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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

Comment by Isaiahmanon Mar 18, 2021 11:14am
154 Views
Post# 32825741

RE:RE:IF YOU OWN EAST WEST DUMP IT ASAP

RE:RE:IF YOU OWN EAST WEST DUMP IT ASAPAgreed emile33.  We will now see all the spooks come out of the closet saying this company is bust.  I am sure the old admin is just rubbing thier hands hoping to add to thier quiet holdings.  How can you sell a company that has 2x cash in the bank, New Zeland assets, and unknown reserves on a Million acres of property, one as large as the King Ranch in Texas.   Just in assets EW should have a book value of .10 US and anywhere from .10 to 10.00 USD with the Romanian assets included.  
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