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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 Apr 19, 2018 6:44am
39 Views
Post# 27909234

RE:Bigger fish to fry

RE:Bigger fish to fry
  1. Thanks Viking and Mirage for your comments ...i think all shareholders carry the same frustration , it could all turn around with a few announcements however in the absence of that the Executive and management team at EW could also be supportive, transparent, and much more active. It doesnt suffice for the CEO to suggest they are combing the countryside for new opps....as many have said with the price of oil on the rise even marginal stocks with production are on the rise. Inevitably this company will derive some benefit from its stake in Romania but when for those of you who have held for years when and your treatment in the interim is as important a factor.
  2. There are unsavoury practices all over the world its about time individuals and companies stand up to stamp out the BS the best disinfectant is sunlight, if youve been aggrieved  don't give up
  3. As for AAL the lithium space is becoming more crowded and the company may need to draw on skills this executive hasnt demonstrated they possess
Bullboard Posts