Nitro Preps Ok. Well for Rework

Nitro reported that the Ward-McNeil well located in Section 27, T3N, R1W, Garvin County, Oklahoma is now ready for a fracture treatment. Nitro is the Operator on this project and their Geologist has identified a potential pay zone in the Viola Limestone formation. Previously, the well had been perforated and produced oil in the Lower Layton Sand sequence and the Viola Detrital. The well lies just on the north side of a North-Southwest trending fault with occasional closed anticlines lying on the north boundary of the fault which is the same scenario for the Ward-McNeil # 1 well. The company believes that this well is located in the same favorable position as the Ward-McNeil # 1 as this well had substantial production from Viola Limestone just to the North West. Services are now being scheduled and should be completed within approximately 30 days. Nitro will report on the progress on completion shortly.