Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/new-western-establishes-subsidiary-to-be-operator-.shtmlNew Western establishes subsidiary to be operator on its existing 9 Kansas leases
New Western Energy Corp. has established New Western Operating LLC, a wholly-owned subsidiary, which
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New Western Energy Corp. has established New Western Operating LLC, a wholly-owned subsidiary, which enables New Western Energy to become its own operator of all of its 9 Kansas leases, including its B&W Ranch, Fields, Smith, Rinck, Farwell, Landers and Volunteer leases in Chautauqua and Wilson Counties, comprising 4740 acres.
"Establishing our own operating company allows us to lower and better control our costs and streamline our operations in Kansas as we further develop our producing oil and gas leases in the area," said Javan Khazali, President and CEO of New Western Energy Corporation. "We are pleased to continue our efforts to drive our strategic vision through prudent management and execution," he added.
