Beacon Equity Research Featured Company: MegaWest Energy Corporation (MGWSF.OB)
MegaWest Energy Corporation (MGWSF.OB) is an oil and gas company with a non-conventional focusing. The company specializes in acquisitions, exploration and development of large North American heavy oil projects slated for early production. In its endeavors, MegaWest has already acquired majority interests in five projects that total approximately 105,000 acres in Missouri, Kansas, Kentucky, Texas and Montana. MegaWest has raised approximately $34 million for its current development programs and has initiated exploration drilling programs in Missouri, Kansas, Kentucky, Texas and Montana. The demand for large scale industrial growth and technological development is increasing the need for energy resources such as…
