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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 loubastoneon Nov 24, 2019 3:13pm
71 Views
Post# 30387384

RE:RE:RE:RE:Proxy Voting Material

RE:RE:RE:RE:Proxy Voting Materialthanks Jman, just read all the stuff posted. I do think this will be a good investment soo, just not sure how long it will take. Dealing with Russians isn't exactly the easiest thing and EW really can't do much to push things along. Since this wait could still be years away, has the company discussed or you think they will discuss, possibly aquiring some income generating assets to basically wash the burn rate or even potentially add cash to the reserves. I guess nothing will be discussed till the new BOD stuff is finalized..interesting play though, thats for sure.
Bullboard Posts