MIRAMAR BEACH, Fla.--(BUSINESS WIRE)--Following a successful 2013, First Titan Corp. (OTCBB: FTTN) Interim CEO Robert Federowicz issued an open letter to shareholders reviewing the Company’s successful gains during the past year and looking ahead to goals and milestones FTTN has in sight for 2014.
While the entire letter can be viewed on the Company’s website at www.firsttitancorp.com, highlights include: A recounting of FTTN’s aggressive acquisition strategy that saw it boost its oil and gas energy portfolio by adding assets in Texas and Louisiana; updates on current FTTN assets and their production rates, including its interest in Alabama; and a look ahead to 2014 and how the Company plans to add to its asset base while also investigating new and exciting business options and opportunities.
“We are extremely pleased with the progress First Titan made in 2013 and how we were able to build our asset base with key acquisitions,” Federowicz said. “We believe the gains made in 2013 will set the foundation for what has the potential to be an even more prosperous 2014. We are already aggressively pursuing new acquisitions while our current assets continue to produce return on investment.”
About First Titan Corp.
First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The Company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.