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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 Apr 10, 2019 2:16am
54 Views
Post# 29605288

RE:RE:RE:RE:RE:RE:College admission update

RE:RE:RE:RE:RE:RE:College admission updateJimwatsonnc: I have trouble with ethically challenged folks controlling my investments. In my opinion, someone who historically hasn't protected the retail investor, isn't likely to do so in the future. Who says this person wouldn't try to develop a side deal with NIS/GAZPROM and try to screw us out of a fortune. Sound familiar. It still could be done, so ethically challenged folks need not apply for EW open BoD seats. I would rather have an experienced O&G person who relies on independent analysis, negotiate with NIS or any other company who might be interested in our Romanian assets. Remember if NIS doesn't give us a fair price now, we can remain their partners all the way through a fully developed field. Believe me by then NIS will wish they had bought us out now, because it will be far more expensive for them at that time.
Bullboard Posts