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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 lageorgeson Aug 02, 2017 7:34am
77 Views
Post# 26536969

RE:RE:RE:RE:RE:As of March 31, 2017.

RE:RE:RE:RE:RE:As of March 31, 2017.You may recall i posted previously, I bought a small position a few months ago because i felt that this company had speculative potential with low down side risk. I still think that is the case but i have not added to that position as when doing my DD i found there is something which raises red flags witth the company's disclosure / non disclosure. Hopefully for all you who are invested this will be corrected and that there will be a positive outcome for investors this is a good value at this price, but the future is cloaked, and that gives mgmt a low score on that front. Until this is corrected im sure im not the only one hesitant to jump in ( and in so doing drive up sp) There are plenty of other good opps with better transparency. 
Bullboard Posts