Nitro Petroleum Incorporated
OTC Bulletin Board : NPTR

Nitro Petroleum Incorporated

October 18, 2006 16:02 ET

Nitro Petroleum, Inc. Announces Inglish #5 is on Line

LAS VEGAS, NEVADA--(CCNMatthews - Oct. 18, 2006) - Nitro Petroleum, Inc. (OTCBB:NPTR) -

The company is pleased to announce that the Inglish #5 well in the Barnett Shale has exceeded expectations in its initial production stage.

The well came into production on October 12, 2006 and has produced 2355 barrels of oil and 5,245,000 MCF of gas in six days of production. This well has averaged 390 Bbls of oil per day.

To date 1,975 Bbls of oil and the gas production have been sold.

Nitro has a 5% working interest in the well.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.

Contact Information

  • Nitro Petroleum, Inc.
    Andrea Bleasdale
    Investor Relations
    Toll Free: 1-888-740-7276