Nitro Petroleum Incorporated
OTC Bulletin Board : NTRO

Nitro Petroleum Incorporated

June 04, 2009 16:10 ET

Nitro Petroleum Incorporated Opens Canadian Office, Negotiating to Participate in Several Projects

OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 4, 2009) - Nitro Petroleum Incorporated (OTCBB:NTRO) is pleased to announce that it will be opening an office in Calgary, Alberta on June 8, 2009. Nitro has negotiated an arrangement with a local oil and gas producing company to share its strategic resources such as a staff of engineers and oil & gas geologists. This will allow Nitro to accelerate its evaluation of numerous projects. Nitro is presently negotiating a working interest in several projects. These projects are all advanced projects that have been drilled or are scheduled to be drilled, have 3D seismic data, pipeline infrastructure, are near producing wells and are relatively easy to put in production. These projects are consistent with Nitro's strategy to find low risk high probability producing projects that can be put on stream quickly to generate revenue.

Larry Wise, President of Nitro, stated, "We have been very fortunate in our entry into the Canadian oil and gas exploration business. We have access to seasoned professional geologists and engineers that have already found us a terrific project for which we are presently completing our due diligence and negotiations. We will be announcing the details of this project in the near future. We are also looking to hire a Canadian based manager to build and manage our projects north of the border. Our Oklahoma City office will continue to manage our United States based projects."

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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