First Titan Corp. (FTTN) Production Surpassing Earlier Estimates
First Titan Corp. announced today that the production numbers from an Alabama well it owns interest in is exceeding expectations and is expected to match or surpass pre-production projections. The company’s producing well in the Little Cedar Creek Field in Alabama is pumping approximately 343 barrels of oil and 58,000 cubic feet of gas per day. Earlier estimates for the Conecuh County Brooklyn Field were for 400,000 to 800,000 barrels of oil to be extracted. "Production at the Alabama well is on schedule and is quite promising at this point of extraction," FTTN Interim CEO Robert Federowicz said. "We have…