First Titan Corp. (FTTN) Moves to Exploit Global Energy Demand, Seeks Oil and Gas Leases in North America
Today, First Titan Corp. wholly-owned subsidiary, First Titan Energy, LLC, reported entry into the rapidly evolving North American oil and gas industry via start of talks to acquire key acreage leases/exploratory wells. Looking to position the Company ahead of growing global demand for energy inputs, CEO of FTTN, Robert Federowicz, pointed to emergent drilling technologies that have placed NA oil and gas previously viewed as not economically viable to exploit. Federowicz also explained that many of the associated challenges presented by developing such resource bases overseas weren’t present in the domestic wells/leases currently under consideration. Federowicz further explained that, while…
