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Nitro Petroleum, Inc. Purchases Buccaneer Energy Corp. Oil Assets
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OKLAHOMA CITY, OKLAHOMA--(Marketwire - Feb. 29, 2008) - Nitro
Petroleum, Inc. (OTCBB:NTRO) -
Nitro is please to announce they have completed the purchase of
Buccaneer Energy Corp. oil assets. Over 80% of these wells are part
of the HoCo purchase. This provides Nitro with between 95% to 100%
ownership by acquiring Buccaneer Energy Corp. along with the infield
drilling site and the rework programs on our existing production.
To implement the purchase of Buccaneer's interest, Nitro...
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