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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 Vikingmanon Apr 30, 2018 6:44pm
67 Views
Post# 27961483

RE:RE:Well, unfortunately I called the trading today.

RE:RE:Well, unfortunately I called the trading today.MoneyIsFun. Good luck to you on your 30,000 shares purchase of EWPMF at $.08. I have no doubt that will turn out to be a wise investment. Shame on the pennyflipper/desperado who unloaded those 30,000 shares to you at such a bargain price! I appears that David Sidoo owns about 3 1/2 % of EW shares and Dylan Sidoo has an option to purchase 500,000 shares at around 13 cents. I would feel more comfortable if the Sidoos and the rest of the board and managment had more "skin in the game." If they did, you can bet you would see an updated website and some reasonable level of marketing and promotion of the company, as one sees with Advantage Lithium, Partner Tag Oil and similar sized companies. The price of oil keeps rising and the drilling success in Romania keeps getting closer every day! GLTA. Vikingman.
Bullboard Posts