NEW YORK and IRVINE, Calif., Oct. 10, 2012 (GLOBE NEWSWIRE) -- New Western Energy Corp. (OTCBB:NWTR), an independent energy company engaged in the acquisition, exploration, development and production of oil, gas and minerals primarily in North America, announced today that it has retained CorProminence, LLC, a leading investor relations and strategic advisory firm to assist the Company with investor relations and shareholder communications. CorProminence will focus on expanding market awareness for New Western, conveying the Company's key messages to the institutional and retail investment communities. CorProminence, LLC, a boutique investor relations firm, specializes in leveraging the most effective investment, growth and exposure strategies for small to mid-sized companies through an integrated approach to relationship development and corporate communications.
"CorProminence has the right blend of deeply established relationships among the institutional and retail investment communities for our needs," said Javan Khazali, President of New Western Energy Corp. "Their proactive, strategic approach will significantly enhance our communications outreach in effectively communicating our business model and growth strategy as well as raise awareness of NWTR within the investment communities," he continued.
"New Western Energy is at the right stage in their development to fully capitalize on our specialized approach to gaining traction within the investment communities we reach. We are delighted to have been chosen to drive their market awareness and look forward to exceptional results," commented Scott Gordon, President of CorProminence. He continued, "We are perfectly positioned to leverage our resources to achieve high impact visibility for New Western."
About CorProminence, LLC
Headquartered in Garden City, New York, CorProminence, LLC is comprised of senior market and practice leaders with expertise in Institutional and Retail investor relations and integrated corporate communications. CorProminence provides proprietary integrated Investor and Public Relations Solutions that yield the greatest exposure for small to mid-sized companies. For more information please visit www.corprominence.com.
About New Western Energy Corp.
New Western Energy Corp. is an independent energy company engaged in the acquisition, exploration development and production of oil, gas and minerals primarily in North America. To learn more about the Company, visit: http://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 email@example.comSource:New Western Energy Corp.