Nitro Petroleum Inc. Announces Mason Burns Well Update Oklahoma
May 19 2010 - 6:37PM
Marketwired
Nitro Petroleum Incorporated (OTCBB: NTRO) reports today that the
engineering and economic feasibility study for the Mason Burns
lease is now complete. Nitro, the operator on this property, will
perform a remedial fracture (Frac) in the Viola Limestone
formation. The Mason Burns well is presently producing from the
upper and lower intervals of the First Bromide formation generating
excellent production recoveries. However, the company will be ready
when the First Bromide enters its secondary stage of production and
it is incumbent that the new zone be explored and tested. The Viola
Limestone is an extremely prolific reservoir in production. The
company will advise the shareholders on the upcoming results
shortly.
About Nitro Petroleum: Nitro Petroleum Inc. is a publicly traded
energy company engaged in the acquisition and development of oil
and natural gas properties in the United States and Canada. Nitro's
objective is to seek out opportunities in the energy sector that
represent low risk opportunities with significant upside, both
independently and with joint venture partners. More information
about the company is available at www.nitropetroleuminc.com.
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. We do not
intend to, and undertake no duty to, update any such forward
looking statements to reflect the impact of circumstances or events
that arise after the date such forward looking statements were
made.
Contacts: Nitro Petroleum Incorporated Investor Relations
405-273-9119 www.nitropetroleuminc.com