Stimulation technique jobs at Nitro Petroleum

Company: Nitro Petroleum (View Profile)
Location: Houston ,United States ,
Job Category: Technician
 
Job Description

Remember, NTRO is still less than $0.02 cents!!! Last sale $0.0171!!! ntro-ob To show you how important frac jobs are to an oil companys revenue. Ive put together some deatails on how fraccing had impacted the oil industry.

A Frac job is a Stimulation technique used to encourage Hydrocarbons to flow from the reservoir rocks.

Hydrocarbons are located in the spaces between pores of reservoir rock. Production is achieved when these pore spaces are connected and permeability, or the ability to transmit fluids, is such that the hydrocarbons flow out of the rock and into the well.

Hydraulic fracture stimulation is commonly applied to wells drilled in low permeability reservoirs. As estimated 90% of the natural gas wells in the U.S. rely on hydraulic fracturing to produce natural gas at economic rates.

Nitro is in the process of reworking numerous existing wells that have experienced a reduced flow, as each existing well increases its productivity, it should add to the companys bottom line, as each barrel of oil acquired from a single well increases the profitability of that well.

For example 5 extra barrels a day 7 days a week at lets say $50.00 a barrel would produce a profit to the owner of the well of $1,750. times 4 or $7,000 a month from one well.

Now you can see why we are watching this company, suppose they have 25 wells with this same increase in production that could be $175,000 a month! Or over a year $2,100,000, what would that do to their stock value? NTRO chart has been taking steady gains since Feb 2010 Continue your research at www.nitropetroleuminc.com THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEWallStreet publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEWallStreet.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.Crown Equity Holdings, Inc. (CRWE.OB) has received fifteen thousand dollars in cash from a third party for 15 days of media advertisement services for Nitro Petroleum, Inc. (NTRO.OB).