International Western Petroleum Acquired New Assets in the Fort Worth Basin Region of Texas

IRVING, Texas,, Feb. 06, 2018 (GLOBE NEWSWIRE) — International Western Petroleum, Inc. (OTCQB: INWP), a Texas-based E&P company (“the Company”) in the acquisition, development, and exploration of crude oil and natural gas properties, announced today that it has acquired a new oil and gas producing properties in Jack County and Palo Pinto County in Texas. The Company paid $1.6 million in cash for 11 oil and gas leases totaling 18 wells, with combined acreage of 2,790.9 acres. These Oil and Gas Lease’s have existing production and the Company plans to invest additional funds into oil and gas production.