’s efforts to expand its oil and natural gas portfolio and drive even stronger gains for company shareholders.

Mr. Piña leverages strong experience across a range of functions in the oil and gas industry, including: financial and transaction experience; conventional exploration and production; unconventional resource development; liquefied natural gas commercialization; midstream operations; crude refining; and oilfield service. He has served as a consultant to First Titan since 2013. Previously he was the Managing Partner and Co-founder of Pimuro Capital Partners, a financial advisory firm serving small cap energy companies. His other prior role was in the capacity of Chief Financial Officer for Circle Star Energy Corp. from 2011 to 2013.

Mr. Piña is taking over these duties from Mr. Robert Federowicz, who had served as Interim CEO. Mr. Federowicz will be devoting time to other opportunities outside of the company. A holder of a Bachelor of Arts degree from Rice University and a Master of Business Administration degree from the Jesse Jones Graduate School of Management at Rice University, Mr. Piña also served as a Consultant/Project Manager at global investment banking firm Jeffries, and was Founder/Consultant at GJP Consulting.

“After spending the last year as a consultant for First Titan Corp., I fully understand the vision this company possesses,” Mr. Piña said. “We are prioritizing unique and potentially lucrative acquisition targets that will elevate the company moving forward. This is an exciting time to take the reins at First Titan Corp.”

First Titan, an oil and gas energy company seeking continued growth of a diversified oil and gas portfolio, possesses some of the best plays in Alabama, Louisiana, Oklahoma and Texas and is currently exploring additional acquisition targets.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Poised to Meet Initial Production Projections

March 11, 2014

First Titan Corp. announced today that it is confident that the report from the operator of its interest in a well in Oklahoma, and after completing initial test production, possesses the potential to meet its initial production projections.

FTTN’s interest in the Breaux #2, an oil and natural gas well in Logan County, Oklahoma, has completed pre-production. Operator, Bedford Energy Inc., successfully stimulated the down-hole location it was looking to activate. Equally encouraging are early projections for the Breaux #2. The company believes oil production can reach 15-20 barrels per day, and 500-700 cubic feet of natural gas (mcf) per day in the next phase of production.

In First Titan’s initial involvement with the Breaux #2 well, Bedford Energy identified the well to contain petroleum engineered proven reserves of 160,000 bbls of oil and 1.5 million mcf of natural gas, estimating production potential at more than $14 million worth of resources.

“The production numbers for the well in Oklahoma are on point with expectations for its current stage of development,” FTTN Interim CEO Robert Federowicz said. “Based on the reports from our operators, we believe the well has the capacity to meet initial production projections.”

Possessing some of the best plays in Alabama, Louisiana, Oklahoma, and Texas, FTTN is an oil and gas energy company seeking continued growth of a diversified portfolio in oil and gas. The company is currently exploring additional acquisition targets.

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Production Surpassing Earlier Estimates

March 3, 2014

First Titan Corp. announced today that the production numbers from an Alabama well it owns interest in is exceeding expectations and is expected to match or surpass pre-production projections.

The company’s producing well in the Little Cedar Creek Field in Alabama is pumping approximately 343 barrels of oil and 58,000 cubic feet of gas per day. Earlier estimates for the Conecuh County Brooklyn Field were for 400,000 to 800,000 barrels of oil to be extracted.

“Production at the Alabama well is on schedule and is quite promising at this point of extraction,” FTTN Interim CEO Robert Federowicz said. “We have full confidence the final production numbers will land within the initial well estimates, if not exceed them.”

FTTN, an oil and gas energy company seeking continued growth of a diversified oil and gas portfolio, possesses some of the best plays in Alabama, Louisiana, Oklahoma and Texas, and it is currently exploring additional acquisitions.

First Titan Corp. is compiling a noteworthy collection of oil and gas properties and is dedicated to the continuing development of energy assets throughout North America along with companies such as Chesapeake Energy Corp. (NYSE: CHK), Continental Resources, Inc. (NYSE: CLR), Ultra Petroleum Corp. (NYSE: UPL) and SandRidge Energy Inc. (NYSE: SD).

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continues to pursue partnerships with energy developers that are studying new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Sees Opportunity with the End of Mexico Oil Monopoly

February 26, 2014

Following news that the oil monopoly in Mexico has ended, First Titan Corp. has become active in exploring the potential for acquisition options south of the border.

With the exception of the Arctic Circle, Mexico is the largest unexplored crude area in North America. Citigroup projects Mexico’s potential oil production could reach 5 million barrels a day. This data is especially pertinent on the heels of The Mexico Congress recently passing a bill to end its 75-year state oil monopoly in the country.

News of potential new oil opportunities in Mexico is announced in a timely fashion with the company’s ambitious plans to add additional acquisitions to its oil and gas portfolio. The company currently possesses stateside assets in Texas, Oklahoma, Louisiana, and Alabama.

“We have been closely monitoring the situation in Mexico, and we believe the decision by Mexico’s Congress to pass that bill is a win-win,” FTTN Interim CEO Robert Federowicz said. “The foreign investment that will come with Mexico opening up its oil fields will offer a significant boost to their economy, while also providing forward-thinking, proactive companies such as First Titan Corp. an opportunity to further broaden their asset bases. The Company is currently exploring acquisition and joint venture opportunities in Mexico.”

FTTN is seeking continued growth of a diversified oil and gas portfolio. It is building a substantial collection of oil and gas properties and is dedicated to the continuing development of energy assets throughout North America alongside companies such as Continental Resources, Inc. (NYSE: CLR), Chesapeake Energy Corp. (NYSE: CHK), SandRidge Energy Inc. (NYSE: SD), and Ultra Petroleum Corp. (NYSE: UPL).

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

For more information about the company visit www.firsttitanenergy.com

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First Titan Corp.’s (FTTN) Louisiana Well Expected to Produce 4 Million Barrels of Oil

February 24, 2014

Today, First Titan reported that its South Lake Charles, Louisiana asset is entering its final stages of testing before going online for initial production. It is expected that this well has the potential for producing four million barrels of oil and 60 billion cubic feet of gas.

The operator of the well is currently perforating the well for testing its production potential. A few steps have been completed, and the well is scheduled to be up-and-running within the coming weeks.

“After we perforate the well, we will know how good a well we have,” First Titan Interim CEO Robert Federowicz said. “Based on the evaluation of the operator, we are extremely optimistic this is going to be a strong producing well with the possibility of being our best producing asset.”

First Titan is working to build up a robust portfolio of diverse oil and gas holdings and has committed itself to the continuing development of energy assets throughout North America.

More information about First Titan can be found at: www.firsttitanenergy.com/investors.html

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First Titan Energy (FTTN) Leading the Way in Domestic Oil and Gas Production

February 20, 2014

First Titan Energy, operating through its wholly owned subsidiary First Titan Energy LLC, is at the helm of one of the most lucrative industries in North America: U.S.-based oil and gas production.

This new and potentially highly profitable energy revolution in the United States is netting big returns for investors with the help of FTTN and its drilling partners. Through new drilling innovations and increasing global demand, FTTN is positioned as a leading early-stage company with great financial potential. Utilizing pioneering technology, FTTN is extracting U.S. oil and gas resources that were once considered too difficult or costly to recover. The potential payoff of these highly sought assets is likely to be massive ROIs for shareholders.

Over the next decade, a growth rate increase of 20 percent has been forecasted for U.S. crude production, according the Department of Energy’s initial 2012 Annual Energy Outlook. It is expected that net petroleum imports will drop from 49 percent of total domestic consumption as of 2010 to only 38 percent by 2020. FTTN is ideally positioned to take advantage of this shift in the North American oil and gas sector, doing all it takes to become a leader in this explosive industry.

FTTN is committed to exploring and developing oil and natural gas resources throughout the world. The company also continually seeks to partner with energy developers that are pursuing cutting-edge new methods of oil and gas extraction, including developing new technologies, cleaner methods, and unconventional resources.

For more information about FTTN, visit www.firsttitanenergy.com/investors.html

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First Titan Corp. (FTTN) Texas-based Well on Track to Produce

February 13, 2014

First Titan announced today that after a brief stoppage for repairs, a well within a Texas-based asset is expected to return to production next month.

The Minns #4, part of the company’s multi-well asset package located in the Brookshire Field in Waller County, Texas, is set to produce once more in the oil rich Lone Star State after standard maintenance. Texas oil production grew 21 percent last year to more than 857 million barrels thanks to rising demand and new drilling technology. With all wells of the Minns package back online and producing, and the company looking to further expand its well count in Texas, FTTN is working to capitalize on the state’s oil industry success.

“We expect the Minns wells to produce at full capacity now,” FTTN Interim CEO Robert Federowicz said. “The oil production numbers in Texas are staggering, and First Titan is excited to see the potential the Minns wells possess.”

FTTN is an oil and gas energy company seeking continued growth of a diversified oil and gas portfolio. Building a substantial collection of oil and gas properties the company is dedicated to the continuing development of energy assets throughout North America alongside companies such as Lucas Energy, Inc., Earthstone Energy, Inc., Fieldpoint Petroleum Corp. and Evolution Petroleum Corp.

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods, and unconventional resources.

For more information on FTTN’s oil and gas projects, please visit www.firsttitanenergy.com/investors.html

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First Titan Corp.’s (FTTN) Executive Team Explores New Opportunities at 2014 North America Prospect Expo

February 11, 2014

Today, First Titan reported its executive team’s attendance at the 2014 North America Prospect Expo, the premier networking event in the oil and gas industry, just last week. While there, the company’s executives sought out new opportunities for new additions to its oil and gas portfolio.

The event had around 17,000 attendees with just under 2,000 deals presented by the 1,000 exhibiting companies. The North America Prospect Expo is the world’s largest production and exploration expo, connecting prospects with producing properties, capital formation, services, and technologies from around the United States and globe. Industry leaders also share their insights at the conference via speaking events and presentations.

“NAPE is the premier outlet to investigate new opportunities, and we had conversations with several companies with projects in Texas,” First Titan Interim CEO Robert Federowicz said. “We will be following up to secure an acquisition in a timely manner.”

First Titan is building a substantial collection of oil and gas properties and is dedicated to the continuing development of energy assets throughout North America. By building up and maintaining a robust and diverse oil and gas portfolio, the company seeks to be a player in the lucrative oil and gas industry.

For more information, visit: www.firsttitanenergy.com/investors.html

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First Titan Corp. (FTTN) Sets Sights on Acquisition of “Game Changing” Texas Project

February 10, 2014

First Titan Corp., dedicated to the exploration and development of oil and natural gas resources around the globe, recently issued an update on its impending acquisition of a Texas project with several thousand acres of “major production potential.”

Aligned with its broader strategy in building a substantial collection of oil and gas properties for sustained growth in the oil and gas industry, First Titan says it is set to close on the acquisition of a project that includes several known productive horizons, specifically the Austin Chalk, Eagle Ford, Buda, Georgetown and Woodbine.

“First Titan is a forward-thinking company, and based on all we have seen to date, this project is a potential game-changer and can be our most productive asset,” First Titan Interim CEO Robert Federowicz stated in the news release. “This is the kind of project First Titan is banking on to take our company to the next level.”

The project has demonstrated high upside, making it an attractive target as the latest addition to First Titan’s growing cache of energy assets in Texas.

In support of its overarching mission, First Titan continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods, and unconventional resources.

For more information, visit: www.firsttitanenergy.com/investors.html

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First Titan Corp. (FTTN) Bolstered by Favorable Projections for Oil and Gas in 2014

January 29, 2014

First Titan is a North American oil and gas company that is focusing on building solid growth through a diversified oil and gas portfolio. The company is looking to tap into the strong and growing demand for oil and gas, through the building-up of a substantial collection of oil and gas properties as well as harnessing unique energy development opportunities.

Currently, First Titan has asset holdings in Texas, Louisiana, Oklahoma, and Alabama. As the company continues its operations at these sites and looks for all market opportunities possible for increasing its profitability, positive projections for supply and demand in this lucrative marketplace are proving to be promising news for First Titan. Projections recently issued by the International Energy Agency indicated that international demand for gas will skyrocket to 92.5 million barrels a day in 2014, an increase of over 1 million barrels per day from last year’s total.

Projections for domestic production of natural gas are also encouraging, as the US Department of Energy estimates that domestic production will increase by 56 percent by 2040. The increased productivity, the department opines, will be partially tied to the electric utility industry’s firm reliance upon on natural gas as a primary energy source. In fact, the DoE projects that natural gas will be the largest source of US electricity by 2035.

Once more with short-term projections: The Natural Gas Production Outlook 2013-2014 estimates that natural gas production will grow from 65.7 billion cubic feet per day last year to 69.1 Bcf/d by this year’s end. Plus, as result of increased use of oil excavation techniques such as fracking and horizontal drilling, natural gas production and oil prices are expected to see new highs in this year as well, according to another DoE projection. All of these predictions bode well for First Titan’s assets’ growth potential.

Meanwhile, the company is looking for new energy development opportunities in Kansas and Canada. Just recently, the company announced in late 2013 that it is looking at new, possible property acquisition targets in Kansas and that it will be turning its attention more northward for more acquisition and asset development opportunities.

With a seemingly strong 2014 ahead of it, and possibly even beyond, First Titan may be positioned for solid company growth indeed.

For more information, visit: www.firsttitanenergy.com/investors.html

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First Titan Energy Corp. (FTTN) Leveraging Benefits of Increased Demand Driven by Oil Futures Forecast

January 23, 2014

A report issued on Tuesday by the International Energy Agency showed that global oil demand will grow by 1.3 million barrels a day in 2014, jumping up to 92.5 million barrels daily. As a Citi Futures analyst noted, the projected increase is demand is slated to dramatically impact oil’s value as crude oil inventories decreased by 41.2 million barrels over the last 7 weeks.

In lieu of this development, First Titan notes that it is continuing to search for new resource property development opportunities and to develop its portfolio of lucrative, current asset holdings in Alabama, Louisiana, Oklahoma, and Texas. With oil holdings in these four states, the company is positioned to benefit from this strong surge in demand, as well as future demand.

First Titan has acquired multiple working interests with established oil exploration companies to deliver new oil and gas resources to the markets. It is targeting new, promising projects to add to its oil and gas portfolio, for further build-up of its portfolio’s diversity and profitability.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Sees Benefit, Takes Action on Department of Energy Forecasts

January 15, 2014

Natural gas is expected to be the largest source of U.S. electricity by 2035, the Department of Energy (DoE) predicts, also forecasting a 56 percent hike in production by 2040. The DoE also expects that natural gas will be the leading source of U.S. electricity by 2035, and that production will jump 56 percent by 2040.

In light of this incredible outlook on the oil and gas industry, First Titan Corp. says that it is exploring all avenues and opportunities to add to its growing oil and gas portfolio, recognizing the probability of significant return on investment from the company’s assets in that sector.

The company also notes that the DOE’s Energy Information Administration expects natural gas production and prices to reach new highs in 2014, fueled by increased use of horizontal drilling and hydraulic fracturing or fracking. Furthermore, the Natural Gas Production Outlook for 2013-2014 reports that natural gas production will increase from 65.7 billion cubic feet per day in 2013 to 69.1 Bcf/d by the end of 2014.

These estimates suggest large potential gains for First Titan’s current and future natural gas assets, said First Titan Interim CEO Robert Federowicz.

“The revenue potential of natural gas has First Titan very excited about our existing assets and also potential acquisitions we are currently doing due diligence on,” Federowicz stated in the news release.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) CEO Issues Letter to Shareholders

January 13, 2014

Today before the opening bell, First Titan announced the release of a letter to shareholders by its Interim CEO, Robert Federowicz. The letter discusses the gains First Titan made in 2013 as well as company objectives and milestones the company is aiming for in 2014.

“We are extremely pleased with the progress First Titan made in 2013 and how we were able to build our asset base with key acquisitions,” Federowicz said. “We believe the gains made in 2013 will set the foundation for what has the potential to be an even more prosperous 2014. We are already aggressively pursuing new acquisitions while our current assets continue to produce return on investment.”

Among other content, the letter discusses:

• A recount of First Titan’s acquisition strategy and how it added assets in Louisiana and Texas in 2013
• Updates on current First Titan assets and their production rates, including First Titan’s asset holding in Alabama
• A discussion of the company’s 2014 goals for building its asset portfolio as well as looking for new business opportunities

Just recently the US Department of Energy predicted a strong continuing increase in daily domestic oil production and the Energy Information Administration estimated a jump in crude oil output, encouraging indicators for First Titan in 2014.

Mr. Federowicz’s letter can be found at: http://www.firsttitanenergy.com/assets/pdf/2014-Letter.pdf

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Benefits from Projected Continuing Increases in U.S. Oil Production in 2014

January 8, 2014

First Titan, a company focused on the exploration and development of oil and natural gas holdings via its wholly owned subsidiary First Titan Energy, LLC, is benefitting from projections that have been made for increased U.S. oil production in 2014. According to the U.S. Department of Energy, the U.S. is producing 8.11 million barrels of oil a day, a strong outpacing of its oil production in 2012 of 5.50 million barrels a day. The last time domestic oil production levels had reached this high was 26 years ago, in 1988.

Additionally, as a result of the discovery of shale oil, crude output is expected to top 9.6 million barrels per day in 2014, according to the Energy Information Administration. That would be a pattern of continuing growth for domestic crude output, strengthening First Titan’s opportunities for growth in its energy asset holdings investments even further.

“As we continue scouting more possible acquisitions, it is clear this sector will continue to be able to meet increased demand with supply,” Interim CEO Robert Federowicz said. “First Titan is excited about the crude projections for 2014 after a very successful 2013.”

Just recently, First Titan completed drilling at its new well in South Lakes Charles, Louisiana, and reported production will begin shortly. The new well was drilled down to a depth of 15,300 feet, and initial well analysis indicated promising production prospects. Initial reserve estimates for the well were put at 60 billion cubic feet of gas and 4 million barrels of oil as amounts that could be extracted.

In addition to developing holdings within its oil and natural gas portfolio, First Titan continues to search for new properties to add to its collection of energy assets in North America.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) – Part of New US Oil and Gas Production Surge

January 7, 2014

Much has been made of alternative energy sources but oil and gas are the fuels that really run the world. Without a stable supply of oil and gas, industry and commerce would grind to a halt and our way of life would be severely disrupted. For nearly eighty years we have been dependent on unstable foreign sources to supply our growing energy demands. As US energy needs have grown over the years, world energy consumption has spiked dramatically. The global demand for these precious resources has never been higher and expectations are that domestic and global demand will continue to grow significantly. Global demand drives prices and the average price at the pump has never been higher which reflects the increasing global demand.

New exploration and drilling techniques have sparked a revolution of oil and gas production in the United States. Resources that were once considered too difficult or too expensive to recover are now being delivered utilizing new technology such as hydraulic fracturing. According to the International Energy Agency, U.S. oil output is now poised to surpass Saudi Arabia by 2020, making the world’s biggest fuel consumer almost self-reliant and putting us on track to become a net exporter. This is quite a revolutionary transformation.

As worldwide demand for oil and gas continues to grow, this new production is not expected to significantly impact actual product prices but help meet the increasing need. US production creates more US jobs, makes us more self-sufficient and helps with balance of payments by keeping the cash at home. These changes in production and cash flows create multiple domestic investment opportunities where small to midsized oil and gas companies stand to prosper.

One company that holds such promise is First Titan Corporation. FTTN has oil holdings in Alabama, Oklahoma, Texas, and South Lake Charles, Louisiana, where they maintain drilling activities. First Titan also has acquired multiple working interests with established oil exploration companies to deliver new oil and gas resources to the markets. First Titan is continuing to grow its asset base and plans to add multiple new projects along the Gulf Coast, from West Texas to Alabama. Investors interested in benefiting from the boom in US oil and gas production should look closer at FTTN.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Completes Drilling for South Lake Charles Prospect, Reports Preliminary Results

December 30, 2013

First Titan, focused on exploration and development of oil and natural via wholly owned subsidiary First Titan Energy LLC, has completed the drilling for its new well in South Lake Charles, La., and says production testing will soon commence. The well in South Lake Charles was drilled to a total depth of more than 15,300 feet.

Based on initial well analysis, the company reports an increase in gas units, as well as the presence of C1-C5 gas in several potentially productive horizons. The last suite of well logs continues to be evaluated, and First Titan reports that logs conducted in the last several days of various shallower intervals provide “reason for optimism.”

“Log analysis is one of the first steps in evaluating a newly drilled well; while several horizons look promising, our next step is to gather core samples for analysis and shortly thereafter start flow testing to see just how big of an asset we have discovered,” First Titan Interim CEO Robert Federowicz stated in the news release.

Initial reserve estimates for the South Lake Charles Prospect project that approximately 60 billion cubic feet of gas and 4 million barrels of oil could be extracted.

“Those estimates are still in play,” Federowicz said. “We are very excited about the production potential for this well.”

FTTN continues to seek growth of its diversified oil and gas portfolio, building a collection of properties and dedicated to the continuing development of energy assets throughout North America.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Aligned to Profit from Rebound in U.S. Oil & Gas Production

December 26, 2013

The 50 largest U.S. oil and gas companies shelled out approximately $185 billion on domestic exploration and development efforts in 2012, an increase of 20 percent from the year prior. Industry behemoths are producing oil at an unprecedented rate, making the U.S. the fastest-growing oil and natural gas producer in the world.

Industry-wide potential prompted the International Energy Agency (IEA) to recall its previous forecasts that Saudi Arabia would hold its reign as the world’s top oil producer through 2035 – now forecasting that by 2017 the United States will take the rank of the world’s largest oil producer.

If this forecast comes to fruition, the United States would dramatically buck the trend of other importing countries, becoming all but self-sufficient in net terms. The rebound in U.S. oil and gas production is driven by upstream technologies with the ability to access once untouchable tight oil and shale gas resources.

One such company utilizing cutting-edge technology to extract oil and gas resources is small-cap oil and gas exploration and development company First Titan Energy. The company’s efforts are focused on recovering fossil fuels that were once considered too difficult or too expensive to recover. New innovations in drilling, combined with rising global demand and cheaper gas and electricity prices, has positioned the company as a premier early-stage company with strong growth potential.

The company’s current focus is on the exploration and development of oil and natural gas resources in the southern region of the United States. First Titan maintains drilling activities at its acquisition in South Lake Charles, Louisiana, and new acquisitions are to include five new wells along the Gulf Coast, from West Texas to Alabama.

Alert to the burgeoning growth of the oil and gas industry, First Titan continuously seeks partnerships with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods, and unconventional resources.

For more information, visit www.firsttitanenergy.com

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First Titan Corp. (FTTN) Demonstrates Innovation in Lucrative U.S. Oil & Gas Exploration

December 16, 2013

First Titan is focused on deliberate efforts to usher in an energy revolution and capitalize on the demand for U.S.-derived oil and gas. Cries for organic resources continue to grow, and First Titan aims to answer this broad appeal by utilizing cutting-edge technology to extract resources that were once deemed too difficult or expensive to recover.

The company continually seeks to partner with energy developers with the same vision: pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods, and unconventional resources.

To see this vision into fruition, First Titan has acquired multiple working interests with established oil exploration companies to deliver new hydrocarbons to an ever-growing market. First Titan’s primary focus (among other projects) is on drilling activities at its acquisition in South Lake Charles, Louisiana.

The South Lake Charles Prospect is located seven miles south of the city of Lake Charles. Production estimates for the South Lake Charles well reveal that 60 billion cubic feet of gas (BCFG) and 4 million barrels of oil (MMBO) could be extracted.

First Titan partner Intrepid Drilling owns rights to all depths in 453 contiguous acres at the prospect and plans call for the company to drill to a total depth of 15,300 ft. at the project location. Intrepid Drilling will operate the well.

The most likely case for proved and probable reserves is 26 billion cubic feet gas and 2 million barrels of oil. First Titan also has the right to participate in a second well, a 14,800-foot test in the Northern fault block to recover proved, undeveloped reserves in the Lower Hackberry sand up dip of the Moran Exploration No. 1 Burton, which produced 16.7 BCFG and 1.3 MMBO.

The United States currently imports around 20 percent of its total energy needs. But if International Energy Agency (IEA) projections prove correct, the nation will become all but self-sufficient in net terms — a dramatic reversal of the trend seen in most other energy importing countries and widening First Titan’s potential market share.

For more information, visit www.firsttitanenergy.com

Let us hear your thoughts: First Titan Corp. Message Board

First Titan Corp. (FTTN) Leveraging Innovation to Strengthen Presence in Energy Industry

December 9, 2013

First Titan Corp. is currently focused on exploring and developing oil and natural gas resources in the southern region of the United Sates, but has a worldwide growth strategy in place. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods, and unconventional resources.

First Titan has acquired multiple working interests with established oil exploration companies to deliver new hydrocarbons to an ever-growing market. As the company maintains drilling activities at its acquisition in South Lake Charles, Louisiana, it is looking to continue adding to its asset base that includes five new wells along the Gulf Coast, from West Texas to Alabama.

Global demand for energy is rising fast as the vehicle populations of emerging nations such as China, Brazil, and India continue to soar. U.S. exports of petroleum products have reached 2.6 million barrels a day, which is double the level of three years ago. As demand for global energy resources rises, the U.S. is poised to become an international supplier.

New innovations in drilling and rising global demand have positioned First Titan as a premier early-stage company with strong growth potential. By utilizing cutting-edge technology to extract oil and gas resources, the company is able to recover fossil fuels that were once considered too difficult or too expensive to recover.

Let us hear your thoughts: First Titan Corp. Message Board

First Titan Corp. (FTTN) Stands to Benefit from Rising Natural Gas Prices

December 3, 2013

This season’s cold temperatures across the nation have stormed natural gas inventories, driving the price of natural gas within range of $4.00 per million British thermal units (mmbtu) and increasing the value of natural gas assets owned by oil and gas energy company First Titan Corp. (FTTN).

According to the Energy Information Association, operators recently withdrew 45 billion cubic feet of natural gas from storage as severe cold blanketed the nation. The withdrawal was above last year’s draw of 38 bcf. Importantly, much colder temperatures are being forecast for the winter, beginning this month. The National Oceanic and Atmospheric Association and The Weather Channel are calling for colder-than-average temperatures over the northern tier of states, from Washington state to northern New England.

“As it gets colder, people are forced to use the heater more, even in usually mild climate regions such as the Southwest and Southeast,” FTTN Interim CEO Robert Federowicz said. “We expect our natural gas plays to be in even more demand as inventories decrease.”

Industry researcher Seeking Alpha reports that expected frigid temperatures over key regions of the U.S. will lead to large withdrawals from natural gas inventories in the coming weeks, driving the price for natural gas to higher than expected levels.

For more information on First Titan and its project portfolio, visit www.firsttitanenergy.com/investors

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First Titan Corp. (FTTN) Explores Asset Expansion in Canada

November 26, 2013

First Titan Corp., an oil and natural gas company, continues aggressive drilling operations and seeking new, profitable asset additions to its lucrative portfolio of oil and gas holdings. The company is now considering taking a new step forward by targeting oil and gas energy assets in Canada.

“We are always looking for financially viable plays, whether it is in the U.S. or north of the border,” FTTN Interim CEO Robert Federowicz said. “Canadian oil production has just reached the surface and possesses the possibility for impressive future gains that cannot be ignored.”

Canada’s National Energy Board recently projected Canadian oil production will increase by almost 75 percent by 2035 to around 6 million barrels a day. Rigzone.com also reports that West Canada Select, Canada’s premier heavy crude blend, traded as low as $41.50 per barrel below West Texas Intermediate earlier this month, and traded on average $19 per barrel below than West Texas Intermediate all throughout 2011 and 2012.

First Titan Corp. already possesses a strong fingerprint of assets in Texas, Oklahoma, Alabama, and Louisiana. One of its biggest sites of focus now is at Lake St. Charles Prospect in Louisiana, where the company is drilling in its oil well to a target depth of 15, 300 feet. Prior to drilling, possible extractable estimates were put at 60 billion cubic feet of gas and 4 million barrels of oil.

Through its wholly owned subsidiary, First Titan LLC, First Titan Corp. seeks to build a substantial collection of premium oil and natural gas properties and engage in continual energy asset development. The company also looks for partnerships with energy development companies that are unique, unconventional, or revolutionary in their extraction methods as well.

For more information, visit: www.firsttitanenergy.com/investors

Let us hear your thoughts: First Titan Corp. Message Board

First Titan Corp. (FTTN) Explores Prospective Acquisition Target in Kansas

November 21, 2013

First Titan Corp., an oil and gas energy company, reported in a news release today it is evaluating the prospects of a potential asset in Kansas. Located in slightly North Central Kansas, the Trego County Project boasts of several thousand acres which are mostly covered by 3-D seismic. Sporting over 60 prospective oil well locations, and based on favorable prospects for quality oil and gas deposits being related through the available 3-D seismic data, the project might exhibit strong earning potential.

“Trego County is an intriguing opportunity for First Titan,” FTTN Interim CEO Robert Federowicz said. “The field is teeming with production potential and fits with the other low-risk, high-reward acquisitions we have made this year.”

First Titan Corp. has a growing portfolio of lucrative, diverse oil and gas holdings in Texas, Alabama, Oklahoma, and Louisiana. One of the sites at which the company is heavily concentrating its efforts is at the Lake St. Charles Prospects in Louisiana, where the company is drilling in its oil well down to a target depth of 15,300 feet. Prior to drilling, estimates of 60 billion cubic feet of gas and 4 million barrels of oil were put forward as being available for extraction.

A recent study by the U.S. Energy Information Administration found that the U.S. possesses 3% of the globe’s natural gas reserves, and that half of the production in the United States occurs in Texas and Louisiana, states in which First Titan Corp. has multiple holdings. In Texas, the company has lucrative holdings in Terrell County and Waller County. First Titan Corp. continues to explore new acquisition opportunities and aggressive production efforts. It seeks new energy develop opportunities with its wholly owned subsidiary, First Titan, LLC, as well as partnerships with energy companies that are unconventional or new in their extraction methods.

For more information, visit: www.firsttitanenergy.com

Let us hear your thoughts: First Titan Corp. Message Board

Projections for Natural Gas Output Suggest Strong Earnings Potential at First Titan Corp. (FTTN) Holdings

November 19, 2013

With a presence in Texas, Alabama, Oklahoma, and Louisiana, First Titan Corp., an oil and natural gas company, continues aggressive operations at its natural gas reserves. One of the company’s most notable plays is located at South Lakes Charles, where the company’s oil well is being drilled to a target depth of 15,300 feet. Approximately 60 billion cubic feet of gas and 4 million barrels of oil were put forward as estimates being available at this site for extraction.

While the company continues its efforts and seeks new opportunities, the U.S. Energy Information Association (EIA) recently released analysis suggesting natural gas production in 2014 might be greater than that in 2013. It projected natural gas production output to increase by over one percent from 2013’s record-high levels, showing that First Titan Corp.’s natural gas reserves may hold stronger earnings potential.

The EIA says it expects natural gas production in 2014 to increase by 0.74 billion cubic feet per day. This year’s daily production amount is 71.03 cubic feet per day, and if the EIA’s projection is correct, 2014 would the fourth consecutive year of record production levels.

First Titan Corp. continues to explore opportunities to add promising assets to its lucrative, diverse oil and gas holdings portfolio. Via its wholly owned subsidiary, First Titan, LLC, the company seeks to develop energy assets throughout North America with energy developers that embrace new or innovative methods of extraction.

For more information, visit: www.firsttitanenergy.com

Let us hear your thoughts: First Titan Corp. Message Board

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