First Titan Corp. (FTTN) Announces Progress at South Lake Charles Oil Well
First Titan Corp., an oil and natural gas development company, today noted it has possibly made a noteworthy discovery in the course of its drilling at a new oil well in South Lake Charles, Louisiana. One of its recent mud log samples indicates there might be hydrocarbons in a sand interval several thousand feet above the target area. Moving into the second month of drilling, FTTN has reached a depth of 12,300 feet at this oil well. Mud log samples that were taken as the drilling of the interval between 11,800 and 11,900 feet showed there might be hydrocarbons in…