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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 17, 2019 10:38pm
107 Views
Post# 29642338

RE:RE:RE:Sidoo is in deep trouble, won't be on BoD much longer

RE:RE:RE:Sidoo is in deep trouble, won't be on BoD much longerMestQalander: Agencies will not force him to resign until he admits guilt or is convicted. Time is quickly approaching where unless David admits guilt (which would force a resignation fro EW' BoD) he will no longer be eligible for a short duration jail sentence (1 - 2 years). After that if he is convicted his time will be significant. The Feds already have his emails, taped phone calls etc. It will be hard for his attorneys to win. I would expect that around his next court appearance, he will talking settlement. I believe that date to be 6/3. That could the date we have a Sidoo free BoD. Next up after that is Nick DeMare who was double dealing along with Sidoo when both sit on BoD's of companies that EW bought their stock. If we free ourselves from Sidoo, DeMare and their appointees, we may end up with a real functioning company that increases shareholders value.
Bullboard Posts