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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
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(31)
•••
Post by mirage2014on Feb 12, 2018 5:13pm
73 Views
Post# 27547302

My bad....

My bad....I left out a key word in my last post........trading at a 52 week "LOW".

The street/investors is now giving no consideration/premium for Romania, as I BELIEVE the street/investors has discounted this passive management TEAM???...one that can't even update the website, and has no one that answers the phone......."Thank you for calling East West, how may I help you? Instead investors think they've called AAL.....what a joke.

IMO, Sidoo should sell the company to an entity that will grow the business and create shareholder value, answer the phone East West, and update the fricken joke of a website. I can't understand how anyone at EW can justify their salary, and they're making good money...for what?

BTW, at least EW is actually generating sales....take a look at, Sidoo's other ventures/sales which are trading over 10X higher than EW.....LOL.

Just to reiterate, this is all my humble opinion. Does anyone else share this opinion, or am I off base?
Bullboard Posts
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