TNOG.PK Oil play, ready yet?

[eduardvs]

With all of the Oil companys going up regarding gas, isn't TNOG about due?

daclyyay[da][pb4!b8!f][vc60][iut!Ub14!Ua12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=tnog,uu[w,a]daclyyay[da][pb4!b8!f][vc60][iut!Ub14!Ua12,26,9]&pref=G

[basonista]

This looks to really be wanting to breakout of an ascending triangle.  Longterm chart shows a falling wedge moving into an ascending triangle, both potential trend reversal formations and both happening on gradually declining volume.



The last 2 days really tried hard to breakout of the horizontal resistance at .0141.  I would look to buy either at a breakout with volume or a bounce off the lower ascending trendline.  TNOG really ran from these levels in May and June.

[gmarc66]

News out. so far caused a 20% increase


2005-11-30 10:30:01 
Titan Oil and Gas, Inc.-Shareholder Update on Oil and Gas Operations 
News Editors / Energy Writers

SAN ANTONIO--(BUSINESS WIRE)--Nov. 30, 2005--
The Management of Titan Oil and Gas, Inc. (TNOG:OTC)
would like to take this opportunity to update our shareholders on
current developments and prospects for our oil and gas operations.

We remain committed to building value for our shareholders who
have loyally supported us. We estimate that we now have in excess of
8,000 shareholders. A recent NOBO List (Non-Objecting Beneficial
Owners) showed more than 7,400 shareholders, and, undoubtedly, there
are many more who will not appear on this list.

As previously announced, work is underway to commence high-volume
pumping on the Stanley # 1 Well in Wilson County, in conjunction with
a water disposal system to allow the well to be produced at a high
volume. The Stanley # 1 Well produced in excess of 1,000 barrels of
oil in one month earlier this year, and has a past production history
of appx. 28,000 barrels of oil, along with substantial amounts of gas.

A high-volume turbine submersible pump has been ordered, and the
permit process is underway to commence work on the target water
injection well. We hope to have all of the work concluded and have
this well in production within the coming month.

We are arranging the transportation of tanks from the Kosciusko
location to be used in developing our first target well on the
Bastrop County lease. Titan currently has over 250 acres under lease
in Bastrop County, with an additional 350 acres that are also
available in order to initiate new drilling operations.

Titan's initial drilling target in Bastrop County is a
re-completion of a well with an initial production history of appx.
170 barrels of oil and 178 mcf of gas per day. Titan's Petroleum
Engineer, Pete Maupin, wants to utilize a process to renew production
that has been successfully used in the area many times in the past,
but that was not applied to this well.

If test results are as expected, with the current 250 acres under
lease there are a further 5 opportunities for wells to be drilled in
this field - 1 re-completion of an existing well bore, and 4
opportunities for new wells to be drilled from the surface. If we
proceed to lease the remaining 350 acres, we will have 6 further
opportunities for new wells to be drilled from the surface. We will
be issuing a Bastrop County Report to shareholders similar to the
report that was prepared for Wilson County.

In addition to the foregoing, we plan to undertake horizontal
drilling on the Stanley #1 B Well in Wilson County as quickly as
possible. This well originally produced over 30,000 barrels of oil
and a substantial quantity of gas as a vertical well. The Stanley # 1
B Well has a large, 5 1/2" diameter casing to more easily facilitate
re-completion by horizontal drilling than smaller well bores
generally found in the area.

Our management team has decided to fully exploit the value of our
oil and gas properties at a more rapid pace by means of joint
ventures. We have had good progress thus far in discussions with
interested parties and will update our shareholders on developments
as they occur.

[catrader]

now like 0.011 up more than 100% for day.  Might this be another pgpm like play?  well keep an eye for thought.

[dhiraj19]

Catrader,

Did you get in? Day end rush going on. I had to pick between IVHG and TNOG.

in @0.0136.

- Dhiraj

[dhiraj19]

It dropped from 0.0142 to 0.012 in last 10 minutes. *$%)(^*^ 
- Dhiraj

[hermanpu]

i was considering going in at .009 while i was talking to elite G in the daily TA forum. Too risky for me. ::shivers:::

[penny2]

imo now the time thttp://stockcharts.com/h-sc/ui?s=tnogo buy

[setravis]

REACHES AGREEMENT WITH ALL MAJOR CREDITORS: Titan Oil and Gas Inc. (TNOG)
management has secured settlements with all major creditors. These negotiations struck a
similar tone to those that addressed the company's legal issues; in that the strength of management's
plan to move the business forward was a key factor in the process. Titan Oil and Gas
had a liability of approx. $871,664 before management entered into talks with company creditors.
Through negotiation, the amount was revised down to $641,959, a reduction of $229,685
or more than 26%. This figure includes all remaining debt other than monthly expenses. 65% of
the negotiated amount will be amortized over a 36 month period. Due to their confidence in the
business plan the remaining 35%, which includes management, will be taken in the form of stock
as a longer-term investment. As with the legal settlements, Titan will also pay only the remaining
principal, not interest, to these creditors.

[Ares]

More news for the up and away stage?

Titan Oil and Gas Initiates Development of Kern County Project
Wednesday May 7, 9:00 am ET

http://biz.yahoo.com/bw/080507/20080507005487.html?.v=1

TNOG entry  in my journal:

http://www.3stocksonfire.org/trading/index.php?topic=8896.480

[52 windsor deluxe]

i've...been..in...this...garbage...4.....4...years.....so....i...bought...some...more...