Nitro Recompletes Plummer Wells
Nitro announced that the recompletion of the Plummer 1 & 2 wells were successful. The wells are currently producing approximately 7 to 8BOBD. We are estimating this will add approximately $10,000 per month cash flow to the company. This is a 400% increase in cash flow. Jim Borem, President and CEO of Nitro Petroleum Incorporated, feels that with the wells currently producing at this rate that this should increase the company's cash flow by approximately $10,000.00 per month.