StockEgg Featured Company: New Century Energy Corp. (NCEY.OB) First Quarter Revenue up 100% based on Sub-$100 Oil
QualityStocks (June 6th, 2008) Writes:
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
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