New Western Energy Corp (OTC:NWTR) Plans to Grow with New Subsidiary

Las Vegas, NV -- (SBWIRE) -- 02/20/2013 -- New Western Energy Corp (OTC:NWTR) has recently declared establishment of its new wholly owned subsidiary called NWE Technologies Inc. The new subsidiary will be dedicated to research, development, acquisition and licencing of Next Generation Enhanced Oil Recovery Technologies.

New Western Energy Corporation has opened new wholly owned subsidiaries to expand operations and extract more oil. The EOR technology used in NEW Technologies will enhance revenues and will increase the amount of domestic oil recovered.

WOS is expected to increase recovered oil up to 67-137 billion barrels, and will offer storage for 20-45 billion metric tons of CO2. This carbon dioxide will otherwise be released into atmosphere.

New Western Energy Corporation is American oil exploration and production firm that primarily operates in North American oil fields. Company acquires, explores and manufactures oil, gas and minerals. About 1,495,757 barrels of oil reserves are estimated to be under New Western Energy operations control.

To find out what OTCMAGIC projects for New Western Energy Corp for both short term and long term please click here: NWTR

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