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
East West Petroleum is a TSX Venture Exchange listed company established in 2010 to invest in international oil & gas opportunities. The Company has its primary focus on two key areas: New Zealand, where it has established production and cash flow and Romania where it is carried to production on an exploration program. In Romania, the Company has exploration rights in four exploration concessions covering 1,000,000 acres in the prolific Pannonian Basin of western Romania with Naftna Industrija Srbije ("NIS"). The company does not own the acres but has exploration rights.
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.
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