East West Petroleum Corp
1210-1095 West Pender Street, Vancouver, British Columbia, Canada | Oil & Gas
East West Petroleum is an international Canadian based exploration and production company listed on the TSX-Venture Exchange (symbol EW) targeting exploration and development of conventional oil & gas resources. The Company's current portfolio is made up of exploration concessions in New Zealand and Romania.
East West's global acreage position now totals over 1 million gross prospective exploration acres. Several geology and geophysics studies and multiple wells are being planned to test the potential of the Company's acreage. Given the hydrocarbon potential of these assets and the considerable upcoming drilling activity, management believes the Company is on track to establish two core producing areas which will provide a solid platform for future growth of reserves and production. The Company's first wells in New Zealand were spudded in Q3 2013, with permanent production established by year end. Final government approval to commence operations has been received on all concessions in Romania, and seismic acquisition is currently ongoing with the first wells targeted for Q1 the second half of 2015.
East West has an experienced management team with diverse backgrounds across all segments of the upstream sector, including investment banking, public corporate structuring, global business development, resource and reserve assessment, economic analysis, exploration, petroleum and geological research, and a variety of engineering disciplines. Management focuses on establishing a global network of top-notch industry partnerships, alliances, and financial and technical consultants. Important partnerships and joint investment programs have been established with highly-recognized E&P and service firms in the industry. These relationships have been an important contributor to the Company success in establishing an interest in quality acreage positions and the Company is now in a position to leverage partners' local/regional knowledge, expertise and operational capabilities.
Engineering
Sproule International Limited
Bank
Bank of Montreal
Legal Advisors
McCullough O’Connor Irwin LLP
Auditors
Davidson Partners, Chartered Accountants
Transfer Agent
Computershare Trust Co of Canada
Mission
East West Petroleum's mission is to invest in emerging international exploration and production projects with conventional resources with the potential for increasing shareholder value.
East West Petroleum corporate goals are:
- Build a large, high-potential resource position in countries that combine low political risk with attractive fiscal terms and high impact exploration opportunities
- Target conventional resources which can be quickly and easily commercialized upon a discovery
Company Details | |
---|---|
Company Name | East West Petroleum Corp |
Business Category | Oil & Gas |
Address | 1210-1095 West Pender Street Vancouver British Columbia Canada ZIP: V6E 2M6 |
President | David Sidoo |
Year Established | NA |
Employees | 50 |
Memberships | NA |
Hours of Operation | NA |
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