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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

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

Bullboard Posts
Comment by GoldenOrbon Apr 22, 2018 11:55am
93 Views
Post# 27923293

RE:RE:I have a question for the EW Working Group members.

RE:RE:I have a question for the EW Working Group members.I agree with emile in that NIS & TAG are the seniors in these two JVs.  In many ways I agree with equity dot guru's Greg Nolan that (although a very long in the tooth sleeper) EW's silence in some ways will present the solid launch pad for a major PPS increase once our senior JV partners start producing commercial results, & I mean Romania specifically.  I too like emile rest on the logic that our hard earned patience is at a focal point with a slew of probable > big hits > in the several concessions in western Romania.  NIS just needs a field of wells to support the infrastructure, yet in place.  If NIS trikes oil/gas in all seven wells this stock (with all the pent-up pressure)
FLY >> a possible 50 bagger or better.  Man, 2018 is definitely the year EW's prospects are set to soar.  GLTA


Bullboard Posts