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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 GoldenOrbon Jan 17, 2020 9:12pm
80 Views
Post# 30567748

RE:Board

RE:Board           That's 1.3 million total options, not 1.3 million per Board member, but isn't it supposed to be 10% of the total "weighted average number of common shares" @ 89,585,665 which = 895,857 options not the 1.3 million Demare/Brown have signed off on?  That's really trustworthy, right?  Or do I misunderstand what the 10% share options package passed was based on.  Which many of us voted against?

           As well, what about cleaning up EW's reputation, how much does it cost to remove Sidoo as both Manager & Director?  This can't be doing much to attract new investors right there on the EW Management/BoDs web page.  So those several of you are honestly impressed with Demare's promoting EW? 

           Also update the BoDs web page to include Haney.  These are matters of fact not meant as argument.   GLTA



Bullboard Posts