New Western Energy Corporation is focused on acquiring land leases for properties in the United States that have shown favorable characteristics for the discovery of oil, natural gas and coal reserves, and entering into joint ventures to acquire assets in areas in the continental United States. The Company was founded in 2008 and is based in Irvine, Calif.
Our strategy creates value for our assets and shareholders through:
- • Further exploration of existing properties
- • Property portfolio management
- • Pursuit of strategic transactions
- • Maintenance of financial flexibility
- • Strategic alignment
New Western Energy’s oil and gas projects span 520 +/- acres with more than 30 re-work wells and 6 planned new wells operational and under development in Rogers and Nowata counties in Oklahoma. The Company also owns a 23-acre property in Tioga County, Penn., that is situated in the Marcellus Shale, and has shown favorable characteristics for the discovery of natural gas.
Management
The New Western Energy senior management team is comprised of highly trained professionals from different areas of expertise with a solid track record.
Partnerships
Founded in 1987, RC Oil Company, Inc. is an oil and gas development, production and operations company based in Owasso, Okla.
