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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): July 15, 2013
| NEW WESTERN ENERGY CORPORATION |
| (Exact Name of Registrant as Specified in its Charter) |
Commission File Number: 0-54343
| Nevada | 26-3640580 |
|
(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 July 15, 2013, New Western Energy Corporation issued a press release announcing that it has completed drilling operations at its Anna #1 well site on its B&W Ranch Lease located in Chautauqua County, Kansas. The Anna #1 is the second well of a 3 well exploration and development program.
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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99.1 News Release dated July 15, 2013. |
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: July 16, 2013 | By: | /s/ Javan Khazali |
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Javan Khazali President & Chief Executive Officer | ||
Exhibit Index
| Exhibit No. | Description |
| 99.1 | News Release dated July 15, 2013. |
EXHIBIT 99.1
News Release dated July 15, 2013
New Western Energy Corporation Announces Completion of Drilling Operations at Its Anna #1 Drill Site
IRVINE, Jul 15, 2013 (GLOBE NEWSWIRE via COMTEX) -- New Western Energy Corp. (OTCBB:NWTR), an independent energy company engaged
in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced that
it has completed drilling operations at its Anna #1 well site on its B&W Ranch Lease located in Chautauqua County, Kansas.
The Anna #1 well was drilled to a total depth of 1,793 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 second well of a 3 well exploration and development program.
"We are delighted that we continue to encounter what looks to be a significant reservoir of producible coal gas beneath our B&W Ranch Lease. Through the drilling of the Anna #1 well, the coal gas reservoir we detected in the Magnus #1 well has been shown to extend to the south end of our acreage position. We will now commence the drilling of the last well of our three well drilling and evaluation program. With the drilling of the third well, we will further delineate and quantify the extent of the coal gas reservoir contained beneath the B&W Ranch Lease. This well will be drilled on the Northeast portion of our acreage position, allowing us to further evaluate the extent and quality of our coal gas reserves. If after the drilling and further testing of the three wells in our exploration and development program, the coal gas reserves prove to be of sufficient quality and quantity, New Western Energy Corporation will construct a two mile natural gas gathering pipeline to connect the B&W Ranch Lease to the local sales point for natural gas," said Javan Khazali, President and CEO of New Western Energy Corp.
About New Western Energy Corp.
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., 20 Truman, Suite 204 Irvine, CA 92620
| CONTACT: | Javan Khazali |
| (949) 435-0977 | |
| info@newwesternenergy.com | |