Titan Oil and Gas, Inc.
PINK SHEETS : TNOG

Titan Oil and Gas, Inc.

July 22, 2005 09:30 ET

Titan Oil and Gas, Inc.: Stanley # 1B Back in Production + Kosciusko # 1 Oil to Market

SAN ANTONIO, TEXAS--(CCNMatthews - July 22, 2005) - Titan Oil and Gas, Inc. (TNOG:OTC) is pleased to announce recent progress on its Stanley # 1B and Kosciusko # 1 Wells.

Titan CEO Kent Jacobson reports: "We are happy to report that the Stanley # 1B Well is back in production. We replaced the entire section of tubing that was affected, and the well is now pumping fine."

Jacobson further reports: "A truckload of oil was taken to market from the Kosciusko # 1 Well and an additional load is 'settling out' as it awaits shipment to market."

"We are pleased to provide this report to our shareholders, and we look forward to reporting further progress in the near future."

About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.

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 Oil and Gas, 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.

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