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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

East West Petroleum Corp > 2 New NIS Romanian Tenders
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Post by Jman1076 on Oct 12, 2020 6:10pm

2 New NIS Romanian Tenders

Today, NIS posted two tenders from Naftagas Romania; first for transportation drilling/workover rigs, the second for Craine Services for OFS jobs. Things are happening. We just need to wait a few more moments. I expect before too much longer announcements will be made. Probably conversations will start shortly on the other site.
Comment by Jman1076 on Oct 13, 2020 4:02pm
Key component is the following statement: The service is planned to start from January of 2021. More than 90% of job refers to transportation of drilling and workover rigs. Technical assignment is divided in two LOTs, A and B. - LOT A: Mobilization from Serbia to Romania and demobilization from Romania to Serbia, other individual transportations on the same routes; - LOT B: Internal transportation ...more  
Comment by RHertig on Oct 14, 2020 6:10am
Jman if we sell do you think it will just be the concession where we found oil or the unexplored ones too? Also thanks for the updates.
Comment by Jman1076 on Oct 14, 2020 11:01am
Who knows, but my first preference would be to sell it all. Second would be to sell ex - 7 & 8 and use those funds for drilling in ex - 2 & 3. Third option would be to sell all for a revenue royalty on all production. This could pay us a premium for many years ( 20 - 30). The key to all these opportunities is to seek bids from other players in addition to NIS, to ensure that we are treated ...more  
Comment by Jman1076 on Oct 14, 2020 9:17pm
Conversations are taking place on the other site.
Comment by Holmonhomesllc2 on Oct 15, 2020 6:41am
How do I go about finding this new chat room ? I've looked up that site but either I'm not looking in the right place or I just cant find a actual chat room for v.ew?
Comment by Jman1076 on Oct 15, 2020 7:44am
CEO.CA 3 DOTS (upper right corner) Find/Start Channel EW