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

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Comment by mirage2014on Feb 23, 2018 3:59pm

60 Views

Post# 27611849

RE:Bid (almost no one any more) - Ask

You're right, emile. Sellers in the USA are stacked up on the ask, and dropping under the ask to sell their out their positions. It appears many have given up on, EW/Sidoo even though Brent crude is moving higher and Romania is moving forward. IMO, Investors are discouraged due to the passive management team in place....sad. The only information we get, other than the one Taylor update, is from shareholders that get info from the NIS website.....IMO, thats inexcuseable. IMO, the key words to explain this are lithium and blockchain.

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