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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Bullboard Posts
Comment by mirage2014on Apr 05, 2018 9:16am
103 Views
Post# 27834784

RE:NIS Petrol SRL buyout of EW Romania leases

RE:NIS Petrol SRL buyout of EW Romania leasesVikingman, in my opinion this is a real/viable scenario. I believe NIS would need to pony up a significant premium, such as you noted or more, to gain total control of the Romanian assets. We now know based on early results that the Romanian wells will soon be commercialized, and the production in Romania could easily produce billions of dollars of oil/revenue. As far as the EW Working Group discussing the potential sale of the Romania asset, well, the topic has been discussed with, David Sidoo. GoldenOrb can provide you with additional color......I suggest you email him. Again, your insight and knowledge are uncanny. Cheers!
Bullboard Posts