Nitro Completes Stimulation Program at Ok.



Nitro announced an engineering update on the first two wells in regard to the current enhancement program. The Quinlan #1, Quinlan #2, and Quinlan #3 wells are located in the Northeast Shawnee Field in Pottawatomie County, Oklahoma. Nitro is the operator on this field and chose to upgrade these 3 wells first which includes re-works on mechanical equipment down hole and chemical treatments which will happen within the next thirty days on the Quinlan #1 and Quinlan #2 wells. This work should result in a significant increase of daily production rates. In addition, Nitro's engineering department advised that the Viola Limestone is behind pipe in the Quinlan #3 well which should be re-equipped and put online within the next thirty days for new production. The company is actively seeking further Oil & Gas opportunities and is in negotiations on several projects subject to due diligence.


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