First Titan Corp. has solidified its North American acquisitions strategy and plans to move forward on a number of new deals in the coming weeks.
FTTN has identified several acquisition targets throughout the continent, focusing on oil-centric assets with the highest potential for profitability. The company plans to make a series of prudent acquisitions that will provide a solid base to facilitate a singular, pivotal acquisition in the next 12-18 months.
FTTN's immediate focus is on making acquisitions in the state of Texas. The company is in negotiations to acquire working interest in approximately 1,000 acres in Hardin County that include producing assets with development upside. FTTN believes the property could potentially make a profitable addition to its Texas portfolio, which currently includes assets in Terrell County.
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