First Titan Corp. (FTTN) Completes Drilling for South Lake Charles Prospect, Reports Preliminary Results
First Titan, focused on exploration and development of oil and natural via wholly owned subsidiary First Titan Energy LLC, has completed the drilling for its new well in South Lake Charles, La., and says production testing will soon commence. The well in South Lake Charles was drilled to a total depth of more than 15,300 feet. Based on initial well analysis, the company reports an increase in gas units, as well as the presence of C1-C5 gas in several potentially productive horizons. The last suite of well logs continues to be evaluated, and First Titan reports that logs conducted in…