Posted: Jan 13, 2011

J-W Energy Company is pleased to announce that J-W Operating Company and its subsidiary companies are restructuring in order to better reflect their respective business functions.  Henceforth, J-W Energy Company will be the parent company and Cohort Energy Company will ultimately be merged with J-W Operating Company, as an exploration and production organization with substantial operations in a number of states.

"This restructuring will better encompass the companies' respective scope of services and strengthen each company's identity in its segment of the multi-faceted energy industry. We believe strongly that the name J-W Energy Company will better reflect our current business activities," commented Gene Gradick, President, J-W Energy Company.

A new logo will reflect the new structure, but no management changes are planned to be made.  The names of the other existing subsidiary companies, J-W Power Company, J-W Measurement Company, J-W Wireline Company, J-W Manufacturing Company and J-W Gathering Company, will not be changed.

"The parent company has been known as J-W Operating Company since its founding in 1960.  This change is an important milestone in the evolution of the J-W family of companies.  As our companies continue to grow it is important for us to adapt, and I believe this change and our business unit structure will allow us to do so" stated H.G. Westerman., J-W Energy Company's Chairman and Chief Executive Officer.

J-W Operating Company, a wholly-owned subsidiary of J-W Energy Company, is a domestically-oriented exploration and production company with most of its activities in the Ark-La-Tex, East Texas, North Texas, Rocky Mountains, Appalachian and Gulf Coast regions.  The company is continually in search of high-quality multi-well prospects.

J-W Energy Company is an energy services and energy development company with seven distinct business units that specialize in natural gas compression, gas measurement, gas gathering and processing, cased-hole wireline services, exploration and production and oilfield equipment manufacturing.  Services are offered to the oil and gas industry in the states of Texas, Louisiana, Oklahoma, Arkansas, New Mexico, Kansas, Colorado, Utah, Wyoming, California, Montana, North Dakota, Kentucky, West Virginia, Ohio, Pennsylvania, and New York.

FOR MORE INFORMATION:

John A. Daniels
Business Development Manager
J-W Energy Company
972-233-8191
jdaniels@jwenergy.com