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Newcastle Energy Corporation (NGY.H) - Oil & Gas - Deals and Alliances...
Summary Newcastle Energy Corporation (NEC), formerly Derek Oil & Gas Corporation is an oil and gas company that acquires, explores, and develops oil and gas properties. The company holds interest in the LAK Ranch Project, located near Newcastle, Wyoming. Its other projects include Fall River and Minnelusa formation. NEC uses oil recovery techniques to develop new production from reservoirs containing quantities of oil. The company conducts 3-D seismic survey. It produces over 20,000 barrels of ...
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