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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 Jul 19, 2018 11:29am
77 Views
Post# 28338673

RE:RE:First Canadian pot company on Nasdaq

RE:RE:First Canadian pot company on Nasdaq
  1. Depends on a whole bunch of things Sam ...like have they already applied to the CSE for a listing , they will need to have all the finalized docs prior to that so i think they arent there yet, in addition the shareholders need to vote etc on several parts of this proposal ...so im guessing we are quite some ways from trading again.... in the meantime Brent remains high , TAG numbers should be up and some results should be in from NIS 
  2. one wuestion that remains is the share structure of the newco ( oil and gas co) is it also going to be consolidated with the rollover or is that just the parent. Personally id like to see a consolidation and a smaller float works lets the stock be more responsive to news and also allows for the issuance of additional stock if required to facilitate any other acquisition etc
Bullboard Posts