2011-04-01-2011-03-29-2011-03-29

Acquired interest in 5 oil wells on 800 acres of land approximately in Leaman area of AB, gaining 60 BO/d.

Titan Oil & Gas Inc., Las Vegas, Nev., (OTCBB: TNGS) has acquired an interest in five producing oil wells operated by Calgary-based Petrobakken Energy for an undisclosed price.

The wells are located on 800 acres of land approximately 80 miles northwest of Edmonton in the Leaman area. Current gross production is approximately 60 barrels of oil a day and there is potential for another well to be drilled in the future.