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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 01, 2020 3:26pm
84 Views
Post# 30629529

RE:RE:Not many cheap ones left here.......

RE:RE:Not many cheap ones left here.......Emile33 & gogoromania: I agree that the weak hands have folded and now we are moving to the traders and long-term investors. This last week, I spent most of my trading energy trying to buy-up EW shares in the US between 4.5 and 5 cents. There is nothing there anymore. I tried all type of trading tactics to shake it loose to no avail. I believe next week the action will be around 6.5 and 7 cents US. Add 32 percent for Canadian trading. I believe folks are starting to understand that they must build their positions soon, if they want to reap the benefits of this play.
Bullboard Posts