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

Bullboard Posts

Post by GMAN66on Jul 28, 2018 12:44pm

79 Views

Post# 28381109

Excellent explanation

of the re-org...my guess if Sidoo did this for the investors like us...to concisely explan the structure...I finally get it...he plans to sell the oil assets if the price is right, which is great...however I'm not a fan of it being private as anything can happen (things potentially not in the bst interest of the inv...

if they dont sell they could vend into a shell and we become public again?

I wonder how we get access to the deck on Juva and how we can invest if we choose to...buy at .35...perhaps it opens in October at 10X that share price and right when pot is going recreational!

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle