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East West Announces Completion of Workover and Initial Test Results from Romania
East West Announces Completion of Workover and Initial Test Results from Romania C...
About this update from East West Minerals Ltd.
[{"type":"text","content":"\n\n\n\nEast West Announces Completion of Workover and Initial Test Results from Romania\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept. 20 2017\n\n\n\nTicker: EW (TSX-V)\n\n\n\nVANCOUVER, Sept. 20 2017 /CNW/ - East West Petroleum Corp. (TSX Venture: EW) (\"East West\" or the \"Company\") Mr. David Sidoo, President and CEO, is pleased to announce that the Company's joint venture partner and operatior has reported that testing of multiple intervals on the first well in EX-7 Periam block, in the Pannonian Basin of Western Romania has been completed with encouraging results for oil and natural gas. \n\nThe operator has advised that the initial results obtained during workover and testing will be analysed in NIS Scientific Center, which will decide  if the well is to be declared commercial and what would be the next steps to follow. NIS will be funding 100% and fully carrying East West through the minimum work program of the exploration phase in return for earning an 85% interest in the blocks.  \n\nMr. David Sidoo comments, \"We are pleased to have results from our first JV well showing oil and gas indications.  NIS was able to drill this conventional well with no environmental issues and strong  community relations.  We are pleased to be partnered with a company of this caliber. We want to thank our shareholders for their patience and look forward to sharing additional results as they come in.\"\n\nAbout East West Petroleum Corp.  \n\nEast West Petroleum Corp. (www.eastwestpetroleum.ca) is a TSX Venture Exchange listed company established in 2010 to invest in international oil & gas opportunities. East West has built a diverse portfolio of attractive exploration assets covering a gross area of over one million acres. The Company has its primary focus on two key areas: New Zealand, where it has established production and cash flow and is evaluating a low risk exploration play, and Romania where it is fully carried on a seismic surveying and 12 well exploration program. In New Zealand, East West holds...