By Zacks Small Cap ResearchDecember 24, 2013 7:00 AM By Ian Gilson, PhD, CFA New Western Energy (NWTR) has reported that reworking and upgrading field equipment has increased oil production on the Winchester II lease in Oklahoma and on the Volunteer and Landers leases in Kansas. The Winchester II lease has increased production by 50% [...]read more
NWTR: New Western Energy Corp. Updates on Production Increase on Winchester II, Volunteer and Lander Leases
IRVINE, Calif., Dec. 20, 2013 (GLOBE NEWSWIRE) — New Western Energy Corporation (NWTR) an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, is pleased to announce an increase in the oil production rates on its recently acquired Winchester II Lease in Rogers County, [...]read more
NWTR: Working on a third well on the B&W Ranch Lease after the Anna #1 showed positive gas pressure.
By Ian Gilson, PhD, CFA New Western Energy Corporation’s (NWTR) Anna #1 well was drilled to 1,793 ft. and the presence of coal gas was confirmed. Structures similar to those found whilst drilling Magnus #1 encountered several zones in the Mississippi Dolomite formation that held coal gas in sufficient quantities to be produced at a profit. The two wells suggest [...]read more
NWTR: New Western Energy Corporation Announces Completion of Drilling Operations at Its Anna #1 Drill Site
IRVINE, Calif., July 15, 2013 (GLOBE NEWSWIRE) — New Western Energy Corp. (NWTR), an independent energy companyengaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced that it has completed drilling operations at its Anna #1 well site on its B&W Ranch Lease located in Chautauqua County, Kansas. The [...]read more
HAMMOND, La., Jan. 17, 2013 /PRNewswire/ – Lighthouse Petroleum, Inc. (LHPT) is pleased to announce it has advanced on its commitment to explore for oil in the Tuscaloosa Marine Shale. The initial investment in this Shale by Lighthouse was in 2012, and management of Lighthouse has made the decision to increase its investment going forward in [...]read more