Titan Oil and Gas is expecting a production report on their bastrop county project. They have approximately 4 wells that they are targeting. The first well is expected to produce between 123-170 bpd and large quantities of gas. They are worth a look, even if you dont play o&g stocks. They production report was due 10 days from july 18th, which is anyday now.
Posted by rkitch on :
jimmybean, you are right on target on this one. It has been a good play in the past and should be for the future.
Posted by jimmybean on :
What i like about it is that their share price is way under valued. If they strike oil, which i think they have a good chance of doing, their shareprice is gonna move up really fast. Currently their at .0065, they should probably be around .0115 or so. But with oil, this thing will climb, and im not missing the ride this time!
Posted by MoonWalker on :
just jumped in at .0069!!
Posted by plni on :
I'm in at .0065 Posted by RichBy26 on :
when is the report due out?? whats the O/S count?
Posted by skip on :
Outstanding Shares: 747,322,873 as of 2006-06-07
no info on the float though...
Posted by RichBy26 on :
thanks skip, do you know anything about this report coming out??
Posted by skip on :
no problem. I don't know much about this but this ran huge on the news of getting these oil leases in early may. They stated that they commenced drilling on 7/18 and should have a report out within 10 days. Well, that's tomorrow. I guess if it's good, this will run, if it's bad, then, well, you know...this is all my opinion after about 20 minutes of quick dd on pink sheets.com and stock charts.com
Posted by RichBy26 on :
thanks skip for your insight! I'll pick up a few and see how it goes. The last couple oil and gas penny plays ran like hell on good news, don't want to miss the train!!! GLTY
Posted by MoonWalker on :
For the past two years at the end of July/early August TNOG had a run to .03-05. I'm expecting another one this year.
Posted by leavenart on :
Rich26, you don't have to worry about missing this train, but you might worry about it running right over you. GL
Posted by The Bigfoot on :
You could easily see a double from this one but be wary and ready to sell when that report comes out. These guys don't have much in the way of positive history in actually coming up with anything.
I've played it three times: once for a small gain once a break even once a bone crushing drop
Not bashing...just saying watch this one closely if you get in.
BF
Posted by MoonWalker on :
Here's a three year chart for TNOG. I trust their past.
Well, I can't seem to post charts right. If you copy and paste the link into your browser it will take you to the chart.
Posted by jimmybean on :
Its running on no news....hmmm....i wonder whats up
up 23%
Posted by jimmybean on :
nevermind
up 30%
Posted by MoonWalker on :
Any thoughts on when the PR will be out? I'm thinking monday.
Posted by jimmybean on :
i hope, but as for today, if the pps keeps going up, on monday, this stock will fly so freakin high it will make most people pass out
Posted by MoonWalker on :
This is from someone on stockhouse.com
--------------------------------------
"as promised , a PR with the results on drilling that has recently commenced is due out end this week early next,, I called Mike in IR and spoke with him, he said the result looked very good, caal for yourself is any doubts, said he was excited to see where this took TNOG,, best of luck to all"
Posted by jimmybean on :
who is mike...is this guy from novak capital?
whats the phone number
Posted by MoonWalker on :
Usually before a PR comes out I get a call from this guy asking if I have any questions about the company.
-----------------------
Titan Oil and Gas, Inc.
The Petroleum Center Suite E-104 900 NE Loop 410 San Antonio, TX, 78209
Phone: (888) 601-9983 - I.R. Department (503) 618-0370
Not that charts matter but the MACD is looking very nice!!
Posted by jimmybean on :
today or tomorrow is the day we've been waiting for.............big production numbers
Posted by Stockstar69 on :
Good news (not really)...There is a reported oil spill in Russia this morning. Will that affect the PPS of this small oil supplier?
Posted by MoonWalker on :
All the TNOG fields are in Texas? If anything I would think that would make the PPS go up.
Posted by MoonWalker on :
**********: MMAM, TNOG, GRWW Have Been On ********** Naked Short List For 13 Consecutive Trading Days Jul 27, 2006 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: Medical Makeover Corporation of America (OTCBB: MMAM), Titan Oil and Gas, Inc. (OTC: TNOG), Greens Worldwide Incorporated (OTCBB: GRWW). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********. Posted by jimmybean on :
venezuela to cut off oil supply to the united states, that would cause a spike in pps
Posted by MoonWalker on :
I called TNOG over lunch and talked to the I.R. Department. They said that the 10 days was a little too soon for them to get the results of the drilling and to put out a PR. He said everything with the drilling was going along smoothly and that they have received a lot of calls from people inquiring about the current status. He said TNOG has gathered up all those questions and is working on a PR to answer them and to update on the drilling results. The PR should be out very soon.
Posted by MoonWalker on :
E.O.D. volume seems to be picking up. Wish I had L2's on this.
Posted by Stockstar69 on :
quote:Originally posted by jimmybean: venezuela to cut off oil supply to the united states, that would cause a spike in pps
I heard something this morning about Chavez. Was that the news?
Posted by MoonWalker on :
Chavez from Iran threatens to cut oil supply to the US
Venezuela is considering cutting the oil supply to United States if Washington persists with its current hostile policy towards the President Hugo Chavez regime. Energy Minister Rafael Ramirez made the announcement Sunday in Teheran following a meeting with Iran’s Oil Minister Kazem Vaziri-Hamaneh. This is not the first time that high-level Venezuelan officials talk about cutting off the flow of crude to the United States.
Venezuelan President Hugo Chavez has accused Washington of “war mongering and imperialism” and claims the U.S. government has plotted to kill him and invade Venezuela to seize control of the country’s vast hydrocarbons reserves.
Venezuela is the world’s fifth exporter of oil and third supplier to the US.
President Chavez, Ramirez and a numerous delegation are currently visiting Tehran where among other strategic and political issues, a joint Iranian-Venezuelan committee to address energy matters was established.
Minister Vaziri-Hamaneh said the committee would speed the implementation of bilateral agreements and oversee the Iranian oil company Petro Pars's participation in hydrocarbons exploration projects in Venezuela.
"Petro Pars currently has oil exploration and production activities in an oil field in Venezuela, and very soon it will be involved in another project”, said Vaziri-Hamaneh, who revealed the company is planning to spend 4 billion US dollars on developing two major fields, which will be Petro Pars largest investment outside Iran.
The Iranian minister said that Venezuela had been invited “to participate in the joint construction of a refinery with Iran and Indonesia in Indonesia”.
Earlier Sunday, President Mahmoud Ahmadinejad presented Chavez with Iran's highest award, the Islamic Revolution Medallion, during a ceremony at the University of Tehran.
Ahmadineyad highlighted President Chavez "efforts to impose justice in Venezuela and his strong stance against oppression, which deserves to be praised".
The Iranian president also underlined Chavez "struggle against poverty, illiteracy and unemployment and in support of health and education" and thanked the Venezuela leader for his support of Iran's efforts to develop a peaceful nuclear program.
On Saturday, Chavez blasted U.S. foreign policy during a meeting with Iranian Supreme Spiritual Leader Ayatollah Seyed Ali Khamenei and said his government wanted to strengthen ties with Iran.
“Venezuela's Bolivarian revolution and Iran's Islamic Revolution are sister revolutionary movements”, he emphasized.
Chavez who celebrated his 52nd birthday on Friday added he hoped "that Iran and Venezuela can continue to be allies in the battle against US imperialism".
Blasting Washington and the “puppet” state of Israel, Chavez compared the current invasion and attacks on Lebanon by Israeli forces to those committed “by Hitler against the Jews during the Second World War”.
Chavez currently on a world tour is allegedly after support for his bid to the non permanent Latinamerican seat in the United Nations Security Council at the en of the year. Before Tehran, Chavez visited Russia where he signed a three billion US dollars state of the art fighter planes and helicopters contract with President Vladimir Putin.
Posted by Stockstar69 on :
Nice work Moonwalker. I would think this would have an upward effect in the shareprice of a lot of oil companies, large and small, as they try to stockpile or fill in for Ven. if they stop selling to us.
Posted by Joel T on :
Thinking about getting in this now. I know it's had some huge runs in the past. Anybody else jumping in at this level?
Posted by MoonWalker on :
Down to .065 ???
Who's selling?
This should run this week.
Posted by Joel T on :
Man I wish I had wired more money today. It be nice to pick up some cheap shares. I'll be sending it tomorrow.
Posted by MoonWalker on :
From the Bastrop County Report:
------------------------------------------
Initial well - Re-enter the well, isolate the zone of primary interest, perforate, swab test, and frac with at least 30,000 lbs. of sand. Evaluate well and complete if warranted.
EXPECTED RESULTS: Initial well - Author expects initial flow rates in excess of 100 bopd. It also is expected that production from this well would compare with wells in the Serbin (Taylor Sand) Field regarding total production which would equal over 20,000 bsto of production remaining from this zone. At today’s prices, this well would gross over one million dollars if the well actually produced those amounts.
Posted by jimmybean on :
looking for news today or thursday............its my guess that they havent released the klotzman news yet just incase the bastrop news isnt as good as expected.......but if the bastrop report is good, then they release the klotzman news....we'll have lift off
Posted by jimmybean on :
does anyone else think oil will hit 100 per barrel?
Posted by trade4food on :
Just new to this thread-- what's the deal with klotzman? Do you have a link please?
Posted by MoonWalker on :
Titan inks oil-and-gas deal for new field in South Texas San Antonio Business Journal - May 11, 2006
Titan Oil and Gas Inc. signed a letter of intent with M.S. Klotzman Exploration Co. that calls for developing at least two re-entry, re-working wells in South Texas.
The two companies have agreed to keep specific details of the deal confidential for 60 days. The companies are not releasing the locations of these wells.
Titan CEO John Haylock says the company had been eying prospects at this oil and gas field for some time and will release new details as developments occur.
San Antonio-based Titan (Pink Sheets: TNOG) is an energy company engaged in oil-and-gas development, drilling and production. Titan focuses on redeveloping oil and gas fields with a history of production.
Posted by MoonWalker on :
quote:Originally posted by jimmybean: does anyone else think oil will hit 100 per barrel?
Definitely, with all the wars breaking out. Oil will be a huge leveraging tool for other countries, like Venezuela. That's why I mainly invest in U.S. energy companies.
Posted by jimmybean on :
this baby is gonna fly when we get the news
Posted by trade4food on :
quote:Originally posted by MoonWalker: Titan inks oil-and-gas deal for new field in South Texas San Antonio Business Journal - May 11, 2006
Titan Oil and Gas Inc. signed a letter of intent with M.S. Klotzman Exploration Co. that calls for developing at least two re-entry, re-working wells in South Texas.
The two companies have agreed to keep specific details of the deal confidential for 60 days. The companies are not releasing the locations of these wells.
Titan CEO John Haylock says the company had been eying prospects at this oil and gas field for some time and will release new details as developments occur.
San Antonio-based Titan (Pink Sheets: TNOG) is an energy company engaged in oil-and-gas development, drilling and production. Titan focuses on redeveloping oil and gas fields with a history of production.
Thanks for the response..looks like possibly a couple of gem PR's pending.
Posted by MoonWalker on :
M.S. Klotzman Exploration Co. is a top producer. Take a look at this chart:
quote:Originally posted by jimmybean: this baby is gonna fly when we get the news
To the moon?
Posted by volume on :
jimmybean Im curious about something.... I did a search on your name and you have never posted anything anywhere other than in a TNOG thread which you have started nearly every single one..... pumping? employed by tnog? have your life savings in there? You are always enthusiastic and make it sound each time u start a thread like u just then stumbled upon the stock. your like the official TNOG guy... whats your deal? I have money in TNOG and u make me nervous about keeping it there.
Posted by leavenart on :
And well you should be 'volume'. This company is much better at pr's than finding oil. They do manage to trump up a pop each year, but traders are wary now and when they do make a move you had better be quick. Their latest pr is a perfect example. It makes you think things are really on the move. I mean thirty tons of fracked sand. Wow. That's serious. Too bad you can't find last fall's pr's to peruse. On the other hand, even a blind hog---- well, you get it I'm sure. Tnog taught me to never let a 'penny' hold my money on promises for months. There are too many other stocks that are actually doing something. Good luck.
Posted by MoonWalker on :
This company is on it's last leg and if they don't find oil this time it might be the end of them (See below).
Yes, every year they do manage to find a small pop and I'm hoping that this week is the week that happens. I'm hoping to at least cash out at .02
I would think that out of the 14 wells they are reworking they chose the one with the most chances to start with since they need that revenue to continue on redeveloping the other wells. This is all speculation though. A lot is riding on this PR and I'm sticking around for the ride. For some reason I have faith in this company. They need to find oil to survive and I believe they'll work hard this time to find it.
Titan Oil and Gas Balance Sheet June 30, 2006 ( unaudited )
The accompanying financial statements have been prepared in conformity with accounting principals generally accepted in the United States which contemplates continuation of the Company as a going concern. The company operations generated a nominal revenue in prior periods which did not cover expenses.
The future success of the Company is likely dependent on its ability to attain additional capital or to find an acquisition to add value to its present shareholders and ultimately, upon its ability to attain future profitable operations. There can be no assurance that the Company will be successful in obtaining financing, or that it will attain positive cash flow from operations.
NOTE 2 – NOTES PAYABLE
The Company has not been able to generate sufficient income from operations to meet he cash flow necessary to meet its’ daily requirements. The financial statements reflect cash provided by direct private investment in the amount of $231,936 for the period ended June 30, 2006
The above loans are repayable one year after receipt and bear an annual interest rate of 10%. The above loans have been extended for a further term of 4 years from the first anniversary date with the same interest rate applied. Interest has not been reflected in the attached financial statements, but will be reported when the loans payable are retired
Posted by jimmybean on :
we should be getting a clearer picture soon
Posted by MoonWalker on :
I just called and talked to Branden at 1-888-601-9983.
According to him they are still drilling to reach their target depth and should hit it any time now. He also said they are currently organizing the M.S Klotzman Exploration Co. information for release.
It shouldn't be much longer.
Posted by jimmybean on :
if they release the klotzman deal before the bastrop news, then we should expect good bastrop news. Titan was supposed to release news on the klotzman deal a while ago, i feel that they may have held on to the news just incase that the bastrop well was unsucessful, so if we get news on the klotzman deal first, odds are that we hit a winner with the bastrop #1
Posted by MoonWalker on :
I was relooking over the charts this morning and in my opinion good news could put this to .03-.05 and really good news could take this to .10
They have 14 wells in the Bastrop deal and at least 2 major wells in the Klotzman deal. TNOG's ready to fly, we just need the news.
ya Ive been In since May when I got in at 0.0065 saw the spike up to 0.012 and should have sold but they manage to spike higher than that every year so I got greedy and held on. We need the st*#$%ter to pump this dump lol
Posted by MoonWalker on :
Yeah, last time this ran I jumped in late at .013 and then it dropped. I sold at a loss and flipped the remaining money into WWEN. I made back my loss plus some and then flipped money back into TNOG and am hoping that when this runs WWEN will have bottomed out. Then I can take profits from this and invest back into WWEN, NDOL and maybe NECX.
Posted by jimmybean on :
without oil this thing ran to .06 last year, imagine if they get oil
Posted by MoonWalker on :
Not sure if this means anything. I was checking my Etrade account and noticed a Reuters Company Research PDF for Titan Oil and Gas, Inc. It's 7 pages of everything you need to know about the company and It's dated July 26th.
Usually I don't see research PDF's on penny stock companies. That's why I find it so interesting. If anyone wants a PDF of this, send me a private message with your email address and I'll send it to you.
Posted by BATAVIA on :
Thanks for that reminder MW. In my view, this simply shows the intent and purpose of Titan in moving forward with their application to become a fully reporting company.
IR has stated they preparing an application to trade on a higher exchange. Am looking forward to a positive future with Titan.
Posted by Stockstar69 on :
Good work MoonWalker...extra info can't hurt, right?
Posted by BATAVIA on :
You have to appreciate the low volume, nobody wsants to sell except the MM's swapping spit.
Posted by MoonWalker on :
BP Shuts Down Major Alaskan Oil Field ANCHORAGE, Alaska, Aug. 7, 2006 (AP) Oil giant BP has indefinitely shut down the nation's biggest oilfield after finding a pipeline leak, removing about 8 percent of U.S. oil production and stoking fears that already high gas prices will shoot up further.
Steve Marshall, president of BP Exploration Alaska, Inc. said Sunday night that the eastern side of Prudhoe Bay would be shut down first, an operation anticipated to take 24 to 36 hours. The company will then move to shut down the west side, a move that could close more than 1,000 Prudhoe Bay wells.
Once the field is shut down, BP said oil production will be reduced by 400,000 barrels a day. That's close to 8 percent of U.S. oil production or about 2.6 percent of U.S. supply including imports, according to data from the U.S. Energy Information Administration.
The shutdown comes at an already worrisome time for the oil industry, with supply concerns stemming both from the hurricane season and instability in the Middle East.
A 400,000-barrel per day reduction in output would have a major impact on oil prices, said Tetsu Emori, chief commodities strategist at Mitsui Bussan Futures in Tokyo. A barrel contains 42 gallons of crude oil.
"Oil prices could increase by as much as $10 per barrel given the current environment," Emori said. "But we can't really say for sure how big an effect this is going to have until we have more exact figures about how much production is going to be reduced."
But Victor Shum, an energy analyst with Purvin & Gertz in Singapore, said he expected the impact to be minimal since crude inventories are high.
"So while this won't have any immediate impact on U.S. supplies, the market is in very high anxiety. So any significant disruption, traders will take that into account, even though there is no threat of a supply shortage."
Light, sweet crude for September delivery was up $1.23 to $75.99 a barrel in mid-afternoon Asian electronic trading Monday on the New York Mercantile Exchange.
Marshall said tests Friday indicated that there were 16 anomalies in 12 areas in an oil transit line on the eastern side of Prudhoe Bay. Tests found losses in wall thickness of between 70 and 81 percent. Repair or replacement is required if there is more than an 80 percent loss.
"The results were absolutely unexpected," Marshall said.
BP officials said they didn't know how long the Prudhoe Bay field would be off line. "I don't even know how long it's going to take to shut it down," said Tom Williams, BP's senior tax and royalty counsel.
BP America Chairman and President Bob Malone said Prudhoe Bay will not resume operating until the company and government regulators are satisfied it can run safely without threatening the environment.
"We regret that it is necessary to take this action and we apologize to the nation and the State of Alaska for the adverse impacts it will cause," Malone said in a statement.
The shutdown comes six months after the North Slope's biggest ever oil spill was discovered on a Prudhoe Bay transit line. Some 267,000 gallons of oil spilled.
While BP suspects corrosion in both damaged lines, they can't say for sure until further tests are complete. Workers also found a small spill, estimated to be about 4 to 5 barrels, which has been contained and clean up efforts are under way, BP said.
BP, a unit of the London-based company BP PLC, puts millions of gallons of corrosion inhibitor into the Prudhoe Bay lines each year. It also examines pipes by taking X-rays and ultrasound images.
A prolonged Prudhoe Bay shutdown would be a major blow to domestic oil production, but even a short one could be crippling to Alaska's economy.
Alaska House Speaker John Harris said it was admirable that BP took immediate action, although it's sure to hurt state coffers. "This state cannot afford to have another Exxon Valdez," said Harris, R-Valdez.
The Exxon Valdez tanker emptied 11 million gallons of crude oil into Prince William Sound in 1989, killing hundreds of thousands of birds and marine animals and soiling more than 1,200 miles of rocky beach in nation's largest oil spill.
Posted by MoonWalker on :
"Oil prices could increase by as much as $10 per barrel given the current environment,"
------------------------
This is a great week for TNOG to release a production update.
Posted by Stockstar69 on :
With the BP shutdown and the 8% shortage it's good news for everyone else who can fill the void.
Posted by jimmybean on :
can you say the perfect storm
Posted by Stockstar69 on :
quote:Originally posted by jimmybean: can you say the perfect storm
The discovery channel had a great program on last year called Oil Storm. It was produced and scheduled to air but pulled from the schedule when Katrina hit New Orleans.
Basically it started with a Hurricane wiping out the gulf refineries, then oil/gas shortage, Chinese wanting oil, Rusia redirecting US oil to China as they where outbidding US for it. Snowball effect.
Very good show if get the chance to see it.
Posted by MoonWalker on :
That reminds me of an interesting series on the Discovery Channel I just started watching. "Oil, Sweat and Rigs."
----------------------------------------------
If you have cable television, then tune in to the Discovery Channel for "Oil, Sweat, and Rigs" on Tuesday nights at 10:00 pm EST/PST. It's the story of a massive industry recovery effort in the aftermath of Hurricane Katrina in the Gulf of Mexico. Hundreds of oil platforms, pipelines, and refineries were destroyed or badly damaged. The show is similar in style to the wildly popular, "Deadliest Catch," about crab fishing in Alaska's Bering Sea.
Watching the show you'll get an idea of what kinds of jobs exist on an offshore oil rig. You get to see 'greenhorns' -- industry newcomers -- being trained and in action, divers doing salvage work, the process of getting the oil pumping, the technology involved, and a lot more. Each episode puts amazing industry technology on display as well as science, and there's no shortage human drama. The workers are often stretched to their physical max with the work and in tough weather conditions while working these oil rig jobs.
And last Wednessday the senate passed a bill to expand oil and gas drilling off the Gulf of Mexico. The race for oil is on!
Posted by jimmybean on :
over on some of the other boards, there saying that they called the ir person and they said that there hasnt been any negative results so far
Posted by MoonWalker on :
Has anyone one else called I.R.?
Posted by grandma007 on :
Looking good today...
Posted by jimmybean on :
volume starting to pick up as well as pps.
Could we have a pre-run in the works?
Posted by jimmybean on :
i cant wait to say to all the shmucks out there, "told ya so" when this pig starts to fly
cause its gonna, fly
Posted by MoonWalker on :
I was thinking the same thing Jimmybean. I'm loaded up with 8K worth of stock. Let this thing FLY!!!
Posted by jimmybean on :
small cap stocks have so much potential, imagine when they have 20-30 wells pumping
Posted by Stockstar69 on :
This stock is putting me to sleep.
Posted by jimmybean on :
me too, but when they wake up, make sure you have breakfast ready
Posted by volume on :
No news and its tanking faster than the titanic....... I had breakfast ready jimmybean but I think I have to sell breakfast in order to pay for this loss. Cheer on cheerleader!
Posted by MoonWalker on :
MM's are just trying to shake out loose hands to buy up shares for themselves. I wouldn't sell yet. If you were in at .0065 and you sell now, then you lose. That's what they want (your money).
Posted by volume on :
Ya Im not selling yet, Im no day-trader Ill hold it till it makes me an ok return or they go banko, whichever comes first. Its been 27 days since they said they should have the results in 10 days..... Im gonna go down with this sinking ship.... BRING IT ON!
Posted by jimmybean on :
mms are such scumbags, but i wouldnt sell either, and volume, make up your mind
volume Member
Rate Member posted August 14, 2006 16:51 -------------------------------------------------------------------------------- No news and its tanking faster than the titanic....... I had breakfast ready jimmybean but I think I have to sell breakfast in order to pay for this loss. Cheer on cheerleader!
Posted by MoonWalker on :
Shorts were covered.
Posted by jimmybean on :
this pig is gonna go boom with oil numbers
Posted by MoonWalker on :
Soon, very soon!!! BOOM!!!
Posted by Stockstar69 on :
This poor stock has been beaten down and just can't seem to get up. I hope the numbers are good and we get a nice pop. Maybe something substantial to get a rally going.
TNOG has just been down for too long.
Posted by MoonWalker on :
has anyone been in contact with the company? any news from them?
Posted by MoonWalker on :
Bad link, sorry.
Go to yahoo groups and do a search for TNOG Longs.
Posted by Browndog on :
SAN ANTONIO, TEXAS, Aug 24, 2006 (MARKET WIRE via COMTEX) -- Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce a successful conclusion to drilling operations at the Bastrop County site.
During drilling we started to produce gas at appx. 5,000 feet. We have determined that we are producing from a Taylor Sand Formation.
Gas wells from the formation in this area generally do not produce without a hydraulic fracturing treatment, so we have been extremely pleased to note that the well has been producing at the rate of appx. 30 mcf per day of gas without any stimulation whatsoever. While exact results cannot be predicted, a hydraulic fracturing treatment will now be applied and is expected to increase production rates dramatically. We will be calling out a crew to lay a gas line to connect to a nearby service to bring our gas to market.
There is a second well, offset to this one, which is being considered for the same process as we are now concluding.
Titan Chairman Guy Posella comments: "We are happy to have achieved positive results by following the methods outlined in the In-Depth Bastrop County Report." Visit: http://www.titanoilandgas.com/future.htm to view this report.
About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
SOURCE: Titan Oil and Gas, Inc.
Posted by CashCowMoo on :
up 30% so far (as of this post)
Posted by jimmybean on :
hope you all loaded up!
Posted by MoonWalker on :
BOOM!!! What a great start to the day!
Posted by Jo4321 on :
+40%
good to see some green.
Posted by jon clogger on :
It looks like the West coast folks are waking up and the "results" PR is sinking in. C'mon Californians, buy buy buy!!!
Posted by Stockstar69 on :
I only have 50,000 shares but it's still nice to get good news. You never know...a big run up to $1.00 could make me happy!!!
Posted by STOCKMOVER on :
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Home >> Quotes & News >> News >> TNOG QUOTE NEWS CHARTS COMPANY INFO FINANCIAL REPORTS SEC FILINGS TRADE NOW!
TNOG -- Titan Oil and Gas, Inc. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Titan Oil and Gas, Inc.: Titan Oil and Gas, Inc. Bastrop Project Successful Gas Well Completion in Taylor Sand Formation
SAN ANTONIO, TX, Aug 24, 2006 (M2 PRESSWIRE via COMTEX) -- Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce a successful conclusion to drilling operations at the Bastrop County site.
During drilling we started to produce gas at appx. 5,000 feet. We have determined that we are producing from a Taylor Sand Formation.
Gas wells from the formation in this area generally do not produce without a hydraulic fracturing treatment, so we have been extremely pleased to note that the well has been producing at the rate of appx. 30 mcf per day of gas without any stimulation whatsoever. While exact results cannot be predicted, a hydraulic fracturing treatment will now be applied and is expected to increase production rates dramatically. We will be calling out a crew to lay a gas line to connect to a nearby service to bring our gas to market.
There is a second well, offset to this one, which is being considered for the same process as we are now concluding.
Titan Chairman Guy Posella comments: "We are happy to have achieved positive results by following the methods outlined in the In-Depth Bastrop County Report." Visit: http://www.titanoilandgas.com/future.htm to view this report.
About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Posted by MoonWalker on :
Once the hydraulic fracturing treatment is started production rates will increase dramatically!!! And this is only the first well out of thirteen possibly 14 wells!!
Posted by BATAVIA on :
It's a start, but let's see some oil, too.
Posted by MoonWalker on :
Yes it would have been nice if the PR said they have reworked over all thirteen wells and are producing large quantities of oil and gas, but that is simply unrealistic. These things take time.
All companies must start somewhere and I'd rather them start by finding gas in the first well instead of finding a dry hole. I can feel my wallet getting fatter as I type this. This is only the beginning!!!
Posted by BATAVIA on :
I take anything here (TNOG) with a grain of salt. Many people are tied up in this and hang on any word management may offer. I am not bashing but am watching this very carefully. The IR is less than reliable, management ties their hands for the most part.
We have heard much with little delivered. I am just as hopeful, but overly cautious. I get my cheerleading from Clayton. Positive is fine, oil is better. LOL
Posted by trade4food on :
quote:Originally posted by MoonWalker: I just called and talked to Branden at 1-888-601-9983.
According to him they are still drilling to reach their target depth and should hit it any time now. He also said they are currently organizing the M.S Klotzman Exploration Co. information for release.
It shouldn't be much longer.
Did Branden retire???
Posted by MoonWalker on :
No. Do some DD and try calling him yourself.
------------------------------------
Q: I noticed that there was no mention of oil, can you elaborate? A: The gas was the first to be drilled for several possible reasons, 1. Ease of which to do right now. 2. Solid cash flow potential.
Q: Was this expected or is this being viewed as a negative in anyway? A: Certainly NOT negative, Pete was surprised that the flow quanity was at 30 mcf. Usually it is far less, and does not show improvement until other processes like fracturing are employed.
Q: What did the PR mean when it mentioned that upon fracturing the gas production flow rates would dramatically increase? By a factor of what, 3, 5, or 10? Any thoughts? A: Not sure, but you can see that the potential with additional well(s) the income can grow quite rapidly. Also remember that NG prices are at seasonal lows.
Q: What about the additional well, and how soon to get the gas to market? A: The fracturing process and the laying of pipe to the connection point is going to try to be timed for completion at about the same time. The distance is about 1 mile to tie-in.
Q: Any time estimates? A: Within 2 months just to be safe.
Q: Any word on Klotzman or other JV projects? A: The main focus has been on Bastrop, but many other things are on going.
Q: What would be your best guess as to the frequency of PR's from this point forward? A: I have been asking Tnog management to be more frequent with their updates to shareholders and they are receptive to that. On average maybe one every couple of weeks, but take that with a grain of salt because it will depend upon conditions that are not always under Titan's control, i.e. weather, supply delays for equipment, etc. There may be several stacked close together, while other times will have longer down or quiet periods.
Q: You see the Titan team, we as shareholders do not, what was your impression with how they felt about the news today? A: Thrilled and pleasantly surprised.
Q: I view this as a long term investment. Having said that, as I see the share price now, we are up about 40%. I think the day traders and momenteum players are not real happy and I think things may get volatile in the near term. Any thoughts. A: I think that the short term traders and speculators are going to be replaced by long term investors over time, and that is always a good thing. I agree with your outlook.
Thanks Brandon, I look forward to you getting Titan to put out more updates for all the projects, and most importantly, updates on production and how that relates to the bottom line. Also, I do not wish ill of anyone, but I think if we see any hurricane action in the Gulf this season, then couple that with the fact summer is winding down may prove the wisdom in going after NG is nothing short of a stroke of genius. Prices won't be getting any cheaper in my opinion.
Thats it folks. I am feeling real good about where things are headed.
Posted by MoonWalker on :
That conversation was taken from a reliable source.
Posted by BATAVIA on :
What is a reliable source? Sounds like your imagination working with a legal pad, a cup of coffee, and an industrial eraser.
Your style of writing sounds like a pumper from the TNOG LONG BOARD where in order to become a member you have to show them a copy of your brokerage statement and 2 years of 1099's or W2's.
Really that conversation sounds contrived. LOL
Posted by MoonWalker on :
Out come the bashers.
I am a member of the long board and had to show no brokerage statement, 1099's and no W2's. Any other lies you want to throw out at me?
Posted by T e x on :
quote:Originally posted by MoonWalker: Out come the bashers.
I am a member of the long board and had to show no brokerage statement, 1099's and no W2's. Any other lies you want to throw out at me?
MW?
hardly bashing to ask you to reveal sources...
Allstocks *not* about "lil birdies"...
Posted by MoonWalker on :
If that person wants wants to join this board/discussion that's up to them. The information I've posted is not from "little birdies". All you have to do is pick up the phone and have your own conversation with Brandon. Here's the number: (503) 618-0370 or Toll Free: 1-888-601-9983
I'm simply passing along information to others interested in Titan. I stated that my previous post came from a reliable source becuase I don't want to take credit for other peoples DD.
Posted by MoonWalker on :
If your going to take a position in this, now is the time. This thing has hit bottom.
Posted by JIF on :
GREAT TIME TO BUY TODAY GUYS! WE'RE SEEING A REAL LOW FOR THIS STOCK AT .0035 IMHO.
Posted by MoonWalker on :
Exactly.
Once the hydraulic fracturing and gas line connecting the well to the gas gathering line is completed... $$$
They said it should take no longer than 2 months to complete. This Thursday it will have been a month. The MM's are shaking out loose hands now and walking down the price to gather up all the shares. They don't want to short themselves this time. Once this first well is producing we should see a snowball affect with the other wells. The PPS should continue to rise.
Titan Oil and Gas, Inc.: Final Process Underway to Bring Eberle #1 Gas Well On-Line Friday November 3, 9:10 am ET
SAN ANTONIO, TEXAS--(MARKET WIRE)--Nov 3, 2006 -- Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce the commencement of the final phase to bring its Eberle #1 gas well in Bastrop County, Texas, on-line, with a rig on its way to the site. With the successful conclusion of operations on the Eberle #1, preparations will be made to undertake development of an additional well in close proximity to it, where we will hope to obtain a similar result.
Previous operations in August proved successful. Gas production was achieved at appx. 5,000 feet, from what has been determined to be a Taylor Sand Formation. Lab results (shown below) have determined that this is "sweet" gas without measurable H2S content, which commands the highest price at market.
As earlier announced, wells in this area are best developed with hydraulic fracturing to obtain maximum production levels. This process was recommended in the In-Depth Bastrop County Report prior to commencement of operations, and will now be applied to bring the well on-line.
Relative Density from composition 0.6318 BTUs * 14.73 Saturated 970 BTUs * 14.73 Dry 987 Compressibility 0.99789
ADVERTISEMENT About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contact:
Contacts: Tital Oil and Gas, Inc. Investor Contact (503) 618-0370 or Toll Free: 1-888-601-9983 Email: info*titanoilandgas.com <mailto:info%40titanoilandgas.com> Website: http://www.titanoilandgas.com
Source: Titan Oil and Gas, Inc.
Posted by JIF on :
TNOG IS UP TODAY FROM .0025 TO .0033.
VOLUME IS HUGE!
THIS IS GREAT NEWS. GREAT RESPONSE ON THE STOCK!
Posted by LittleDutchDenny on :
Up 56%!!!
Posted by JIF on :
This dip is fine. We have some profit taking. It's no problem. This report is huge. And the volume is huge.
IMHO, we'll climb back up to .001 where we were just 6 months ago.
Posted by JIF on :
They have entered the final phase. The next report will be to announce that the well is operational and they are pumping gas.
Can you imagine what will happen to the stock price then! And just in time for winter!
imho
Posted by JIF on :
bouncing back now. More buying. More volume.
Steady climb back to .01 imho
Posted by legal1082 on :
TNOG -- Titan Oil and Gas, Inc. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Afternoon Movers: Eberle #1 Gas Well to be Brought Online
Nov 03, 2006 (M2 PRESSWIRE via COMTEX) -- Titan Oil and Gas Inc. (OTCPK:TNOG) is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties. Shares are up 60% with over 13 million in volume.
Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the OTC Exchange has brought Titan Oil and Gas Inc. (OTCPK:TNOG) to the attention of our research team.
Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce the commencement of the final phase to bring its Eberle #1 gas well in Bastrop County, Texas, on-line, with a rig on its way to the site. With the successful conclusion of operations on the Eberle #1, preparations will be made to undertake development of an additional well in close proximity to it, where we will hope to obtain a similar result.
Previous operations in August proved successful. Gas production was achieved at appx. 5,000 feet, from what has been determined to be a Taylor Sand Formation. Lab results (shown below) have determined that this is "sweet" gas without measurable H2S content, which commands the highest price at market.
As earlier announced, wells in this area are best developed with hydraulic fracturing to obtain maximum production levels. This process was recommended in the In-Depth Bastrop County Report prior to commencement of operations, and will now be applied to bring the well on-line.
To view other Market Gainer reports in this and other sectors, please visit www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. This article is available for viewing in the featured articles section on our website. No Credit Card information needed.
The Financial Information and Financial Content provided by **************** is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by ****************. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by **************** to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. **************** does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.
Posted by jon clogger on :
Awesome! I finally logged on and some some green today. Good call Moonwalker. Green pennies is the perfect "Basher-be-Gone" remedy.
BTW JIF, I hold some of the same positions you do, I look forward to this and DDSI taking off.
GLTA
Posted by LittleDutchDenny on :
Titan Oil and Gas, Inc.-Operations Update on Eberle # 1 Gas Well Market Wire - November 20, 2006 9:10 AM ET
Related Quotes Symbol Last Chg TNOG Trade 0.0034 0.00 Quotes delayed at least 15 minutes
Titan Oil and Gas, Inc. (TNOG: PK) is pleased to report that the rig at the Bastrop County site has been making excellent progress in preparing the Eberle # 1 well for hydraulic fracturing. Lab test results on gas samples from this well were posted in our previous news release on November 3,2006.
In the hydraulic fracturing process, sand will be forcibly injected into the formation at extremely high pressures, out to a radius which may extend up to 200 feet outward from the well. This process is designed to open up the fractures of the formation more fully for the highest potential volume of gas flow.
As part of this process, a cement bond test has been performed. This measures the adherence of the cement well casing to the formation surrounding it. With the extreme pressures at work in the hydraulic fracturing process, pressure could easily bleed off up and down the outside of the casing if it were not bonded tightly to the formation. It is important to focus the pressure directly on the zone which has tested for gas. In the Eberle # 1 well, this is at appx. 5,000 feet in depth, in what has been determined to be a Taylor Sand Formation.
We are pleased to report that the test verified a solid cement bond, with no need to utilize further specialized cement applications to isolate the target zone. The well is now prepared and ready for hydraulic fracturing, and the equipment has been ordered to the site to complete this process.
Along with our partners in this project, Houston-based Oasis Oil and Gas Corporation and San Antonio based Tejones Operating Corporation, we are eagerly looking forward to the results of this procedure, and will issue an update to our shareholders with news as it is available.
About Titan Oil and Gas. Inc. - Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contacts: Titan Oil and Gas, Inc. Investor Hotline (503) 618-0370 or Toll Free: 1-888-601-9983 Email: info*titanoilandgas.com Website: www.titanoilandgas.com
Titan Oil and Gas, Inc. (OTC: TNOG) - Monday's shares increased 3.33% to $0.0031 per share with a total of 4,302,000 shares traded. The company is pleased to report that the rig at the Bastrop County site has been making excellent progress in preparing the Eberle # 1 well for hydraulic fracturing. Lab test results on gas samples from this well were posted in our previous news release on November 3,2006. In the hydraulic fracturing process, sand will be forcibly injected into the formation at extremely high pressures, out to a radius which may extend up to 200 feet outward from the well. This process is designed to open up the fractures of the formation more fully for the highest potential volume of gas flow. As part of this process, a cement bond test has been performed. This measures the adherence of the cement well casing to the formation surrounding it. With the extreme pressures at work in the hydraulic fracturing process, pressure could easily bleed off up and down the outside of the casing if it were not bonded tightly to the formation. It is important to focus the pressure directly on the zone which has tested for gas. In the Eberle # 1 well, this is at appx. 5,000 feet in depth, in what has been determined to be a Taylor Sand Formation. We are pleased to report that the test verified a solid cement bond, with no need to utilize further specialized cement applications to isolate the target zone. The well is now prepared and ready for hydraulic fracturing, and the equipment has been ordered to the site to complete this process. Along with our partners in this project, Houston-based Oasis Oil and Gas Corporation and San Antonio based Tejones Operating Corporation, we are eagerly looking forward to the results of this procedure, and will issue an update to our shareholders with news as it is available.
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
*********.com features daily alerts going out three times daily to members. To join our email alert list, please visit: http://www.*********.com/stocks.htm .
Posted by LittleDutchDenny on :
TNOG -- Titan Oil and Gas, Inc. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Titan Oil and Gas, Inc. -- Company Update and Leadership Change
SAN ANTONIO, TX, Jan 18, 2007 (MARKET WIRE via COMTEX) -- Titan Oil and Gas, Inc. (PINKSHEETS: TNOG) would like to provide an update on the Eberle #1 gas well operations as well as recent leadership and company communication changes.
EBERLE #1 UPDATE
The gas Eberle #1 well operations are nearing the production phase. Recent hydraulic fracturing was successful and the gas well has shown to be a viable producer. Lab test results on gas samples from this well can be reviewed in a previous news release dated November 3, 2006. Pressure and flow rates as well as details on cash flow projections will be forthcoming, as they are made available.
LEADERSHIP CHANGE
Titan Oil and Gas is in the process of changing leadership so the company will be poised for success in the coming year. We would like to thank John Haylock and Guy Posella for assuming management and directorial responsibility for the last few months. In their place will be John Marconette and Brandon Toth taking over Board of Directors duties. John Marconette has been appointed to the position of President. Brandon Toth is coming on as Vice President of Communications during this transitional period. Additional Titan Oil and Gas management team members will be announced as they are added.
NEW INFORMATION RELEASED VIA COMPANY WEBSITE
While we continue the leadership transition, a better-detailed picture of the company's financial condition and structure will come into focus. Updates that are a result of this process will be posted on the website, www.titanoilandgas.com, and included in the Titan eNewsletter. The updates will have information about Titan including, but not limited to, press releases, leadership additions, production numbers as well as a host of other relevant information. We want to encourage any questions about Titan Oil and Gas and its operations to be submitted to the email address and phone number provided below. We will be including answers on the Titan eNewsletter and in a company **** that will be added in the coming weeks. We have found that investors appreciate having updates available that might not be of press release significance but still remain relevant to their position.
Posted by jon clogger on :
Anyone see what happened here today? This was a nice surprise from a POS I gave up on.
Posted by jon clogger on :
Does anyone expect movement from this? There was unusual volume friday with a 73% increase in pps.
Posted by Ganoga94 on :
Titan Oil and Gas, Inc. -- Production Phase Commences After Settlement Reached Monday April 23, 9:00 am ET
With Its Settlement Reached, Titan Oil and Gas Enters Into Its Second Phase of Reorganization With a Focus on Broadening and Increasing Production
SAN ANTONIO, TX--(MARKET WIRE)--Apr 23, 2007 -- Titan Oil and Gas, Inc. (Other OTC:TNOG.PK - News) has negotiated its settlement with RR Ventures, d.b.a. Bulldog Well Service. The arrangement was made as part of the management team's multi-phase reorganization plan. "This is an integral step in getting Titan back on track to becoming the company that investors had envisioned. Now we can get on with actual oil and gas production," according to company Vice President Brandon Toth. The payments to Bulldog Well Service will be a combination of cash and restricted stock. The cash component of the settlement will come from the sale of oil and gas from both producing wells and current wells about to go online.
The settlement was reached in an out of court agreement between the two companies after suit had been filed in the 81st Texas Judicial District Court. Both Titan Oil and Gas and Kent Jacobson were named in the suit. While Mr. Jacobson was part of the suit, Titan Oil and Gas management has chosen to sever their ties and make restitution without incurring further complications. "Rather than belaboring the point, we thought this step was important so that Titan could move forward," company president John Marconette stated, when asked to reflect on the agreement.
With the agreement, both management and the company's newly empanelled advisory team came to consensus as to the importance of this part of the first phase. Bulldog Well Service has shown a demonstrable amount of confidence in Titan Oil and Gas' ability to achieve projected production by the terms of the agreement. This agreement also brings to a close the first part of the phased turnaround framework, leading to production as the focus in the management's second phase. Updates will be forthcoming regarding actual production numbers.
ABOUT TITAN OIL AND GAS, INC.
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
Posted by Ganoga94 on :
"from the sale of oil and gas from both producing wells and current wells about to go online."
It's about time they get some oil/gas flowing.
Posted by Ganoga94 on :
Anyone still alive here?
Posted by Doctoall on :
quote:Originally posted by Ganoga94: Anyone still alive here?
You like this stock or something, 6 of your 7 post are on this stock Posted by Ganoga94 on :
People have to start posting somewhere don't they?
I do like this stock along with others. I just happen to be posting on this one first. Plus, since there seems to be 4 different TNOG threads I wasn't sure which one was the main one.
Posted by kilikili on :
MOVING!!!
Posted by kilikili on :
trading above 200ma!
Posted by kilikili on :
.0046 x .0048!!!
Posted by Ganoga94 on :
What a wild ride today!!!
TNOG's back on track and moving fast!!
Posted by Ganoga94 on :
Titan Oil and Gas, Inc. Receives Payment for Sale of Oil From Its Wilson County Operations Wednesday April 25, 8:00 am ET
Titan Oil and Gas Receives Payment From Shell Oil's Trading Arm With the Sale of Oil Recovered at Its Stanley 1B Well
SAN ANTONIO, TX--(MARKET WIRE)--Apr 25, 2007 -- Titan Oil and Gas, Inc. (Other OTC:TNOG.PK - News) is pleased to announce the beginning of its second/production phase of its reorganization with a payment from oil delivered from the Stanley 1B Well at its Wilson County Site. "This payment is a step in the right direction on the road to making Titan Oil and Gas not only solvent but profitable as well," said Brandon Toth -- Vice President of Communication. He continued, "Undoubtedly, there are big challenges but this is encouraging for all involved."
Entering the production phase, the company has started implementing a low cost production model as devised by company President John Marconette and Vice President Brandon Toth. "This payment is symbolic of our dedication to revenues; we look forward to solid production in the future," stated John Marconette, the company's President, referring to the Stanley well payment as well as information on the Eberle project, which is forthcoming.
The first segment of the phased reorganization was marked by two main goals that were met: the addition of management and advisors that could devise and implement a ground-up plan for the reorganization and successful management of operations for the company's portfolio of holdings, then addressing the company's debts so that Titan Oil and Gas could meet the goals that management had determined were appropriate moving forward. This also includes the lawsuit having been settled in its entirety and Bulldog's claims against Kent Jacobson being dismissed.
ABOUT TITAN OIL AND GAS, INC.
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
Posted by jon clogger on :
This thread has fizzled to page 3 of the message boards, yet TNOG is having an awesome run. I don't get it... there's about 9-10 posters on this forum who are usually on top of this stuff and do their due diligence for the rest of us.
C'mon guys, I need to copy your homework. You know the drill.
Posted by minkybodl on :
April 27, 2007 - 9:00 AM EDT
Titan Oil and Gas, Inc. - Leases Signed in Kern County California Titan Oil and Gas Has Signed Oil and Gas Leases on 480 Acres in the Southwest United States' Largest Prolific Area, Kern County, California Titan Oil and Gas, Inc. (PINKSHEETS: TNOG) is pleased to announce as part of the second phase of reorganization, the acquisition of 480 acres of oil and gas leases in the prolific Kern County, California region. "If Kern County was a state it would rank just behind California and ahead of Oklahoma in the production of oil," Brandon Toth - Vice President of Communication. The leases were purchased based on the proximity to major oil producing fields whereas the undeveloped land in the region is thought to be a prime target for new development.
Kern County is California's top oil-producing areas; it contains 85% of the state's 43,000 oil wells. The County is one of the largest producing regions in the country with three of the top five wells in the country. The largest of these is the Midway-Sunset field that produced more than 39.7 million barrels of oil in 2006, according to the California Division of Oil, Gas & Geothermal Resources. The county is responsible for upwards of one percent of the total production of oil in the world. "The undertaking is large but the potential rewards obviously make all of us excited about moving forward," stated John Marconette, the company's President.
The project was located by new management through their connections in oil and gas industry and the rights were purchased by Titan Oil and Gas. It lies east of Bakersfield and is surrounded by such mega fields as: Ant Hill, Edison (144 million barrels extracted as of 2000), and Kern Bluff. Oil operators in the area include: Chevron, Southern Oil and Gas, Western Petroleum Co., Mobil Oil Corp., and Stockdale Oil and Gas to name a few. Plans include a strategic review of the area and potential on our 480 acres as well as entertaining joint ventures with similar minded oil and gas companies on this field.
Having met the benchmarks of the first phase of the turnaround the leadership of Titan Oil and Gas have set about with implementation of a wide variety of strategies in their production oriented second phase. The Kern County operation represents just one aspect of this as others will follow.
ABOUT TITAN OIL AND GAS, INC.
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
FOR FURTHER INFORMATION PLEASE CONTACT: Titan Oil and Gas, Inc. Investor Hotline 1-210-858-5817 Toll Free: 1-888-601-9983 Email: info*titanoilandgas.com Website: www.titanoilandgas.com
Source: Market Wire (April 27, 2007 - 9:00 AM EDT)
People will soon realize that this run is NO pump and dump. This is the REAL THING!!!
Posted by Ganoga94 on :
I say we stick with this thread since it has the most pages.
Posted by tintin on :
This stock is Real thing for sure. Have 600K shares since long time.
They have a lot of land in the Wilson and the Bastrop County in Texas and a solid JV Partner.
We are waiting for the frac job numbers (production number)
A great board I found for TNOG Longs is on Yahoo and listed here, there are about 80 members and all of them seem to be a fan of what is going on, you might want check in if you are interested in TNOG:
Thought I'd bump this one up to the front page. It seems to be the most comprehensive of the 1,000 or so TNOG threads. News out! Check J U ICE's news thread for the day. Not only that, the dang thing is running. Chart looks nice too.
will see 0.01 soon, very soon.
Posted by Ganoga94 on :
Titan Oil and Gas, Inc. - Eberle #1 Prepares for Connection to the DCP Midstream Pipeline Monday April 30, 10:00 am ET
Titan Oil and Gas Continues in the Second Phase of Its Turnaround, as Its Eberle #1 Is Poised for Connection to DCP Midstream's Gas Pipeline
SAN ANTONIO, TX--(MARKET WIRE)--Apr 30, 2007 -- Titan Oil and Gas, Inc. (Other OTC:TNOG.PK - News) is pleased to announce that production at its Eberle #1 gas well in Bastrop County, Texas will allow for connection to DCP Midstream's gas pipeline. This arrangement will provide a steady distribution channel and income for the company. DCP Mainstream has been intensifying pipeline development in the area because of recent natural gas recoveries. It is because of this that Titan Oil and Gas has also looked at expanding onto adjoining properties in the area. DCP Midstream is a joint venture of ConocoPhillips and Spectra Energy, which is itself a spin-off of Duke Energy, one of North America's leading power producers with operations and assets in the United States, Canada and Latin America.
Vice President of Communications Brandon Toth related, "The well's connection to the pipeline affords us a steady and reliable income so that we can implement other aspects of the turnaround plan. This has occurred exactly as conceived, we're on the right track." As a key component in the Management Team's forward-looking program, the success of this goal in the phased turnaround process is a major development. As previous operations in July, August and November proved successful, gas production was achieved at approximately 5,000 feet after drilling. The well was determined to be a Taylor Sand Formation, which provides a high quality or "sweet" gas that commands the highest price at market.
"The Bastrop County Project [Eberle #1] was handled with care because there were so many other variables that had to be addressed first so that this would provide maximum benefit to shareholders." This according to President John Marconette in reference to operations started at the Eberle #1, Bastrop County, Texas site in July of 2006. The Eberle #1 site was being developed almost simultaneously as the company was in the midst of leadership changes.
Current partners in the Eberle #1 project include, Tejones Operating Corp. and Oasis Oil and Gas. J.R. Harrison heads Oasis Oil and Gas Corporation, a Houston-based company. Mr. Harrison has been in the petroleum and fuels marketing business for the last 18 years, and has worked with major oil companies such as Exxon Mobil and Shell Oil. Mr. Thomas Gouger III heads Tejones Operating Corporation. Mr. Gouger has been an oil and gas operator for over 25 years in the South Texas area. The company looks forward to continued relationships with these and other partners in a number of future projects.
Posted by T e x on :
geez, fellas--if an established thread's not good enough, how about at least picking *today's* oldest one? lol...
It seems to me this stock is extremely undervalued. With the latest round of PR's it would seem this thing would be over a penny.
WTF??!!
Posted by tintin on :
They have pro bashers working angainst them.
Remember AMEP, exactly the same story than TNOG's gonna do. Bought some AMEP at 0.0046 and sold them at 0.08
We are gonna see this stock ( TNOG)around 0.05 in the next year. Get ready guys.
excuse my poor language, im from québec the frenchy country.
Posted by jon clogger on :
Sounds good to me tintin, .05 would make me a very happy man.
Wow, French Canadian, I suppose I could say, "merci...aye"
Posted by Ganoga94 on :
I'm expecting .05 in the next couple months!
Posted by T e x on :
hope that works out!
Posted by legal1082 on :
Well guys I been in this one off and on for a long long time. Way to long for a penny stock. I have seen this hit over three cents. I am currently holding some for a loss, but I do like this company. they were looking touch and go for a while, but they seem to be serious about their business. I maybe a glutton, but I am considering buying more with the latest rounds of news. We'll see! Good luck to all
Posted by Ganoga94 on :
quote:Originally posted by T e x: hope that works out!
I don't need hope with the way TNOG's been moving. This has gone from a 2-year low of .0016 to a high of .008 in no time at all. I'm sure all those people that bought in around .002 are pretty happy right now. You can't argue with that.
With the Eberle well finally going online, their new lease in highly productive Kern County, gasoline prices nearing $4 this summer, plus whatever new management still has in the works... We have only seen the tip of the iceberg.
Posted by The Bigfoot on :
LOL Did these guys finally hit a winner?
Congrats to you.
Posted by Ganoga94 on :
Yes.
Posted by Ganoga94 on :
Stanley production numbers for Feb/March are now available on the TRRC.
Posted by jon clogger on :
Thanks Ganoga, but what is the TRRC? I'm highly interested in TNOG's progress!!
Thanks- The clogger of jons...
Posted by jon clogger on :
Okay, I actually did a little DD and found the TRRC, disregard last post Ganoga, thnx anyways!!
Posted by Ganoga94 on :
Feb. (88) / March (30)
This may not seem like much, but if you check the past year of production numbers you will see that within the past four months production has been significantly increasing. What they did I'm not sure of, but they must have done something. This gives them a steady stream of income to keep TNOG running. Bastrop is what will rocket it to the top!
Since Titan released the Eberle sweet gas results, 4 new wells have been drilled within 2 miles of the Eberle well!
Posted by Ganoga94 on :
To access the TRRC Production Reports follow the instructions posted on the Titan website:
This is going to be a 2X play before the end of the year- IMO
Posted by Ganoga94 on :
Thanks Clogger of Jons!
Posted by Ganoga94 on :
The chart is looking good to me! Posted by jon clogger on :
I don't know how to read charts, is the blue and red line about to cross what they call the "golden cross"?
Or is that my "wishfull thinking" cross?
Posted by Ganoga94 on :
You obviously know something about charts if you were able to see the Golden Cross!
Posted by Ganoga94 on :
SEC Votes To End Short-Selling 'Grandfather' Protections 11:39 AM EDT June 13, 2007
By Judith Burns Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- The Securities and Exchange Commission voted Wednesday to approve a change to tighten rules intended to curb manipulative short sales, including so-called "naked" short sales. The change eliminates a controversial exception that shielded existing short positions from requirements to deliver hard-to-borrow shares within 13 days of settlement. Once the change takes effect, short positions previously protected by the grandfather clause must be closed out within 35 days. SEC Chairman Christopher Cox said persistent failures to deliver shares sold short seem to be due to the grandfather protections, which the SEC included in 2004 to prevent stock-market volatility. Critics complained the protections undermined efforts to clean up abuses involving "naked" short sales. Short selling involves sales of borrowed securities, producing profits when prices decline. The practice is legal, but the SEC's Regulation SHO sought to prevent "naked" short sales, in which short sellers don't borrow securities they sell. SEC officials said delivery failures have declined about 35% overall since Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks defined as "threshold" securities.
Posted by jon clogger on :
BURN SHORTS, BUUUURRRRNNNN!!!!!!!!!!!!!!!
Posted by jon clogger on :
Hey a little movement today, hmmmm.....
Posted by tintin on :
sorry for my post outside of TNOG topics.
sitting and waiting PR'S
the month of jully gonna be crasy. load your truck guys.
Posted by Ganoga94 on :
My truck has been loaded!
Posted by jon clogger on :
What do you guys consider a loaded truck? I'm sitting on 1 million, but thinking of bumping to 2 or 3. Just worried I won't be able to get filled with the volume.
Posted by Ganoga94 on :
I put 9K in and plan on taking a lot more than that out! I'm not selling a single share til this hits .02
Posted by Ganoga94 on :
Titan Oil and Gas Engages Nahama Oil and Gas To Advise On Kern County Operations
Rodney Nahama In His Capacity As Owner Of Nahama Oil and Gas Will Be Advising On Current And Future Titan Oil and Gas Projects.
AUSTIN, Texas — (BUSINESS WIRE) — Titan Oil and Gas Inc. (Pink Sheets: TNOG) is pleased to announce that Nahama Oil and Gas with its founder Rodney Nahama have agreed to work with the Company in order to assess and develop its current and future projects in Kern County, California. Mr. Nahama has more than 40 years of experience in petroleum exploration and development in the region.
“We believe Nahama Oil and Gas’ experience working with smaller independent companies in this region makes them the best fit both culturally and in terms of the bottom line for Titan,” according to Titan Oil and Gas President, Brandon Toth.
Mr. Rodney Nahama has discovered some of the largest producing wells in California. Mr. Nahama was a member of the board of Royale Energy [http://www.royl.com/], a Nasdaq listed company. He worked as an exploration geologist for energy companies prior to co-founding the Nahama & Weagant Energy Company in 1979. As a Petroleum Geologist, Mr. Nahama has provided the benefit of his expertise not only to Royale Energy but also Honolulu, Franco Western, Getty, and Sunray Oil Companies. Mr. Nahama is a member of the American Association of Petroleum Geologists and the San Joaquin Geological Society. His expertise in exploring, developing, producing and selling natural gas in California and Oregon is well recognized throughout the United States.
Posted by T e x on :
c'mon fellas, pick one thread or another...
will clean up later, unless someone beats me to it.
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