New Western Energy Corp. has signed an agreement with Carroll Energy, LLC, a Kansas based company with over 30 years of experience in the Oil & Gas sector.

Carroll Energy's initial focus will be to prepare engineering, reserves and geological reports on the Company's 1,700-acre B&W Ranch Oil & Gas lease, which is the Company's largest leasehold to date, and has the potential for numerous oil and gas discoveries.

The studies will include but are not limited to: recovery and reserves analysis, geological evaluations, reservoir mapping, historical production analysis, and log interpretations. Further, the studies will give recommendations on the proposed budgets, address environmental concerns, provide safety guidelines and layout preliminary drilling programs and prepare production schedule.

Tags: New Western Energy Corp.