New Western Energy Corp. (NWTR) is “One to Watch”
New Western Energy continues piecing together an extremely solid portfolio of working interests across the rich hydrocarbon targets of the Gulf States region, with noted small-cap research firm, Zacks Equity Research, even bumping the price target ten cents recently (Dec 21) to $1.40 on the company’s strong market cap to reserves ratio among others things, especially in light of the new Fields Lease acquisition in Kansas (Dec 20). The 300-acre Fields Lease (100% WI) has expanded an already firm, contiguous foundation in the Chautauqua Arch area held by the company via their 1.7k-acre B&W Ranch (90% WI, acquired in March…