FTTN Focusing on High-Grade Projects in Texas, Oklahoma


FTTN Focusing on High-Grade Projects in Texas, Oklahoma

BRADENTON, Fla.--(BUSINESS WIRE)-- As part of an annual strategic review process, First Titan Corp. (OTCBB: FTTN) management discussed the trajectory of the company over the next 12 months and implemented measures to ensure proper alignment of all initiatives planned and underway, including the addition of potentially lucrative projects in Texas and Oklahoma.

FTTN reaffirmed its strategy of investing capital in oil and gas assets with potential significant financial impact and large scale application of development processes and technologies, especially in environments where detailed stratigraphy and environmental facies expertise is possessed.

As a result of the annual review and high-grading of some prospective projects in the normal course of business, FTTN is focusing more resources on several projects located within Texas and Oklahoma, due to their potential for immediate financial impact and rapid scalability, which could enable FTTN to increase its grow rate rapidly over the next year.

First Titan Corp. is building a strong collection of oil and gas properties and is dedicated to the continuing development of energy assets throughout North America alongside companies such as Continental Resources, Inc. (NYS: CLR) , Chesapeake Energy Corp. (NYS: CHK) , SandRidge Energy Inc. (NYS: SD) and Ultra Petroleum Corp. (NYS: UPL) .

For more information on FTTN's oil and gas projects, please visit www.firsttitanenergy.com/investors.html.

About First Titan Corp.

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.


First Titan Corporation
Harvey S. Bryant, 941-753-4889
President and CEO

KEYWORDS: United States North America Florida Oklahoma Texas


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