NEW CONCEPT ENERGY INC Action

New Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc.