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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 Mar 21, 2019 1:25pm
108 Views
Post# 29518077

RE:RE:Does Juva Life Inc. intend to violate of U.S. Federal Law?

RE:RE:Does Juva Life Inc. intend to violate of U.S. Federal Law?mirage2014. EW is currently trading in the U.S. OTC BB market at a price equivalent to EW's cash in the bank. Though the Romania and New Zealand assets are quite valuable, the current trading price assigns to them a price of zero. This is due to the uncertainty over the Juva Life deal and the proposed spin-out of the EW oil & gas assets.

The BCSC, TSX and IIROC are laser focused on EW at the present time. If David Sidoo, Dylan Sidoo and/or Nick Demare act in any way to defraud EW and harm its shareholders, then those directors will be held to account and may as well step down from all corporate directorships they now possess and retire from the securities business.

Do not be concerned whether or not EW will trade again. The New Zealand assets are producing oil profitably and the Romanian assets are enjoying success, due to the NIS partnership which is backed by the Serbian Government and Gazprom, one of the foremost oil and gas companies in the world.

It is time for the Sidoos and Nick DeMare to refocus their energies at building shareholder value at East West Petroleum Corp.
Bullboard Posts