East West Petroleum Corp V.EW

Alternate Symbol(s): EWPMF

Energy Oil & Gas E&P

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.

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East West Petroleum Corp

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Comment by lageorgeson Jul 24, 2018 7:07am

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Post# 28357287

RE:RE:Warrants

We are on the same page here Vikingman , some investors will see greater access to additional benefits from the JUVA acquisition via the access to the private placement.
Despite that im happy with the deal even though id jump at the opp for access to a portion of that private placement.
Perhaps the existing shareholders could argue they should get access to 10% of the private placement or warrants with their shares.
However i like Vikingman am happy with the deal as it stands and do not want to scuttle it.
I am anticipating generous gains with this transaction and from the oil and gas holdings, but who knows anything can happen in this world.

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