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Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization

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To: Richard Saunders who started this subject3/18/2001 6:09:40 PM
From: Richard Saunders   of 56
 
private Titanium Oil and Gas (pres. Donald Copeland)
cbsecurities.com

some of the Titanium individuals are mentioned in an old SEDAR filing for Wise Wood Energy
sedar.com

Corporate details re: Titanium from Collins Barrow site:

- Private Company with Approximately 50 Shareholders
- Production mostly from Operated Properties with High Working Interests
- Established Cash Flow from both Oil and Gas Properties
- Current Production is 1,900 BOE/day (85% oil / 15% gas)
- Many Significant Development and Exploration Opportunities Identified
- Potential to Significantly Increase Production from Existing Properties
- Negligible Debt and Abandonment Liabilities
- Future Capital Requirements can be Financed from Existing Cash Flow
- Proved Plus Probable Engineering Evaluation Results Prepared by Ashton Jenkins Mann
- 2001 Production Expected to Increase to 2,590 BOE/day
- 2001 Cash Flow before G&A Forecast to be $20.1 Million
- 4.1 MMBbls of Remaining Oil Reserves
- 12.1 Bcf of Remaining Sales Gas Reserves
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