Posted On: 09/29/2014 9:10:34 AM
Post# of 42
New Western Energy is an oil and gas and mineral exploration and production company with current projects located in Oklahoma and Texas. Our principal business is in the acquisition, exploration and development of, and production from oil, gas and mineral properties. We are in the development stage with nominal revenues and a limited operating history.
Strategic Partnerships:
Royal Texan Energy Co. (wholly-owned subsidiary)
Petroleum Energy Management Co. (“PEMCO”)
Carroll Energy, LLC
Royal Texan Energy Co. (wholly-owned subsidiary)
New Western Energy acquired 100 percent of Royal Texan Energy Co. in January 2012
Petroleum Energy Management Co. (“PEMCO”)
PEMCO was formed in 2004 to work within the mid-continent marginal well market. PEMCO’s team is comprised of oil and gas industry veterans with 65-years of combined experience in petroleum geology and engineering, well stimulation, drilling, and oil recovery. PEMCO also works with its clients to manage day-to-day operations of leases, develop growth strategies, and evaluate potential acquisition opportunities. PEMCO manages the day-to-day operations at the Company’s leaseholds in Oklahoma.
Carroll Energy, LLC
Carroll Energy, LLC, Independence, Kansas, is a family-owned company with over 30 years of experience in the oil and gas industry led by Terry Carroll Sr. who has supervised and provided daily management and operations for numerous oil and gas companies, partnerships and private investors involved in the drilling and completing of thousands of wells, constructing, operating, and maintaining hundreds of miles of natural gas gathering pipeline, compression and dehydration facilities, cumulatively producing more than 15 BCF of gas and 750,000 BBLs of oil.
Oklahoma
Glass, Phillips, Jackson, Acro / Selby, Anna, Everett,
Kerrigan, Calvin / Jameson, Thomas, Winchester, Winchester II
Kansas
B&W Ranch, Fields, Smith,
Rinck, Farwell, Landers
Voulnteer
Pennsylvania
Wellsboro
Strategic Partnerships:
Royal Texan Energy Co. (wholly-owned subsidiary)
Petroleum Energy Management Co. (“PEMCO”)
Carroll Energy, LLC
Royal Texan Energy Co. (wholly-owned subsidiary)
New Western Energy acquired 100 percent of Royal Texan Energy Co. in January 2012
Petroleum Energy Management Co. (“PEMCO”)
PEMCO was formed in 2004 to work within the mid-continent marginal well market. PEMCO’s team is comprised of oil and gas industry veterans with 65-years of combined experience in petroleum geology and engineering, well stimulation, drilling, and oil recovery. PEMCO also works with its clients to manage day-to-day operations of leases, develop growth strategies, and evaluate potential acquisition opportunities. PEMCO manages the day-to-day operations at the Company’s leaseholds in Oklahoma.
Carroll Energy, LLC
Carroll Energy, LLC, Independence, Kansas, is a family-owned company with over 30 years of experience in the oil and gas industry led by Terry Carroll Sr. who has supervised and provided daily management and operations for numerous oil and gas companies, partnerships and private investors involved in the drilling and completing of thousands of wells, constructing, operating, and maintaining hundreds of miles of natural gas gathering pipeline, compression and dehydration facilities, cumulatively producing more than 15 BCF of gas and 750,000 BBLs of oil.
Oklahoma
Glass, Phillips, Jackson, Acro / Selby, Anna, Everett,
Kerrigan, Calvin / Jameson, Thomas, Winchester, Winchester II
Kansas
B&W Ranch, Fields, Smith,
Rinck, Farwell, Landers
Voulnteer
Pennsylvania
Wellsboro
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