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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 23, 2018 4:31pm
50 Views
Post# 28355191

RE:RE:RE:RE:GoldenOrb, just curious,....

RE:RE:RE:RE:GoldenOrb, just curious,....         Who left it idling??  NIS & the grueling effort & extentsive time that it took to permit drilling just Teremia 1000!!.  To me EW hasn't been idle, the ball has from the very beginning been in the hands of NIS & good faith cooperation w/permitting from Romania on the Local, Provincial & Federal levels, which they proved unreliable, Right?  NIS is going to make or break us at this point, not Sidoo, those are the facts.  
        As far as TAG that was never meant to be a barn burner only a cash flow fill while we all awaited the "Great Promise" of large proven reserves in Romania, WHICH are just now beginning to materialize.  2018 should (with a minimum of 4 drilled wells) prove out that all the intensive 2-D & 3-D seismic work was not in vain!  EW (soon to be NEWCO) has a momentous inflection point with these 4 NIS drills turning.  GLTA


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