Note 1 - Interim Reporting

3 Months Ended

Apr. 30, 2013

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note 1     Interim Reporting

The accompanying financial statements of Nitro Petroleum Incorporated (the “Company”) have not been audited by independent public accountants.  In the opinion of management, the accompanying financial statements reflect all adjustments necessary to present fairly our financial position at April 30, 2013 and our income and cash flows for the three months ended April 30, 2013. All such adjustments are of a normal recurring nature.  In preparing the accompanying financial statements, management has made certain estimates and assumptions that affect reported amounts in the financial statements and disclosures of contingencies.  Actual results may differ from those estimates.  The results for interim periods are not necessarily indicative of annual results.

Certain disclosures have been condensed or omitted from these financial statements.  Accordingly, these financial statements should be read with the financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended January 31, 2013.