StockGuru Shines its Spotlight on Nitro Petroleum Incorporated (OTCBB: NTRO) With Announcement of Rig in Place and Restoration of Production in 10 to 20 Days — November 10, 2011

StockGuru Shines its Spotlight on Nitro Petroleum Incorporated (OTCBB: NTRO) With Announcement of Rig in Place and Restoration of Production in 10 to 20 Days — November 10, 2011

Dallas, Texas (November 10, 2011) – StockGuru Shines its Spotlight on Nitro Petroleum Incorporated (OTCBB: NTRO).  Nitro Petroleum Inc. announced yesterday that the Company has commenced Phase One of the Quinlan Project.

The Company closed on November 9, 2011, at $0.0074 trading in a fifty-two week range of $0.023 – 0.0002.

The Company moved in a pulling unit and has  rig up on the SWD well to replace the existing tubing with 3 1/2 in chrome tubing and will be pressure testing the SWD which will allow the Company to put the Quinlan No. 2 well back on line.

Phase Two of this project will be commenced next week by moving in on the Quinlan No. 1 to restore production and replacing the SWD pump.

Phase Three will be commenced the following week by restoring production on the Quinlan No. 3 well.

The company anticipates completing this project over the next 10 to 20 days.

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.

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