New Western Energy Corp. (NWTR) Reports on Texas Oil and Gas Operations
New Western Energy recently issued an update on its oil and gas exploration and development activities in Texas. The company announced the commencement of a workover development program on four wells located at the Trice Lease in Shackelford County, Texas. New Western Energy said that the workover program will focus on wells number one, three, sixteen, and eighteen, and involve running electricity and replacing pumps and other equipment. New Western Energy acquired its interest in the Trice Lease through a recent acquisition of an oil and gas company. The Trice lease is comprised of 580 acres and has 24 oil…