Precision Petroleum Corp (fka PPTO)

[The_Pro]

Here's A Better Estimate Of PPTO's Take In The Plummers 1And 2:

OKLAHOMA CITY, OKLAHOMA--(Marketwire -01/ 26/11) -Nitro Petroleum Incorporated (OTC.BB:NTRO -News) -Nitro Petroleum Inc. recently completed the acquisition of a 7 well producing and development project. Nitro has accomplished the first phase of restoring production. The project is currently producing approximately 12-15 BOPD. The Company now has plans to re-complete The Plummer #1 & #2 wells in the Viola Lime, which could add an additional 10-15 BOPD. The company is estimating the cash flow for the company will increase approximately $20,000 to $24,000 per month when these wells are finished.