Nitro Announces Quinlan Projects
(firmenpresse) - OKLAHOMA CITY, OKLAHOMA -- (Marketwire) -- 11/09/11 -- Nitro Petroleum Incorporated (OTCBB: NTRO) -
Nitro Petroleum Inc. is pleased to announce that we have commenced phase one of the Quinlan project. We moved in a pulling unit and have rig up on the SWD well to replace the existing tubing with 3 1/2 in chrome tubing. We will be pressure testing the SWD well tomorrow, which will allow us to put the Quinlan No. 2 well back on line. We will commence phase 2 of this project next week by moving in on the Quinlan No. 1 to restore production and replacing the SWD pump. We will commence phase 3 the following week by restoring production on the Quinlan No. 3 well. We will keep you advised of our progress. The company is extremely excited about completing this project over the next 10 to 20 days.
About Nitro Petroleum: Nitro Petroleum Incorporated is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States and Canada. Nitro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. More information about the company is available at .
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.
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Nitro Petroleum Incorporated
Investor Relations
405-273-9119
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Datum: 09.11.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 1055218
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Oil & Gas
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