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East West Petroleum Corp V.EW

Sector: Energy | Sub-Sector: Oil & Gas E&P

East West Petroleum Corp. is engaged in the acquisition of, exploration for and production from petroleum and natural gas properties.
Price: $0.115 | Change: +$0.015 | %Change: +15.00%
Volume: 176,600 | Day High/Low: 0.115/0.10 | 52 Week High/Low: 0.54/0.085
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0 stars

EW still buying 99k on friday

Jan 23/15 Jan 23/15 East West Petroleum Corp. Direct Ownership Common Shares 38 - Redemption, retraction, cancellation, repurchase 69,000 $ more
0 stars

tag cuts 2015 plans  rate and reply
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RE:Ew cancelled 3,426,000 shares

Good, and the buyback is continuing with 3000 yesterday....  rate and reply
3 stars


I think continued success at Cheal could take EW to a few times the current price. Particularly at Cheal South where EW has a 50% interest. To get back to $1, though I agree with you that the more
0 stars


I feel that Romania is the key ingredient for EW to finally start to increase in PPS.  Cheal is a decent bandaid to the many abandoned half thought out concessions EW has bought into.  I realize more
5 stars

Ew cancelled 3,426,000 shares

East west cancelled 3,426,000 shares yesterday. I know some say its a bad thing thing there buying back shares, but I personally see it as a positive thing.  rate and reply
1 star


NIS owns a chain of gas stations in Romania and a refinery. I think they are seeking to become vertically integrated and supply their own oil for their refinery. I'm not sure I agree with you that more
3 stars


This is why it would behoove NIS to expedite their Romanian drilling & resource WITHIN the EU block.  I can't understand why NIS would drag their feet given the loss of capital from the reduction more
0 stars

RE:Must be a record

You have three years in Canada to sell against your gains. Three years ago was the end of the most recent bull market in canadian junior mining/resource.  rate and reply
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Must be a record

I have never seen tax loss selling season begin this early in a year...  rate and reply
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RE:RE:New corporate presentation

Not sure at what price exactly they are selling their oil right now but it might be possible that cash flow from the current wells will pay for their planned spendings of 3mio => I calculated more
1 star

RE:New corporate presentation

Romania moving slowly, but cash was up and Cheal E-8 was added to the 2015 schedule.  Presentation says that break even cost for Brent at Cheal including drilling costs is $36.  Probably why Tag more
0 stars

New corporate presentation   Looks like we'll be waiting ANOTHER 9 months for drilling to get started in Romania.   On the bright side, they more
3 stars

Cheal E-2 recompletion in progress

Post on the Tag board says that the Cheal E-2 work is now in progress.  rate and reply
3.5 stars


Here's a link to Gazprom's web site where their strategy for Romania is discussed.  They have long term goals of increasing production for their growing retail gas station brand there. more
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My point exactly, it behooves them to expedite these blocks for drilling.  A great way to circumvent sanctions & there by profit >> being an independent out of Serbia.  I would hazard to say if more
3 stars


NIS got an extension, but still has a limited timeframe to start drilling or they will lose their 85% interest in the blocks. If the seismic looks promising, they will want to hold the block. My more
5 stars


It only stands to reason that NIS would expedite drilling in Romania given the severe sanctions levied by the EU/USA on Russia.  What better way to avoid the pressure of Russian trade more
3 stars


I agree that over time a lot of oil production is going to get knocked out.  Tar sands oil, marginal shale plays and deepwater will go first.   Although I didn't anticipate the oil selloff,   I more
0 stars


Thanks for your thoughts Mr P...we keep our fingers crossed.  I agree that the hint of a spud will pop the price absent a total,collapse in the POL.  At these prices for oil, I would think more