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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 Jman1076on Nov 22, 2019 1:03pm
114 Views
Post# 30383066

RE:RE:RE:Proxy Voting Material

RE:RE:RE:Proxy Voting MaterialGo back and read Vikingman's post on 11/4. Most of us are here waiting for this stock to move up. Trading at cash value with EW being carried with no drilling cost expense by NIS / Gazprom on a million acres in Romania. Our share will be 15 percent of revenues. From all the research that we can find, numerous of the wells being tested look positive. Bottom-line, the stock won't go much lower and there is a very good chance that it will go much higher. The other good factor is our previous CEO had questionable ethics (college admission scandal, etc) and after the upcoming election will not be on the BoD. Also a group of who killed the former Weed deal (JuvaLife) initiated by the former CEO, are also voting to remove tbree BoD members who supported him in this deal. With all these things in mind, if we are successful in changing the BoD and these wells are declared commercial, this stock should jump and we all can make a boat load of money.
Bullboard Posts