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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!
-------------------- "Dont kid yourself Jimmy, if that cow had the chance he'd eat you and everyone you care about" Troy Mcleur
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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).
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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!
-------------------- "Dont kid yourself Jimmy, if that cow had the chance he'd eat you and everyone you care about" Troy Mcleur
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posted
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!
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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.
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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.
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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
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!!
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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!!!
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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
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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.
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No. Do some DD and try calling him yourself.
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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.
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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
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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.
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