UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 

FORM 8-K

 
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported): January 12, 2011
 
TITAN OIL & GAS, INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Nevada
333-153762
26-2780766
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
7251 West Lake Mead Boulevard, Suite 300
Las Vegas, Nevada
(Address of Principal Executive Offices)
 
89128
(Zip Code)
 
(702) 562-4315
(Registrant’s Telephone Number, Including Area Code)
                                                                                                                    
(Former Name or Former Address, if Changed Since Last Report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 




 
 

 


Section 1 – Registrant’s Business and Operations

Item 1.01. Entry into a Material Definitive Agreement.

On January 12, 2011, Titan Oil & Gas, Inc., a Nevada corporation (the “Registrant”) acquired an interest in two Petroleum and Natural Gas Leases (the “Leases”) in the province of Alberta, Canada.  The rights to the Leases were acquired for an aggregate CDN $48,938 (USD $49,588) and the purchase price includes the first year’s aggregate annual lease payments of CDN $2,688 (USD $2,724).  The total area covered by the Registrant’s Leases is 768 hectares.  The interests in the Lease were acquired through a public land auction process held on a regular basis by the Alberta provincial government.


Item 9.01 Financial Statements and Exhibits

(a) Financial Statements.

(b) Pro forma financial information.

(c) Exhibits:






 



 
 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
Titan Oil & Gas, Inc.
 
(Registrant)
   
 
By: /s/ Jarnail Dhaddey
 
Name: Jarnail; Dhaddey,
Title: President, Chief Executive Officer, Treasurer, Secretary and Director

Date:  January 13, 2011