InvestorsHub Logo
Followers 0
Posts 134
Boards Moderated 0
Alias Born 11/24/2012

Re: None

Wednesday, 10/30/2013 10:22:52 AM

Wednesday, October 30, 2013 10:22:52 AM

Post# of 6503
Great Nitro News on Giant 2-21
SHAWNEE, OKLAHOMA, Oct 30, 2013 (Marketwired via COMTEX) -- Nitro Petroleum
Inc. (OTCBB:NTRO) has recently perforated their Giant #2-21 in Section 21-2N-8W
on Thursday, (10-17-13) in the Upper Sears Sand, 6566' to 6576' (10'), and in
the Lower Sears Sand, 6680' to 6730' (50'). On the following Monday, 10-21-2013,
Nitro performed an acid breakdown with 1500 gallons of 15% HCL on their well.
Tuesday, 10-22-2013, Nitro swabbed all of their acid breakdown fluid (including
water flush) with an encouraging 40 barrels of oil with 320# of shut-in gas
pressure entering into the borehole after being shut-in overnight. Subsequently
Tuesday afternoon, Nitro fracture treated the Giant #2-21 with 600 barrels
gelled 4% KCL water and 10,000# of 20-40 sand allowing the well to be shut-in
after treatment overnight till Wednesday. Wednesday, Thursday and Friday,
(10-23, 24 & 25-13), Nitro installed the pump jack, ran rods & tubing, ran down
hole pump, and set up the tank battery. Monday, (10-28-13), Nitro finished
installing the flow lines, and installed the electric lines to totally equip the
Giant #2-21. Tuesday, (10-29-13), Nitro started pumping the well back @ 9:30 AM
and Nitro expects to have stabilized results within 15 days. As of today, the
well has performed very well through the completion process and we will keep
everyone informed as the well starts producing oil & gas.

Respectfully,

James Borem, President

Nitro Petroleum Inc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.