East West Petroleum Corp V.EW

Alternate Symbol(s): EWPMF

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.

TSXV:EW - Post by User

East West Petroleum Corp

Bullboard Posts

Comment by carinthianon Feb 03, 2014 3:48am

203 Views

Post# 22164652

RE:NEED NEWS

99snakes wrote: Yes it sure is a good sign, they need to show the market what they are sitting on , i suspect after cancelation of shares good things will begin to happen ....GLTA the snake $$$

I prefer such action over a dividend payment as the fees and taxes for dividends are much higher (at least in my jusrisdiction) than those on capital gains. :-)

Btw: Anybody any idea why their Homepage is offline?

carinthian

Bullboard Posts

Let's Invest: Are you prepared for do-it-yourself investing?