Nitro Petroleum, Inc.-Acquires New Project: Nancy Hubbard, Walker, Krouch 1 & 2-Oklahoma

Nitro Petroleum, Inc. reports today that the Company has acquired an interest in the Nancy Hubbard, Walker and Krouch 1 & 2 leases. These leases are located in Pottawatomie County, Oklahoma and are in production. Nitro Petroleum, Inc. is the Operator of this entire project. The plan of action is to immediately Frac the Hunton Limestone formation in the Nancy Hubbard well which is a very prolific pay zone in this Area. Also Nitro will then deepen the Krouch well to the 1st Wilcox Sand to increase Oil production. In addition to the Nancy Hubbard re-work and the Krouch well, Nitro will the re-equip and Frac the Hunton Limestone in the Walker well. The Company anticipates that after a successful work program that the Oil production will have a significant increase. Nitro will advise the shareholders of the progress on this Project shortly.

Nitro Petroleum, Inc. is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the Southern United States. 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.