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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 Jman1076on Feb 02, 2019 5:50pm
73 Views
Post# 29310801

RE:RE:RE:RE:how do I vote against this deal?

RE:RE:RE:RE:how do I vote against this deal?Emile33: Wouldn't it be simpler if the Juva Life listing took over Seaway Listing and left EW as is? The more I think about it I believe EW leadership believes there is a lot of value here and taking us private even for a short time allows them to play with the ownership structure of EW. Also don't forget, we will need the $4 million & hopefully the $'s from selling off our NZ assets to fund our portion of wells once NIS states a well is commercial. I don't want Sidoo making any other foolish investments such as Juva Life with our money. Not only should we vote down this merger, but we should withhold our votes for the BoD's plus the audit firm. Don't know if it is true or not, but the first delay was due to financials being late - there is no excuse for that! I don't like anything about this group and they all seem to be inter-connected and I want a team that I can trust as we start to become viable.
Bullboard Posts