Probedurchlauf mit 2000% NITRO PETROLEUM geglückt
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Versuchsreihe Jan/Febr '11,es beginnt der Ernstfall/GrB
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Jan. 19, 2011) - Nitro Petroleum Incorporated (OTCBB:NTRO) -
Nitro Petroleum is pleased to announce: During the year of 2010 the management has been primary focused on improving the company balance sheet, increasing the reserve value, improving the cash flow and reducing operating expenses.
Revenue: For the three months ended October, 2010 the company increased its revenue by 51% compared to the three months ending October 2009. For the three months ended October 31, 2010, the company had revenue of $51,606 as compared to $34,188 for the three months ended October 31, 2009. For the nine months ending October 31, 2010. The company increased its revenue by 34% compared to the nine months ending October 2009. For the nine months ended October 31, 2010, the company had revenue of $120,124 as compared to $89,854 for the nine months ended October 31, 2009.
Expenses: For the three months ending October 2010 the company reduced its expenses by 31%, compared to its expenses for the three months ending in October 2009. The cost of continued operations for the three months ended October 31, 2010 was $141,850 as compared to the cost of continued operations for the three months ended October 31, 2009 was $277,525. For the nine months ending October 2010 the company reduced its expenses by 40% compared to its expenses for the nine months ending October 2009. The cost of continued operations for the nine months ended October 31, 2010 was $488,630 as compared to the cost of continued operations for the nine months ended October 31, 2009 was $820,011.
The company believes that future revenues will continue to increase and foresee further reductions in operating costs for the year of 2011.
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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Posted by admin on Feb 4, 2011
http://www.nitropetroleuminc.com/blog/view/..._Petroleum_Incorporated
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Jan. 25, 2011) - Nitro Petroleum Incorporated (OTCBB:NTRO) -
Nitro currently has a re-completion development project in progress on the McNeil # 1 well. The well has been re-equipped, perforated and stimulated. The company is planning on fracking this well within the next 10 days. The company is estimating this could add an additional $12,000 to $14,000 cash flow per month to the company income.
The company has identified an additional development project on 4 of the company wells. This project will require change in production equipment on surface and sub-surface. We are currently discussing this project with our industry partners. We are estimating this project to be completed within the next 2 to 3 months. Estimated cost of this project is approximately $600,000 to $700,000.
The company is in negotiations on a 15 well acquisition that we would like to complete in the next 3 to 4 months.
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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Posted by admin on Feb 4, 2011
http://www.nitropetroleuminc.com/blog/view/...Recomplete_the_McNeil_1
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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Posted by admin on Feb 4, 2011
http://www.nitropetroleuminc.com/blog/view/...s_recompletion_programs
Bin noch am überlegen und prüfen ob es sich lohnt hier einzusteigen.
GrB
Ps bei mir kam damals kein Blatt ohne Loch runter
Ja gut Urmel mich hatten die auch nicht genommen,Börse ist doch sympathischer,gell ;-))
Posi 5 3000%
Posi 6 3000%
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Mehrwertssteuer/Courtage zuzüglich
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steht alles da,liest sich doch gut,oder(Stichpunkte das Grobe/Wichtige gefilter) von mir/Buran übersetzt in's klare Börsen-Deutsch.Ja ich bin nett. ;-)
Hab mir ma ne kleine Posi.ins Depot gelegt ma sehen was sich daraus entwickelt.
;-)
sauer?
Ps arbeiten ist doch doof,ich feixe schon ab heute morgen hier ab,trink ersteinmal Dein Feierabendbier,Landsmann!
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rt+159,99%,bleibe noch bis SK,es darf getippt werden
kommt mir nicht mit Minus an!