MATRIX Penny Stocks

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$NWTR 840% increased Revenue!!! Huuuuuuuuuuge and sick earnings news!!! Also, $NWTR Drilling News ~ New Western Energy Corp. to Commence Drilling Three New Wells on Its Winchester/Thomas Lease

http://finance.yahoo.com/news/western-energy-corp-commence-drilling-133000015.html

IRVINE, Calif., June 26, 2014 (GLOBE NEWSWIRE) -- New Western Energy Corp. (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.

New Western intends to spud the first well in the program in mid-July, 2014 with the intent of having all three of the locations drilled and on production before the end of July 2014. Initial production from each well is expected to triple production from the current 5 BOPD and create additional PUD (Proven un-Developed) locations on the project.

Javan Khazali, President of New Western stated: "We are pleased to begin the development phase of our Winchester/Thomas asset. With over 1200 acres in this leasehold, we expect significant development potential for the oil reserves, while at the same time exploiting the already existing gas reserves, which are currently shut-in. With the entire infrastructure already in place on the lease, we expect to build a strong production and cash flow base from this asset."