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Bullboard - Stock Discussion Forum 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... see more

TSXV:EW - Post Discussion

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Post by Steve12141214 on Feb 19, 2021 7:09am

Néw highs

Thanks for all the tidbits guys.  I'll try and find some time this weekend to put something together and help spread the word.  Questions for the smarter than me crowd. 

how much cash in the bank do we have. 

do we still own shares in advantage lithium?  If so how much? 

If NIS were to buyout EW 15% what do you think that is worth.  

what do you estimate the value of The Romanian assets are worth?  

Are we getting any money from the active Romanian wells? 

What are our New Zealand assets worth? How many wuch are we receiving from these wells?  

I've been following EW for a long time but let it slip to the side this past year or two just waiting for good timing.  Seems as though we might be getting closer to good things but I need a refresher course so I can help spread the information you've all dug up over the years.

Comment by RyanEU on Feb 19, 2021 10:37am
Steve, Mgt usually isues a Quarterly Report during last week in Feb. Should be out next week. Should answer at least some of your questions. My suggestion would be for you to hold off sending anything out until you can review that report and add it into what you're creating. And Thank You! for what you're doing. I will try to help you.
Comment by Jman1076 on Feb 19, 2021 12:40pm
Steve: We might want to wait for the financials, but as of the last financials (3rdQ) cash was at C$4,911,056 and Investments in Advantage Lithium & Seaway (Sweet Earth) was C$599,200. I believe they will be selling off the Adv shares because Lithium has increased substantially since the end of the 3rd Q. We will need to see the 4thQ results in NZ, but the well was off line for a while as they ...more  
Comment by Jman1076 on Feb 22, 2021 4:28am
Steve: Just checked the value of EW investments in other companies that can be used in your marketing piece. Our investment in Sweet Earth is 204,960 shares valued at 36 cents Canadian. This is worth C$73,795. Orocobra transaction which (bought out Advantage) converted Advantage Lithium shares into 244,098 shares of Orocobra. The Friday US$ share price of Orocobra was$3.99, converted to Canadian ...more  
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