The B&W is located in the Chautauqua Arch and the reservoir rock on the B&W Oil and Gas Lease is comprised of the Weiser Sands and some Wayside.

The depth of the reservoir is approximately 600-800ft and the company plans to exploit the Mulky Shale gas and Weiser oil.

New Western Energy Corp president Javan Khazali said the B&W Ranch Lease is located in a region of Kansas that is known for historical production.

"The 1,700-acre property is the Company’s largest leasehold to date, and has the potential for numerous oil and gas discoveries," said Khazali.

"We are in the process of evaluating several engineering firms to help us identify the best pay zones on the property, and expect to update our shareholders on our progress in the coming months."