First Titan Corp. (FTTN) Considers Strong Profit Potential of Recovery of Flared Gas Reserves
First Titan Corp., an oil and gas energy company, is in negotiations with BioFuel Power Corp. about definitive agreements to make an entry into the $5.29 billion gas-to-liquids market. The company notes that as it continues these negotiations, the strength of the profit potential of converting flared gas reserves into liquid hydrocarbon fuel is becoming increasingly clearer. There is an abundance of natural gas that is burned into the atmosphere every day, with literally millions of dollars in revenue going up in smoke. First Titan and its partners are looking at the possibility of investing in a technology that converts…