Triton Reports Progress on Radial Jet Drilling.Triton American Well Services Well services is a department within a petroleum production company through which matters concerning existing wells are handled. Having a shared well services department for all (or at least multiple) assets operated by a company is seen as advantageous as it allows the pooling of Beginning Fourth Well On Twelve Well Blackwell Pilot Program HOUSTON -- Triton American Energy Corp. (PINKSHEETS: TRAE TRAE Time, Range, Azimuth, Elevation ), provider of natural gas and crude oil, is pleased to report its subsidiary Triton American Well Service, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (TAWS) has initiated activities on the fourth well to be re-completed on the Blackwell Lease in Caldwell County, Texas Caldwell County is a county located in the U.S. state of Texas. It is part of the Austin-Round Rock metropolitan area. In 2000, the population was 32,194. Its county seat is Lockhart6. , site of the first ever utilization of radial jet drilling technology under license to the Company combined with the Thermal Pulse The radiant power versus time pulse from a nuclear weapon detonation. Unit technology contracted through Weekley Energy Group I, LP, a partner in the project. After testing a total of four separate intervals in the first well, the Blackwell #10A, Triton has elected to concentrate future activities exclusively in the Lower and Upper Austin Chalk formations, shortening the laterals and concentrating on the stringers contained within the roughly 260 feet pay zones encompassing the Austin Chalk. Significant oil shows on the third well, the Blackwell #1A, should allow the Company to begin producing oil early next month. For more information, please contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at (973) 351-3868 for Stephen Taylor or visit our website at: www.tritonamericanenergycorp.com About Triton American Energy Corporation: Triton American Energy is an independent crude oil and natural gas and oil exploration and production company based in Houston, Texas. The company's business plan is structured to take advantage of today's rising energy cost, while reducing as much financial risk as possible. Tritons niche or specialty are the small to moderate operations (usually 1-50 well projects). These wells can be worth hundreds of millions of dollars in revenue but require more hands-on attention then the major producers are willing to give. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange |
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