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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

Energy Oil & Gas E&P
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

East West Petroleum Corp > What is EW worth besides 8 cents cash? Ideas?
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Post by Dragoonon Feb 13, 2024 1:08pm
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Post# 35877931

What is EW worth besides 8 cents cash? Ideas?

What is EW worth besides 8 cents cash? Ideas?Cash Q2 is 5.2 mln 
Cash NZ deal when closed is 1 mln USD = 1.3 CAD 
Total Cash is then 6.5 mln CAD 
6.5 / 86 mln shares = 0.08 cents cash per share, liabilities cleaned with NZ deal.

-Then how much is any "shell" listed company worth?
-Then how much value do we add for Romania that NIS wanted to develop 3 years ago with lower gas and oil prices? 
-How much value to add for potential deals with a public company loaded up with cash? 

These are 3 questions to add to the cash value. Any ideas?
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