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Monday, 05/17/2010 7:56:22 AM

Monday, May 17, 2010 7:56:22 AM

Post# of 6503
May 16th, 2010 ***Recently NTRO received a progress report on the C well, which is the first well completed on this 2 well project.

The area this discovery well is located in has been known for high pressure gas but the Operator reports that this well has intersected an oil zone. This oil zone is free flowing at a rate of 40 bbl/day and 320mcf gas. The well has produced over 850 bbls of oil and over 10 million cubic feet of natural gas during the 30 day production test. The operator believes this test has been flowing at 60% capacity.
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