Profile: New Concept Energy Inc (GBR.A)
28 Aug 2015
New Concept Energy, Inc., incorporated on May 30, 1991, through its wholly owned subsidiaries Mountaineer State Energy, Inc. and Mountaineer State Operations, LLC, owns and operates oil and gas wells and mineral leases in Athens and Meigs Counties in Ohio and in Calhoun, Jackson and Roane Counties in West Virginia. As of December 31, 2014, the Company has 153 producing gas wells, 31 non-producing wells and related equipment and mineral leases covering around 20,000 acres. The Company operates through the two business segments: oil and gas operations segment and retirement facilities segment.
The Company also leases and operates Pacific Pointe Retirement Inn (Pacific Pointe) in King City, Oregon. Pacific Pointe, a retirement center, has a capacity of 114 residents and provides community living with basic services, such as meals, housekeeping, laundry, 24/7 staffing, transportation and social and recreational activities.
New Concept Energy Inc
1603 Lyndon B Johnson Fwy Ste 30
DALLAS TX 75234-6057