East West Petroleum Corp V.EW

Alternate Symbol(s): EWPMF

Energy Oil & Gas E&P

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.

TSXV:EW - Post by User

East West Petroleum Corp

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Comment by lageorgeson May 30, 2019 12:50pm

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Post# 29785605

RE:Now What?

I like most shareholders who voted on the issue are happy that the JUVA deal died who know what the situation wouldve have been if it was to have happened for certain the oil and gas assets wouldnt be trading until an exchange was found to list it... and anything couldve happened in the intervening period, particularly if the newco went private and didnt trade on a public exchange
The cash that wouldve gone to JUVA is still an EW asset
As it stands now drilling and exploration is going on in Romania and as Jman posted there is a short term approval from the gov to transport oil from i believe EX1
TAG has sold their share of the NZ lease , that continues to produce income for EW and it could be sold at any time
so given the news coming from Romania Im glad the deal was killed
As for who Jung is i never thought it was someone associated with the company and dont care who it is. I weigh each post and poster on its own merits