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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 Jan 05, 2018 11:15am
46 Views
Post# 27289777

RE:AWOL management

RE:AWOL managementNo quarrel with the issues , my letter was to Taylor not Max this morning i sent a copy to Sidoo... i dont expect it on its own to make any difference but i do think it has an annoyance / motivational value to keep the issue on the radar with the  Board , am not sure what other options there are ... did you attend the annual meeting ? This morning i bought more at what i consider a bargain basement price and brought it up to .135 i realize that has no long term impact on anyone elses bottom line but mine ....I cant see the Board throwing away the potential here if only to convert for cash they can use on their other undertakings ... in the absence of other action that wouldnt be bad ... as for stiffling production that may be the intent as it relates to the North American industry im not so sure that same dynamic is as forceful an influence when it comes to Europe ! But as i said before this isnt my area of expertise and i believe most posters here are far more knowledgeable than i ... but notwithstanding that i am convinced this is a bargain at this level !
Bullboard Posts