EAST WEST PETROLEUM EWPMF overview

Vancouver, British Columbia--(Newsfile Corp. - August 11, 2021) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide the following operational update for New Zealand. A workover of the Cheal E1 and E2 wells to clear downhole wax and sand issues has been recently completed and was successful in re-establishing production in both wells. The Cheal E field is now producing at an approximate 250 barrels oil equivalent per day, of which about 80% is oil. A trial...

Vancouver, British Columbia--(Newsfile Corp. - March 29, 2021) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to report that it has retained a technical advisory team in New Zealand to assist in oversight over operations at Cheal. The Cheal productions assets are held by the Company's wholly owned New Zealand subsidiary and the subsidiary has concluded an agreement with 3TCF Limited ("3TCF"), a private New Zealand corporation, with a team of seasoned oil and gas...

Vancouver, British Columbia--(Newsfile Corp. - February 26, 2021) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide the following operational update for Romania. As previously reported, the Company's joint venture partner and operator, NIS Petrol ("NIS"), subsidiary of NIS a.d., suspended all operational activities on March 25 th 2020 when a national lockdown was declared in Romania. All exploration operations have been on hold since that time. In the...

Vancouver, British Columbia--(Newsfile Corp. - August 11, 2020) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") announces that Mr. Ross McElroy has resigned as a director of the Company. The Board thanks Mr. McElroy for his contributions to the Company as a director and audit committee member and wishes him well in his future endeavors. About East West Petroleum Corp. East West Petroleum Corp. ( www.eastwestpetroleum.ca ) is a TSX Venture Exchange listed company established...

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") announces it has terminated the agreement regarding the sale of its 30% interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291 (the "Cheal Permits"), to an arm's length private New Zealand company, on the terms previously announced in a news release of the Company dated June 24, 2019. The ongoing delays and an effective date of April 1,...

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2020) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide this further update regarding the sale of its 30% interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291 (the "Cheal Permits"), to an arm's length private New Zealand company (the "Purchaser"), on the terms previously announced in a news release of the Company dated June 24, 2019 (the "Transaction"). In a news release...

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2020) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide this corporate update. OPERATIONAL UPDATES Romania The Company's joint venture partner and operator, Naftna Industrija Srbije ("NIS"), has provided the following operational update for Romania. Due to the Covid-19 pandemic the state of emergency and a nationwide lockdown was imposed by the Romanian government on March 25, 2020. Consequently,...

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2020) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide this further update regarding the sale of its 30% interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291 (the "Cheal Permits"), to an arm's length private New Zealand company (the "Purchaser"), on the terms previously announced in a news release of the Company dated June 24, 2019 (the "Transaction"). The Company's...