Nitro Petroleum Company Overview
Nitro Petroleum, Inc. (“Nitro”) is a natural resource company engaged in the development and re-development of oil and gas fields in the United States. Nitro’s business strategy is to identify and develop oil and gas reserves that provide low cost barrier and an appreciation of value.
Nitro Petroleum Project Overview
NITRO Petroleum Inc. is a growth orientated, oil and gas Exploration Company. That focuses on the upstream component of the exploration and production of natural resources. The Company has two primary strategies: the continued development of joint venture properties in highly productive areas, and the redevelopment of mature fields through the innovative use of technology.
- Barnett Shale Joint Venture (Texas)
Nitro Petroleum Objectives
- Seek out and define opportunities that represent a low cost opportunity
- Expand development and exploration in the US
- Establish financial fundamentals
- Further our strategic partnerships for joint venture projects
- Macro economic objective: develop reserves for transition into a larger E&P Company
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