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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 Apr 10, 2018 9:20pm
105 Views
Post# 27863599

"Woulda, coulda, shoulda"

"Woulda, coulda, shoulda"Those are the sentiments many will be uttering when EW and EWPMF shares skyrocket to 50 cents to a dollar per share in the coming months! Brent crude is selling for over $70 per barrel. Each day brings us closer and closer to giant oil company and partner, NIS Petrol, from commercializing vast quantities of oil and gas on the one million acres of EW leased land in Western Romania. Net backs in New Zealand, along with $3 million cash in the bank and millions of dollars of Adv. Lithium stock on the balance sheet, have East West selling at a bargain basement price equivalent to 1 x book value. People are going to look back and say, I woulda, coulda, shoulda bought East West shares, hand over fist, at less than 10 cents per share! Who the hell (and why) is someone selling shares, $ 400 to $500 at a time, for 8 to  9 cents per share? I cannot figure that out, but the Vikingman knows that everything is aligning and it is only a matter of time until EW skyrockets! GTLA!!! Vikingman.
Bullboard Posts