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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 23, 2019 3:50pm
36 Views
Post# 29404567

RE:JMAN this question is on seeking alpha:

RE:JMAN this question is on seeking alpha:Currently BoD has 4 members. If they reduce it to 4, it will be harder to put friendly members on the BoD if we later choose to do so. Just trying to preserve our options. Remember even though we are withholding votes for the BoD, they will continue to serve until we replace them. Until we can force a special meeting to have new BoD directors, we may try to place some honerable folks on the BoD to represent us, not the Sidoo family.
Bullboard Posts