New Western Energy acquired two oil and gas leases encompassing 600 acres in Wilson County, Kansas, which have a combined production of 7.5 BOPD. The first lease consists of 440 acres with 14 existing oil wells and three water injection wells that currently produce at the rate of 5 BOPD. The second lease consists of approximately 160 acres with three existing oil wells that currently produce at the rate of 2.5 BOPD.
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