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First Titan acquires interest in producing well in Louisiana


Published Dec 21, 2012
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First Titan Corp.-2

First Titan Corp. anticipates the acquisition of a working interest in a producing oil and gas well in Louisiana within the next few weeks.

The well, located west of Cutoff Field in Lafourche Parish, La., is operated by FTTN's joint venture partner, Intrepid Drilling, LLC, and is currently producing 160 barrels of oil and 2,700 million cubic feet of natural gas per day.

'Due to its steady production numbers and convenient proximity to our other projects, this well looks like a smart, natural addition to First Titan's asset base,' said FTTN CEO Robert Federowicz. 'We look forward to targeting many more such opportunities in 2013 as our company continues to grow.'

Tags: First Titan Corp.



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