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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Bullboard Posts
Comment by gogoromaniaon Jun 13, 2017 5:36pm
97 Views
Post# 26358637

RE:A little pre-release jitters

RE:A little pre-release jittersSo, we are very near 30 days past the completion of the 1st of a 12 well drill program in Romania. More potential pay zones were encountered than anticipated.  Since the initial article and recommendation from Stansberry associates of East West and their potential upside, oil markets have changed dramatically and now it looks like natural gas prices are under pressure as well, due to Saudi type market share pricing coming from Russia and Norway. Read more at https://oilprice.com/Energy/Energy-General/European-Natural-Gas-Prices-Collapse.html.... 3 more exploratory wells to be drilled in this lease agreement and NIS. 
Bullboard Posts