*NEWS on $NTRO* Nitro Petroleum Incorporated: Quin
Post# of 6
Posted On: 06/07/2012 6:25:55 AM
*NEWS on $NTRO* Nitro Petroleum Incorporated: Quinlan Project
June 6, 2012 2:23 PM ET
Nitro Petroleum Inc. (OTCBB:NTRO) is pleased to announce that we have completed the Quinlan project. We are currently producing approximately 38 BOPD. The company will continue to evaluate and make the necessary adjustments to improve the oil and water ratios. The company expects the production rate to stabilize in the range of 55 to 60 BOPD. Nitro petroleum Inc. currently owns 21% in the Quinlan #1, 49% in the Quinlan #2 and 39% in the Quinlan #3. We will keep you advised of all progress.
Contacts:
Nitro Petroleum Incorporated
(405) 279-9119
(405) 273-9889
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