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Nitro Petroleum Gets Working Interest In Oklahoma Well

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December 19, 2013

Nitro Petroleum Inc. (OTC: NTRO) attained a working interest in a Lincoln County, Okla., well on Dec. 19. The Elmo #2 well, located in the Osage-Layton Sand field, will be spudded Jan. 8, the company said.

It is a shallow-venture well whose proposed drilling depth is 3,600 feet. Elmo #2’s  production will begin in Section 8-T16N-R2E of Osage-Layton. 

The Osage-Layton field already has offset production 40 acres northwest of Elmo #2’s proposed section, the company said. This acreage’s offset production is over $2 million in just eight months, the company ...

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