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Bullboard - Stock Discussion Forum
East West Petroleum Corp
EWPMF
Primary Symbol:
V.EW
Energy
Oil & Gas E&P
East West Petroleum Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration, development and production from certain of its oil and gas properties. Its portfolio consists of interests in exploration concessions in New Zealand and Romania and producing properties in the Taranaki Basin, New Zealand. In New Zealand, it holds a 30% working interest in the...
Petroleum Exploration Permit (PEP) 54877 and the Petroleum Mining Permit PMP 60291 (Cheal East). PMP 60291 is the location of the Cheal E-Site and the Cheal E-site production facility as well as the Cheal-E wells. The oil and gas production comes from over five wells on the Cheal-E site, the Cheal-E1, E2, E5, E6 and E8 wells. It also has interests in over four blocks, Tria (EX-2), Balle Felix (EX-3), Periam (EX-7) and Biled (EX-8), which covers a total of approximately 4,079 square kilometers (1,007,500 acres) and are located in western Romania on the eastern margin of the producing Pannonian Basin.
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Bullboard (TSXV:EW)
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Shredar1956
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Comment by
Shredar1956
on Mar 05, 2021 11:29am
RE:Can they be shopping for a buyer?
Doubt that any oil company wants replace EW and be subject to the whims of NIS. It is more likely that NIS, because of their resources, declared the well commercial, fully knowing its not, so
...more
(7)
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jimwatsonnc
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Comment by
jimwatsonnc
on Mar 03, 2021 10:38am
RE:RE:RE:Trumps speech.
I do expect the price of oil and gas to be rising. main reason is underinvestment in exploration due to period of low prices. Also, the high level of bankruptcies due to past
...more
(7)
•••
jimwatsonnc
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Comment by
jimwatsonnc
on Mar 03, 2021 10:27am
RE:RE:East West Q3 2020 Quarterly Results Summary + MD&A Highlight
Basically what we are now is a tiny spac with a small amount of oil well income. Looks to me like endgame for Romania unless they can do a secondary.
(2)
•••
LaneFreeman
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Comment by
LaneFreeman
on Mar 02, 2021 10:25pm
RE:RE:Trumps speech.
Trump's an idiot. -- Most of what he says is either made up out of thin air, or is an out and out lie. Talk of $6-$7 gas is nothing but a scare tactic, and has no basis in reality.
...more
(7)
•••
jimwatsonnc
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Comment by
jimwatsonnc
on Mar 02, 2021 12:07pm
RE:East West Q3 2020 Quarterly Results Summary + MD&A Highlight
Well, here we are at last. Looks like our pockets are not deep enough to meet out commitments on one block, let alone the rest. Looks to me like the Romania dream is out. We
...more
(23)
•••
rossivan
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Comment by
rossivan
on Mar 01, 2021 10:12pm
RE:Trumps speech.
On your comment of oil and gas rising, completely concur with you. People around the world are going gaga over green energy solutions but we have witnessed first hand that these do not work in cold
...more
(21)
•••
Steve12141214
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Post by
Steve12141214
on Mar 01, 2021 7:01pm
Trumps speech.
Anyone watch Trumps speech last night? He mentioned $6-7 gas at the pumps due to Biden. He mentions the US losing being the # 1 oil or gas producer because of Biden. he mentions how
...more
(21)
•••
Steve12141214
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Post by
Steve12141214
on Mar 01, 2021 6:48pm
Can they be shopping for a buyer?
any chance EW is just buying time by saying ex-7 is not commercial while they shop around and look for someone to buy them out? NIS claims it's commercial, doesn't that give EW
...more
(128)
•••
Roddiggiti
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Post by
Roddiggiti
on Feb 28, 2021 1:23pm
East West Q3 2020 Quarterly Results Summary + MD&A Highlight
Symbol: EW.V (Canada) & EWPMF(USA) Current Price: $0.06CAD & $0.048USD Shares Outstanding: 89,585,665 Most Recent Financials (Ending December 31st 2020) Financials ASSETS Cash: $5,877,142 –
...more
(7)
•••
EarningsPWorrel
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Comment by
EarningsPWorrel
on Feb 26, 2021 1:38pm
RE:RE:East West Petroleum Provides Operational Update for Romania
plan B should involve dividends, be it one time payouts or a sustained .005(aprox10%) annual dividend to drive a higher SP which in turn increases flexibility going forward
(3)
•••
RHertig
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Comment by
RHertig
on Feb 26, 2021 1:35pm
RE:RE:East West Petroleum Provides Operational Update for Romania
If it's profitable for NIS they should at least work out a royalty for our 15% I can't see just letting them take it.
(1)
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Shredar1956
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Comment by
Shredar1956
on Feb 26, 2021 1:35pm
RE:RE:East West Petroleum Provides Operational Update for Romania
Walking away makes no sense...Just allow NIS to steal all the oil and gas on EW licensed properties? They have to take some action if developing on an "exclusive basis" means no
...more
(128)
•••
Roddiggiti
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Comment by
Roddiggiti
on Feb 26, 2021 9:06am
RE:East West Petroleum Provides Operational Update for Romania
NIS has been working with East West on this project for almost a decade and very little progress has ever been made. To be honest, I don't think they're a very competent partner, despite NIS
...more
(23)
•••
rossivan
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Post by
rossivan
on Feb 26, 2021 8:58am
East West Petroleum Provides Operational Update for Romania
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2021) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide the
...more
(128)
•••
Roddiggiti
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Post by
Roddiggiti
on Feb 26, 2021 8:56am
East West Petroleum Provides Operational Update for Romania
East West Petroleum Provides Operational Update for Romania 2021-02-26 06:31 MT - News Release Vancouver, British Columbia--(Newsfile Corp. - February 26, 2021) - East West Petroleum Corp
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