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 31, 2018 1:09pm

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Post# 28392413

RE:Checking off all the boxes

Ammendment to my previous post on the condition that make this deal unacceptable to me ...i will now make that condition(s) first is if we have no voting rights re the oil and gas company, the second is if the oil and gas leases are put up for sale that the price be reasonable .....10-15 million is not reasonable it might have been before the drilling started but isnt now ...what is reasonable im not certain at this point depends on the reserve estimates and production numbers that come out when an offer is considered. Sidoo may be able to answer some of this so am hoping he can have a call with shareholders after the filing is done and before the vote

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