Nitro Petroleum Incorporated
OTC Bulletin Board : NTRO

Nitro Petroleum Incorporated

January 26, 2011 09:01 ET

Nitro Petroleum Incorporated Begins Recompletion Programs

OKLAHOMA CITY, OKLAHOMA--(Marketwire - Jan. 26, 2011) - Nitro Petroleum Incorporated (OTCBB:NTRO) -

Nitro Petroleum Inc. recently completed the acquisition of a 7 well producing and development project. Nitro has accomplished the first phase of restoring production. The project is currently producing approximately 12-15 BOPD. The Company now has plans to re-complete The Plummer #1 & #2 wells in the Viola Lime, which could add an additional 10-15 BOPD. The company is estimating the cash flow for the company will increase approximately $20,000 to $24,000 per month when these wells are finished.

About Nitro Petroleum: Nitro Petroleum Incorporated is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States and Canada. Nitro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. More information about the company is available at www.nitropetroleuminc.com.

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. We do not intend to, and undertake no duty to, update any such forward looking statements to reflect the impact of circumstances or events that arise after the date such forward looking statements were made.

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