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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 Vikingmanon Mar 31, 2018 11:17am
117 Views
Post# 27810248

Connect the dots

Connect the dotsDo not underestimate the future earnings power of EW. EW is getting closer to receiving 15% of the proceeds from the oil and gas from 5 wells to be drilled in 2018 by Gazprom backed,  NIS Petrol SRl. And that is just the beginning of many more wells to be drilled on roughly 1 million acres of land leased by EW in Western Romania. Look back at the EW Press Release dated 12/30/2016. In part "With strong entertainment connections in Los Angeles, this past summer Dylan worked at Lionsgate Entertainment in Santa Monica, CA. Mr. Dylan Sidoo has been granted options to purchase 500,000 shares at $ .13 per share for a period of five years." While some view this event as frivolous nepotism, I view this event as a great thing. I want EW to be very successful and I want Dylan Sidoo's options to rise many fold in price, until his options are deep in the money. That way, the rest of shareholders of EW will also experience a sharp rise in the price of their shares. By the way, did you know who the founder of Lionsgate Entertainment is? None other than Canadian billionaire and mining magnate, Frank Giustra. If anyone can open doors and help David Sidoo and company make deals in the natural resource space, it is Frank Giustra. Whether it is Romanian, New Zealand, or Australian oil and gas, South American lithium or some oil and gas deal in North America, I believe EW and David Sidoo, assisted by Frank Giustra, is going to lead to significant share price gains of EW in the coming years. People buying and holding shares today have, in essense, a long term option on EW success. Those people selling for whatever reason at 8, 9 or 10 cents per share, are really going to "miss the boat." Connect the dots and don't lose faith in Sidoo and company. Patience will be rewarded. Vikingman
Bullboard Posts