New Western Energy Corp. (OTCBB: NWTR) has engaged Carroll Energy to conduct engineering, reserves and geological reports on the company’s newly acquired Winchester and Thomas Leases in Rogers County, Okla.
According to the release, the two leases are contiguous. Over 950 acres with 20 wells and two water injection wells have 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 ...