Since April 2004, Titan has had several noteworthy announcements beginning with their intentions to develop the Wilson County, Texas Field. With the assistance of Petroleum Engineer Peter Maupin, the company has made the following progress and significant announcements:

As originally stated by Petroleum Engineer Peter Maupin, "It is very difficult to determine exact reserves in the Austin Chalk because of the nature of the reservoir, as it is made up of fractures and fissures. From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide, we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $55,000,000.00 of gross oil revenue at today's prices. We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $12,000,000.00 of gross gas revenue at today's prices."
Adjusted for oil and gas prices as of October 2004, this would mean $84,000,000.00 of gross oil revenue and $20,000,000.00 of gross gas revenue.

On Sept 15, 2004 - Titan entered into a gas production contract with Midway Pipeline, Inc., of San Antonio, Texas to facilitate the sale of gas production in the Stanley Unit, (Austin Chalk), Wilson County, Texas.
On Sept 21, 2004 - Titan announced installation of the gas separator unit on its project in the Stanley Unit and announced an agreement with Midway Pipeline, Inc. to include an H2S Sample Monitor which will allow natural gas to be treated on-site thereby realizing the best attainable market price on anticipated production. In addition, this agreement will result in an additional 5% payment to Titan each month, above the current gas sales price.
On Oct 7, 2004 - Titan announced completion of gas pipe to the wellheads of its 2 major wells. Titan further announced near completion of the final wiring for the H2S Sample Monitor for gas processing and imminent sales of natural gas.
On Oct 14, 2004 - Titan announced production of 12 barrels of oil in the first 2 hours of flow from the No. 1 well.
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 Consolidated, 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.

Expecting more PR's next week with more #'s.

Titan CEO Kent Jacobson stated, "The oil dump controller has been repaired and re-installed in our three-phase separator, and everything is working perfectly. Today will be our first full day of oil production and we eagerly await the results."

Jacobson further stated, "These are primarily oil wells and the gas is icing on the cake. Gas is still being vented as Midway continues final work on the wiring of the HCS monitor, and the Company expects the work will be completed by the middle of next week."

About Titan Consolidated, 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.

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Originally posted by Novjunior:
Would you say it would be safe to buy today before Monday beacause of a possibility of a PR before market open? Could there even be one today? This Co. Seems to get info out fast.

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When they release a PR on the #'s, you will be chasing this one. I got in two days ago because I didn't want to be the one chasing.

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My future so bright...I gotta wear shades!