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UNITED STATES SECURITIES AND EXCHANGE COMMISSION |
| Washington D.C., 20549 |
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 28, 2014
| NEW WESTERN ENERGY CORPORATION |
| (Exact Name of Registrant as Specified in its Charter) |
Commission File Number: 0-54343
| Nevada | 26-3640580 |
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(State or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
| 1140 Spectrum, Irvine, CA 92618 |
| (Address of Principal Executive Offices, Including Zip Code) |
| (949) 435-0977 |
| (Registrant's Telephone Number, Including Area Code) |
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [_] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [_] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12) |
| [_] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b)) |
| [_] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c)) |
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Information included in this Form 8-K may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This information may involve known and unknown risks, uncertainties and other factors which may cause New Western Energy Corporation’s (“NWE”) actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe NWE’s future plans, strategies and expectations, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that any projections or other expectations included in any forward-looking statements will come to pass. NWE’s actual results could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, NWE undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.
Section 7- Regulation FD
Item 7.01 Regulation FD Disclosure
On May 28, 2014, New Western Energy Corporation (OTCBB:NWTR) issued a press release announcing the formation of New Western Operating LLC, a wholly-owned subsidiary, that will take over all operational duties for its leases and oil and gas exploration, drilling and production in the state of Kansas.
A copy of the news release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
This disclosure does not constitute an offer to sell, or the solicitation to buy, any such security.
Section 9- Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
| (c) | Exhibits. | |
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Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.
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New Western Energy Corporation
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| Date: May 28, 2014 | By: | /s/ Javan Khazali |
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Javan Khazali President & Chief Executive Officer | ||
Exhibit Index
| Exhibit No. | Description |
| 99.1 | News Release dated May 28, 2014. |
EXHIBIT 99.1
News Release dated May 28, 2014
New Western Energy Corp., Establishes New Western Operating LLC As Its Own Operator on Its Existing 9 Kansas Leases
IRVINE, Calif., May 28, 2014 (GLOBE NEWSWIRE) -- New Western Energy Corp. (OTCQB:NWTR), an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America today announced it 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.
About New Western Energy Corporation
New Western Energy Corp. is an independent energy company engaged in the acquisition, development, production, and exploration of oil, gas and minerals primarily in North America. To learn more about the Company, visit: www.newwesternenergy.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated production. Actual results could differ from those projected in any forward-looking statements due to numerous factors including, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as "probable," "possible," "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our Annual Report on Form 10-K and our other filings with the SEC at www.sec.gov or from us at New Western Energy Corp., 1140 Spectrum, Irvine, CA 92618.
Company Contact:
Javan Khazali (949) 435-0977
info@newwesternenergy.com
Investor Relations Contact:
Scott Gordon, President
CorProminence LLC
377 Oak Street
Concourse 2
Garden City, NY 11530
516 222 2560
scottg@corprominence.com
www.corprominence.com