First Titan Corp. added to its growing portfolio of Texas oil and gas assets by acquiring a working interest in a promising production package in Waller County, the company announced today.

Known as the Minns asset package, the Waller County project includes a multi-well production package located in the Brookshire Field.

The acquisition represents another substantial addition to the company's swelling asset base in the Lone Star State. Texas' oil production is in the midst of a major boom, outpacing growth in even North Dakota with output jumping by a third in just 12 months. In addition to FTTN's assets in Waller and Terrell Counties, the company is also in negotiations to acquire a working interest in more than 100,000 barrels of proven reserves in Hardin and Webb Counties.

Tags: First Titan Corp.