NWTR New Western Energy Corp. to Commence Drilling Three New Wells on Its Winchester/Thomas Lease
GlobeNewswire - Thu Jun 26, 9:56AM CDT
New Western Energy Corp. (OTCQB:NWTR), an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced its intention to commence drilling three new development locations on its Winchester/Thomas lease located in Oklahoma. Currently the lease is developed with a number of shut-in Coal Bed Methane (CBM) and conventional gas wells, along with a five well EOR (Enhanced Oil Recovery) project for the production of oil from the Burgess Formation. The Company intends to expand the EOR project by adding three additional wells to the five spot pattern currently in production.
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