Projects

Nitro Petroleum is a unique oil and gas exploration company that identifies and develops reserves utilizing innovative techniques in a low cost environment. Nitro currently holds investments in the following projects:

• Acquisition of Hoco Oil Company in Oklahoma
  
  • Total Developed Reserves of Approximately $20 million.
  • Numerous new well locations for developmental drilling
     
• Barnett Shale project, operated by Reo Star Energy Corp.
  
  • $900,000 in acreage and working interests in existingwells
     
• Powder River Basin in Montana
  
  • Agreement to acquire oil and gas leases covering approximately 1,600 acres with additional options to acquire another 3,200 acres. Production in the area has produced in the range of 300-500 BOD.
     
• West & East Mooreland and the Farley projects in Oklahoma.
  
  • These wells are currently been re-worked and have plans for testing. The Company will be re-working 3 wells on  the Crown Lease, Oklahoma.