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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
Post by Steve12141214on Nov 24, 2017 11:27pm
134 Views
Post# 27029699

NIS is taking bids for work on EW blocks

NIS is taking bids for work on EW blocksFollow the  link below  to where NIS is taking bids on work blocks in Romania.  There is a lot of information to go through but it looks like roads will be build and another well can be drilled as soon as January.  and another in April if i read it correctly.   Hopefully someone in here can go through all the bid documents and decipher what there planning t do.

https://www.tenderi.nis.eu/en/open-tenders?orderer=9

 
INVITATION FOR BIDS IN OPEN TENDER FOR:
 
„Building Access road on Beba Veche Sud 1000“ (ex-7 periam block)
 
  1. Introduction
 
 
NIS PETROL SRL Romania. fully owned subsidiary of NIS j.s.c Novi Sad Serbia, hearby invite you company to participate in a Open tender by submitting offer for:
 
  1. Building access road on Beba Veche Sud 1000 well / 8.200 meters
 
 
 
 
 TECHNICAL ASSIGNMENT
Open Hole and Cased Hole Wireline Logging Services for well in Timis County
In order to fulfill concession obligations regarding drilling activities in the territory of Petroleum Block Ex-7 Periam (Timis County) in the west part of Romania, the company NIS Petrol SRL (NIS Petrol SRL is a Romanian legal entity, entitled to perform exploration in the Petroleum Block Ex-7 Periam according to Government Decisions no. 886/14.11.2013 published with Official Gazette of Romania, Part I, no. 721 as of 22.11.2013) is planning to drill the one deviated, deep, HTHP exploration well (Wild Cat) on geological structure in Timis County, located near the Serbian – Hungarian border, between existing gas-condensate fields Majdan deep and Majdan x deep (Serbia) from one side and Cherestur oil field (Romania) from the other side (see pic 1).
Exploration HTHP well located in Timis County was proposed based on complex interpretation of available geological 2D and 3D seismic, analogy with similar geological structures and existed fields in that area and available offset well data, performed by NIS Exploration Team.
 
Well type: Exploration – Wild Cat (HPHT)
License Area: Exploration Block Ex-7 Periam
Location: Timis County
Drilling Rig: National III 330 tons / Land Rig
Trajectory: Deviated „Build and Hold“ type
Depth (MD/TVD) 4120m / 3900m
Well objectives: Paleozoic (Pz), Badenian (Bd), Pannonian (Pn) and Lower Pontian (Pt1)
Final lithology: Paleozoic metamorphic rock (Chlorite-amphibole-sericite-muscovite schists)
Expected fluid: HC gas and gas-condensate
CO2: Potential
H2S: Possible
 
 
Commencement of the upcoming drilling activities is planned to be in Q2 2018 / April - May (depending of permitting realization).
 
Well Type: Exploration – Wild Cat
License Area: Ex-7 Periam, Romania
Location: Timis County
Operator for License Area: NIS Petrol SRL
Rig Name / Type: National III 330 tons / Land rig
Drilling Contractor: Naftagas OFS
Trajectory: Deviated well
Estimated depth: 3900m TVD
Planned Spud Date: January 2018

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