SAN ANTONIO, April 27, 2004 (PRIMEZONE) -- Titan Consolidated Inc. (Pink Sheets:TTCS) announced today that it has moved its corporate offices to San Antonio, Texas, in order to facilitate its work efforts in the San Antonio Chalk Trend area. The new offices will house Petroleum Engineer Peter Maupin and other engineers related to the Austin Chalk project in Wilson County and will serve as a base for other projects in the State of Texas.
The company's corporate offices are now located at:
Titan Consolidated Inc. The Petroleum Center Suite E-104 900 NE Loop 41 San Antonio TX 78209
The Company has launched a new corporate website, http://www.titanoilandgas.com Please consult the "Wilson Project" page at the website for a detailed description of the Austin Chalk project in Wilson County. The web site will be updated periodically over the next 7 days as new information is added. You may also contact Investor Relations at its new e-mail address: info@titanoilandgas.com
Titan Works Toward Completing Filings with the Exchange
Titan is also working to complete its filings with the exchange in order to resume its quotation on the OTC:BB. The company will need to complete all accounting processes and is now preparing for its required audit. Although little activity has taken place over the last 2 years, all financial documents and related materials are being compiled and the company will forward the necessary materials to an auditor as soon as practically possible. The company will keep shareholders informed regarding its progress.
For further information, please contact Investor Relations at: (info@titanoilandgas.com)
Safe Harbor
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Consolidated Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.