Posted On: 11/05/2013 10:05:34 AM
Post# of 6705
NWTR is drilling for that black gold! Kansas Tea!
New Western Energy Corp. (OTCBB:NWTR), an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced that it has filed an intent to drill the Anna #1 well on its B&W Ranch Lease located in Chautauqua County, Kansas. The Anna #1 well is scheduled to be drilled to approximately 1,900 ft., a depth sufficient to test the Mississippi Dolomite formation. Drilling is to commence later this month and is the second well of a 3 well exploration and development program.
"We are excited to commence our drilling operations in this highly prospective area which has been known to contain multiple productive oil and gas pay zones. This second well will be drilled with an Air Rig so that we can better evaluate and quantify the coal gas formations that were encountered through drilling operations of the Magnus #1 well, the first well drilled in our three well drilling program on the B&W Ranch. We look forward to exciting developments as our exploration and development program unfolds," said Javan Khazali, President and CEO of New Western Energy Corp.
New Western Energy Corp. (OTCBB:NWTR), an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced that it has filed an intent to drill the Anna #1 well on its B&W Ranch Lease located in Chautauqua County, Kansas. The Anna #1 well is scheduled to be drilled to approximately 1,900 ft., a depth sufficient to test the Mississippi Dolomite formation. Drilling is to commence later this month and is the second well of a 3 well exploration and development program.
"We are excited to commence our drilling operations in this highly prospective area which has been known to contain multiple productive oil and gas pay zones. This second well will be drilled with an Air Rig so that we can better evaluate and quantify the coal gas formations that were encountered through drilling operations of the Magnus #1 well, the first well drilled in our three well drilling program on the B&W Ranch. We look forward to exciting developments as our exploration and development program unfolds," said Javan Khazali, President and CEO of New Western Energy Corp.
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