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Bullboard - Stock Discussion Forum 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... see more

TSXV:EW - Post Discussion

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Comment by Jman1076 on Sep 26, 2020 3:28pm

RE:RE:RE:RE:RE:It's Happening !!!!! - Phase 3

Did you receive a response yet from Investor Relations?
Comment by gogoromania on Sep 26, 2020 9:16pm
Not a peep.
Comment by gogoromania on Sep 27, 2020 9:07pm
....and BTW, Sept is almost gone and no word of a meeting with NIS!
Comment by gogoromania on Oct 02, 2020 12:16am
Must have gotten postponed!
Comment by Jman1076 on Oct 05, 2020 5:43pm
Please note, posting is going on re Romania on the other site.
Comment by gogoromania on Oct 05, 2020 6:18pm
What other site????
Comment by Jman1076 on Oct 05, 2020 6:28pm
CEO.CA
Comment by gogoromania on Oct 05, 2020 10:52pm
Yes, found it. Thanks!
Comment by RHertig on Oct 13, 2020 11:43am
They must have wrote the language pretty bad in the agreement. They were supposed to drill 3 wells on each concession in phase 2. Phase 3 was an additional 12 wells for a total of 24. If there was findings that were commercial we then had to pay our 15%. If it was wrote correctly we still own 100% as they haven't met their buy in yet. But we never got to read the contract so who knows.
Comment by RHertig on Oct 21, 2020 1:30pm
I was wrong. The language is if they didn't find commercial oil in the first 3 wells of each block and wanted to continue exploration they had to fund 100% of the next 3 wells on each block.