As part of an annual strategic review process, First Titan Corp. management discussed the trajectory of the company over the next 12 months and implemented measures to ensure proper alignment of all initiatives planned and underway, including the addition of potentially lucrative projects in Texas and Oklahoma.

FTTN reaffirmed its strategy of investing capital in oil and gas assets with potential significant financial impact and large scale application of development processes and technologies, especially in environments where detailed stratigraphy and environmental facies expertise is possessed.

As a result of the annual review and high-grading of some prospective projects in the normal course of business, FTTN is focusing more resources on several projects located within Texas and Oklahoma, due to their potential for immediate financial impact and rapid scalability, which could enable FTTN to increase its grow rate rapidly over the next year.

Tags: First Titan Corp.