New Century Energy Corporation (OTCBB: NCEY) announced that they have come upon a new oil discovery stemming from their current drilling program in McMullen County, Texas. The recent report indicates positive results and continued success regarding their newest oil completion in the San Miguel Creek Field. The Rabke-Maspero unit #4 well was recently completed at a depth of 5,500 feet and has been consistently flowing over the past week at rates in excess of 85 barrels of oil per day.

New Century’s CEO, Edward DeStefano commented on additional pipe reserves that are in production, “We own 100% of the working interest in this well through our subsidiary Gulf Coast Oil Corporation. In addition to this completion in the Wright Sand, we have also identified probable behind pipe reserves in this well that will be production tested after the current completion depletes. The production facility is built and

Some companies just have all the luck. They work to find what they know could be a lucrative product, and find it. Then, to top off the find, the product’s value shoots through the roof just as the company’s efforts hit their production stride. Timing and luck - there is little one can do to predict it, but when the two get together there’s a solid payday on the way.

New Century Energy Corp., an oil and gas exploration and development company, works to explore and develop oil and gas properties in Texas. The company currently owns over 20,000 acres of oil producing properties and is working to increase its holdings through 2008. Where many smaller oil and gas exploration companies are looking to recapture or find new sources of oil and gas, New Century Energy is producing oil and gas with positive revenue results.

In the first quarter of 2008, the