FTTN Promotes Harvey S. Bryant to Chairman and CEO
First Titan Corp. (OTCBB: FTTN) announced today that the Company has
promoted veteran energy executive Harvey S. Bryant to the position of
chairman and CEO.
Bryant brings nearly four decades of energy industry experience to First
Titan. For more than a decade, he handled oil and gas investments for
the Oklahoma-based investment banking firm Anderson, Bryant and Company
and helped found the National Investment Banking Association (NIBA).
Today, Bryant continues to consult and serve on the board of several oil
and gas companies across the U.S. He has served as FTTN’s chief
operating officer since October 2012. Bryant succeeds Robert Federowicz
as CEO, who resigned his position at the beginning of the year to pursue
The Company will rely heavily on Bryant’s wealth of industry experience
and contacts as it enters an ambitious 2013. The first well in Alabama’s
Little Cedar Creek Field is already operating at maximum permitted
output. Plans call for drilling to begin at a second well in neighboring
Louisiana within a matter of weeks.
That’s only a start, however. First Titan is aggressively pursuing more
exciting new opportunities in oil and gas in and around the Gulf Coast.
The Company is also pursuing the acquisition of existing production
wells in Louisiana, Texas and elsewhere.
First Titan is working to develop new energy solutions to compete in a
booming global industry alongside Chesapeake Energy Corp.
(NYSE: CHK), Anadarko Petroleum Corp. (NYSE: APC), SandRidge Energy Inc.
(NYSE: SD) and Apache Corp. (NYSE: APA).
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.
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.