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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Oil and gas sales $ 14,823 $ 110,734 $ 59,349 $ 182,122
Operating expenses        
Depreciation, depletion and amortization 4,185 29,722 8,339 57,881
General and administrative 384,416 $ 401,915 814,860 $ 1,081,811
Impairment expense $ 9,952   19,904  
Loss on sale of oil leases     33,886  
Oil and gas production $ 21,372 $ 89,944 69,443 $ 367,431
Total operating expenses 419,925 521,581 946,432 1,507,123
Loss from operations (405,102) (410,847) (887,083) (1,325,001)
Other income (expenses)        
Interest expense $ (213,605) $ (667,130) (328,624) $ (1,379,757)
Gain on settlement of debt     28,690  
Change in fair value of embedded conversion option and warrant liability income (expense) $ 208,935 $ 594,835 143,351 $ 826,439
Other income     10,000  
Total other income (expenses) $ (4,670) $ (72,295) (146,583) $ (553,318)
Loss from operations before income tax $ (409,772) $ (483,142) $ (1,033,666) $ (1,878,319)
Provision for income tax        
Net loss $ (409,772) $ (483,142) $ (1,033,666) $ (1,878,319)
Preferred stock dividend (20,608) (2,378) (37,960) (2,378)
Net loss applicable to common stock before allocation to noncontrolling interest (430,380) (485,520) (1,071,626) (1,880,697)
Net loss applicable to noncontrolling interest in consolidated subsidiaries (30,627) (40,725) (87,527) (129,498)
Net loss applicable to New Western Energy Corporation common stock $ (399,753) $ (444,795) $ (984,099) $ (1,751,199)
Basic and diluted net loss per share applicable to New Western Energy Corporation's common stock $ (0.01) $ (0.01) $ (0.01) $ (0.03)
Weighted average number of shares outstanding - Basic and Diluted 75,887,416 73,429,964 75,942,224 73,051,948