The Crows Run Field is a major acquisition in an area of proven production in Western Pennsylvania. The Crows Run Project (CRP), previously referred to as the Tevebaugh Field in a number of documents, represents a significant move for the company as it contains 27 crude oil producing wells that will be contributing cash to Titan Oil and Gas' bottom line.

The initial move to restructure and improve Titan was undertaken by Titan President Brandon Toth in Q1 of 2008. The company can now claim production and a great deal of upside given that the bulk of the 61 wells contained within this deal have remained unimproved in the past quarter century, many while still continuing to produce. The best well produces 5 bbls of oil a day while others have as little as 1-2 bbls of oil per week given a lack of maintenance, outdated pumpjacks and no reworking in more than two decades.

Currently, management is preparing its plan to improve production throughout all of the wells in the Crows Run Field. We will be working closely with Geologist Dan Billman in order to devise a plan for further development as well. Working with Mr. Billman, we will look at additional payzones that can be reached with either fracturing of current wells or additional drilling on these leases. We are also looking at possible agreements with oil service providers who have expressed an interest in partnering with Titan Oil and Gas in order to enhance production with the latest drilling and fracturing technology.

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The Eberle #1 has been prepared and is ready to be moved into production as soon as it is connected to a gas pipeline. The well had previously been in production and has since been completely reworked including hydraulic fracturing. The Eberle #1 has a test history of production of between 123 to 170 barrels of oil per day. Gas production is also significant as documented in section 5e of this document in the Alcor Petrolabs breakdown in its Gas Report.

The delay in connecting to DCP Midstream's natural gas pipeline was essentially caused by leaks that rendered it unusable. Titan Oil and Gas management has since moved into negotiation with landowners in the area to secure a right of way which would allow it to connect to another natural gas pipeline in the area. Since the well itself is fully reworked and prepared, connection is the only step that is left in moving the Eberle #1 to revenue production.

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The area of the lease falls within the zone of three different fields, The Edison, The Northeast Edison and Ant Hill. There are a total of 1810 wells within the fields that surround the Titan Oil and Gas lease in Kern County. The total proven reserves for these wells in 2006, the last year the State of California has data on, was 15,494 Mbbl. Production in the area actually increased from 2005 through 2006 with the introduction of new technology and rising oil prices.

If it were a state Kern County would rank fifth in oil production just behind California itself. The location of the lease is within the Township 29s and Range 29e sections of the BLM oil lease map. Aera Energy, Chevron and Occidental Petroleum are the three major oil producers that own the bulk of all producing wells in these three oil fields as well as throughout the San Joaquin Valley.

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