“We are extremely pleased with the production from the latest Alabama well,” FTTN Interim CEO Robert Federowicz said in the news release. “This well was recently reworked and has responded more favorably than we originally expected.”
The oil well is located in Brooklyn Field, which is said to be Alabama’s most prolific oilfield. The well currently has a flowing tubing pressure of just over 400 pounds per square inch on 16/64ths choke. In addition to Alabama, First Titan Corp. also possesses holdings in Texas, Louisiana, and Oklahoma.
The company is looking for development of energy assets through its wholly owned subsidiary, First Titan, LLC. It is especially interested in exploring oil and natural gas asset development opportunities with prospective partners that are cutting-edge, unconventional, and eco-friendly in their oil and natural gas excavation methods.
For more information, visit: www.firsttitanenergy.com
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