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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 24, 2018 8:33pm
48 Views
Post# 27935241

RE:RE:It appears we have an acolyte of management rating all.....

RE:RE:It appears we have an acolyte of management rating all.....Actually i wasnt suggesting they were pumping free oil  ...though my cynicism may be showing through my posts....i did recall the post Re trucking product while testing the well.... also  i do think they are planning to truck oil in the absence of other infrastructure and i think that the tender for tankers supports that thought... i could of course be wrong ... all that said am still not impressed with the company’s handling of its contracts with its partners and its treatment of shareholders ... its one thing to take the back seat to those providing capital its another thing to ignore their other their shareholders while doing so, there is no reason shareholders here need to seek out info that partners such as NIS have otherwise pubically diseminated  ... my opinion hopefully im wrong 
Bullboard Posts