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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
Post by Vikingmanon Jun 07, 2019 2:53am
107 Views
Post# 29804882

Mirage, I am still here.

Mirage, I am still here.I think JungAheer is mistaken. He is just angry he (oops, I mean David is angry) he got caught in the academic cheating scandal. Scared too, I imagine, as the Boston office of the F.B.I and U.S. Attorney/ U.S. Justice Department are not susceptible to being bribed. David will have to resign from all of his board appointments and the felony plea/conviction will prevent him from any and all board memberships in the future. Regarding David's statement about the empty office and telephone in B.C. that is true. David and others have been paid hundreds of thousands, perhaps millions of dollars over the years in exchange for no  doing no work on their parts. At least Nick and Chase Management, kept up with the mandatory public filings. It appears that David's only contribution of late, was to engineer a failed attempt of fleecing the EW shareholders out of most of their investment in EW via the Juva deal. Thankfully the B.C.S.C. was able to stop this sham of a transaction! The Romanian government closely monitors ALL drilling in Romania and Gazprom has to play it straight and honest. The Romanian authorities want their fair share of the taxes and royalties that are due and Gazprom will be monitored closely as to the NIS/EW asset production. EW has a thirty five year lease on the four blocks that have roughly 25 more years to go until expiration of the lease. NIS is litterally months away from commercial production and when they hit a  production level of 7 million barrells per year, EW's 15% portion (1 million barrels per year) will make EW shares worth $100 million to $150 milliion. For now, EW is on autopilot, as it has been for many years, awaiting succesful drilling in Romania. JMan has been keeping us apprised of all of  the exploration successes that have been taking place and soon we will be hearing about the production successes. David has brought shame to himself and his family, this company and the Guayanese people. Maybe he will have time to reflect on this while in prison and will devote the rest of his life to one of service, as opposed to the devious manner of  conning, scamming and screwing people.
Bullboard Posts