Today is : Monday, September 6, 2010

MANAGEMENT

James Borem- 
President and CFO
James Borem has a most impressive forty year history in the administration sectors of the petroleum industry. His arena of experience includes, petroleum valuations and development, financing, budgeting, marketing, materials procurement and risk management. A summary of Mr. Borem's employment includes senior management positions with Sun Oil, Eastern Pipeline Company, Andover Oil Company, Vintage Petroleum, Latex Resources, Double Eagle Petroleum and Comanche Energy. Mr. Borem is at present the President of two private oil and gas service and production companies in Oklahoma. His vast background in oil and gas administration and finance will instill a substantial asset to the management structure of Nitro.

Larry Wise- 
Direct and Head of Field Operations
Larry Wise worked as a Junior Field Engineer with Phillips 66 Petroleum Company 1977-1979. From 1979-1982 he worked for Jerry Scott Company as Completion Superintendent overseeing 14 drilling rigs and over 300 producing properties; 1982-1988 with JOMC Oil Co; 1988-1993 with Texas United Petroleum and 1993-1999 with Pottawatomie County Energy serving as President, Fund Raiser and Chief Operating Officer for all three companies. From 1999 through to 2006 he operated Wise Oil and Gas Company, LLC and served as an independent Engineering Consultant responsible for all operations of Morris E. Stewart Oil Company, OKC, Ok., Kirrie Oil Company, OKC, Ok., HoCo, Inc. Oil Company, Wichita Falls, TX., and Buccaneer Energy Corporation, Tampa Bay, FL

Gunther J. Weisbrich- Board of Directors
Mr. Weisbrich graduated with a Master's in Geology from Boston College and a Bachelor of Science-Geology at Susquehanna University in Selinsgrove, Pennsylvania. Mr. Weisbrich was a Production Geologist with Exxon Company, USA in Louisiana and a Senior Exploration Geologist with Hunt Oil Company Dallas, Texas. Gunther was also a Senior International Exploration Geologist for Yemen Hunt Oil Company/ Jannah Hunt Oil  Company. Exploration successes included the discovery and appraisal of the following fields: Al Nasr (120 MMBO), Dhahab (40 MMBO), Jabal Habah (241 BCFG), Wadi Bana (80 BCFG and 16 MMBO). Mr. Weisbrich received BEST POSTER AWARD at the 1994 Mexico City, Joint AAPG/AMPG research conference.

 

 

Announcements
June 7, 2010
New Project Garvin County Read more...»
June 7, 2010
Oklahoma Expansion Read more...»
June 7, 2010
Reserves Compiled for Nitro's Montana Prospect Read more...»
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MARKETS

Symbol:    NTRO.OB
Current Price:   $.016
52 Week Range:   $.01 - .07
Average Volume:   581,369
Outstanding Shares:   101,249,156
Restricted Shares:   1,806,054
Current Market Cap:   $1.62M

 
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