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First Titan well's oil production exceeds all expectations


Published Sep 27, 2012
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First Titan Corp.-2

First Titan Corp. declared that production is now underway at its new oil well in the Little Cedar Creek Field in Alabama.

The well is currently producing slightly more than 400 barrels of oil and 350 thousand cubic feet of gas on average per day, with no water and no hydrogen sulfide. State law limits production from a well to 400 barrels per day. The well is currently producing with a flowing tubing pressure of 440 psi on 16/64ths choke.

Located in Conecuh County, Ala., it is the first producing well in which FTTN owns a working interest. Current reserve estimates range from 400,000 to 800,000 barrels of oil.

Tags: First Titan Corp.



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