Be sure NTRO is on your radar screen!! – LevelStock.com Stock Report! on NITRO Petroleum Inc.

You should maintain a close eye on NTRO!!

NTRO reported that it has received a reserve calculation of oil and natural gas estimated for the Big Horn project in the State of Montana.

The reservoir engineering firm of Ramsey Property Management LLC of Oklahoma City were contracted by NTRO to evaluate the potential petroleum reserves.

Ramsey has reported the following initial calculation indicators: 93,900 barrels of high gravity crude oil, 236,000,000 cubic feet of natural gas.

NTRO maintains a 25% working interest in a 1600 acre lease. Drilling regulations provide for a possible ten well drilling program on this lease.

NTRO is currently in negotiation with potential JV partners to prospect the first well. The target reservoir is the Tensleep geology believed to lay at a 7300 foot depth.

This well will be featured as an exploration target although a Lodge Grass offset drilled one half section to the east has produced in excess of 286,000 barrels and continues to produce approximately 40 barrels per day without stimulation.

Furthermore, NTRO reported that the engineering and economic feasibility study for the Mason Burns lease is now complete.

NTRO, the operator on this property, will perform a remedial fracture (Frac) in the Viola Limestone formation. The Mason Burns well is presently producing from the upper and lower intervals of the First Bromide formation generating excellent production recoveries. However, the company will be ready when the First Bromide enters its secondary stage of production and it is incumbent that the new zone be explored and tested.

The Viola Limestone is an extremely prolific reservoir in production.

Be sure NTRO is on your radar screen!!

More about NTRO at www.nitropetroleuminc.com

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