First Titan Strikes ‘Black Gold’ At Alabama Well
September 26, 2012
First Titan Corp. (OTCBB: FTTN) announced that production is now underway at its new oil well in the Little Cedar Creek field in Alabama.
The well is currently producing slightly more than 400 bo/d and 350 Mcf/d of gas, with no water and no hydrogen sulfide. State law limits production from a well to 400 bo/d. The well is currently producing with a flowing tubing pressure of 440 psi through a 16/64-in choke.
Located in Conecuh County, Ala., it is the first producing well in which FTTN owns a working ...
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