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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 06, 2018 4:22pm
65 Views
Post# 27298091

RE:RE:RE:RE:AWOL management

RE:RE:RE:RE:AWOL managementIts too cold to do anything else today so looked into the for calling special meetings etc under Canadian law...Support from 5% of shareholders  appears to trigger certain rights here is a link to a good source of basic info relating to shareholder activism ive cut and pasted an excerpt after the link 
  • 7. 

    What common strategies do activist shareholders use to pursue their objectives? 

     
  • 8. 

    May shareholders call a special shareholders’ meeting? What are the requirements? May shareholders act by written consent in lieu of a meeting? 

     
  • 9. 

    May directors accept direct compensation from shareholders who nominate them? 

     
  • 10. 

    May shareholders nominate directors for election to the board and use the company’s proxy or shareholder circular infrastructure, at the company’s expense, to do so? 

     
  • 11. 

    May shareholders bring derivative actions on behalf of the corporation or class actions on behalf of all shareholders? What defences against, or policies regarding, strike suits are applicable? 

     
  • 12. 

    What advice do you give companies to prepare for shareholder activism? Is shareholder activism and engagement a matter of heightened concern in the boardroom? 

     

Bullboard Posts