This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
NWTR: The appointment of a manager of Oklahoma & Kansas operations is a prelude to oil and gas production.January 14, 2013 | Comments : 0 Recommended this article: (0)
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at email@example.com or call 800-767-3771 ext. 9339.
NWTR: The appointment of a manager of Oklahoma & Kansas operations is a prelude to oil and gas production.
By Ian Gilson, CFA
New Western Energy (OTC BB:(NWTR)) has appointed Mr. Richard Coody, an oil industry veteran, as manager of its Oklahoma (1780 acres, 127 old wells) and Kansas (2550 acres no wells listed) operations. Mr. Coody has over 25 years of experience in oil/gas well operations.
This appointment is an important step in evaluating the existing wells for remediation and production and where to drill new wells.
We would anticipate some production from this acreage in late 2013 and significant production in 2014.
For additional research on small-cap stocks, please visit scr.zacks.com.
To become a subscriber to Zacks SCR and receive SCR blogs and research reports emailed directly to your inbox, please visit our Subscribe page.
Please login to Zacks.com or register to post a comment.