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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 Jul 22, 2018 11:45am
46 Views
Post# 28350077

RE:RE:Marijuana stocks are smokin'

RE:RE:Marijuana stocks are smokin'       To me  X12 is the low end considering this Red Hot Industry, proven annual gross & highly experienced management team!  This could jump 100X with the high-end quality CEO - Doug Chloupek/Executive staff JUVA boasts.   I hope the PP is open to current shareholders of EW/NEWCO, I would be very interested in buying.  The deal makers may have the 22 million sown up??

      Also TAG isn't interested in a take over , not even for EW JV assets in New Zealand.  Now NIS is a totally different story.  Yet it won't happen until NIS has enough commercial well success on the EW concessions.  I believe that may drastically change by year end if NIS can expedite what otherwise was very poor well test performance on Teremia 1000.  We absolutely need commercially viable well results, first & foremost.  I believe with that "proven resource" they will generously belly-up to the EW/NEWCO buy-out bar.  The Oil/Gas business may in the end surprise us all.    GLTA 
Bullboard Posts