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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 mirage2014on Jul 22, 2018 8:19am
76 Views
Post# 28349816

RE:Marijuana stocks are smokin'

RE:Marijuana stocks are smokin'Based on your analysis/assumptions, whatever our current $ holdings is of EW, we could potentially be holding 12X that $ number if the multiple (50X in this case) which is awarded to others in this sector, is given to Juva. Correct me if I'm wrong, but your analysis doesn't even take into consideration what our NEWCO holdings would be worth....correct? Just as an aside, I believe NEWCO will be sold at some point in time, which could be sooner that later if the price is right from both NIS, and possibly even TAG. I believe Sidoo will want a Cannibis only Company....keep it focused, and drive this Company to be a leader in this REDHOT sector.
Bullboard Posts