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NTRO Nitro Petroleum, Inc. Completes Nancy Hubbard Well: Oklahoma

Nitro Petroleum, Inc. reports today the completion of the Re Work on the Nancy Hubbard was completed and the Well is now in production. The well was put on line October 30th. 2008. The well is already producing Oil but has to pump out all the Fluids (Frac-water) before increasing the Oil cut. This project is a 4 Well program and has one Water Disposal Well on the property. The next wells to perform a Major re-work on will be the Krouch 1 test and frac the 1st Wilcox payzone. The Walker well will be fraced into the Hunton Limestone formation. These wells are 7000 feet in depth. Nitro will report Oil production shortly on the Nancy Hubbard once we have recovered our frac-water.

Nitro Petroleum, Inc. will keep its shareholders updated on events as they unfold.

About Nitro Petroleum, Inc.

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.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. We do not intend to, and undertake no duty to, update any such forward looking statements to reflect the impact of circumstances or events that arise after the date such forward looking statements were made.