Bullboard - Stock Discussion Forum East West Petroleum Corp V.EW

Alternate Symbol(s): EWPMF

Energy Oil & Gas E&P

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.

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East West Petroleum Corp > NIS New Tender Well 1201 in Blk 8

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Post by Jman1076 on Jan 18, 2021 10:02pm

NIS New Tender Well 1201 in Blk 8

WHEREAS: (A) NIS is Title Holder and Operator in the Petroleum Concession Agreement for Block EX - 8 Block (the Block) where Teremia 1201 Well (T-1201 Well or the Well) is to be drilled, tested and completed; (B) For above-mentioned drilling project, NIS requires certain well reated goods (i.e. casing, steel grade with buttress connection and pup joints), as per the Companys Technical Assignement attached hereto as Annex 1 (Technical Assignment) which Seller is willing and capable to provide as seth forth under Sellers Revised Bid Form no. [] attached hereto as Annex 2 (Sellers Offer) and, as confirmed and described in the Confirmation Letter no. [] attached hereto as Annex 3 (Confirmation Letter) issued by NIS to Seller (hereinafter referred to as the Goods); (C) The quality of the Goods to be provided and the deadlines to be observed are of the Agreements importance for the Buyer; (D) NIS and the Seller have discussed, negotiated and expressly accepted any and all of the terms of this Agreement, including all conditions defined as non-standard by article 1203 Romanian Civil Code;

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