Exploration & Production
New Western Wraps Drilling at MissLime Well
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New Western Energy Corp. has completed drilling operations at its Magnus #1 well site on its B&W Ranch Lease located in Chautauqua County, Kansas.
The Magnus #1 well was drilled to a total depth of 1,956 ft., a depth sufficient to test oil and gas bearing structures through the Mississippi Dolomite formation. Through open hole log analysis, the well shows that it encountered several coal gas bearing formations which are known to be commercially producible in the area. This is the first well of a 3 well exploration and development program.
Javan Khazali, President and CEO of New Western Energy Corp., commented: "We are delighted to have encountered what looks to be a significant reservoir of producible coal gas in the Magnus #1 well. We will now commence the drilling of the Anna #1 well…
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