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First Titan set to begin work this week on horizontal well completion


Published Mar 13, 2013
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First Titan Corp.-2

First Titan Corp. says that plans call for work to begin this week on the completion of its horizontal well prospect in Logan County, Okla.

It's big news for FTTN. The company estimates its potential production at more than $14 million worth of resources. The well, known as Breaux #2, has been engineered by its sponsor, Bedford Energy, Inc., with reserve report that includes proven reserves of 160,000 barrels of oil and 1.5 billion cubic feet of natural gas, based on nearby wells.

'We expect Breaux #2 to be a good producer for us,' said FTTN CEO Harvey S. Bryant. 'All of the reporting has been tremendously positive. All that remains now is to complete the well.'

Tags: First Titan Corp.



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