East West Petroleum Corp. (37A)

Overview

East West Petroleum Corp. is a junior oil and gas company that is actively engaged in the exploration, development, and production of oil and gas properties across diverse geographical locations including New Zealand and Romania. Initially founded in 1987 as Avere Energy Inc., the company underwent a name change to East West Petroleum Corp. in August 2010, marking a new chapter in its corporate identity. With its headquarters in Vancouver, Canada, the company has positioned itself as a dynamic player in the oil and gas sector, leveraging its expertise and strategic partnerships to explore and exploit potential oil and gas fields.

Products and Services

• Exploration and Development in New Zealand

East West Petroleum Corp. holds a significant stake in the oil and gas exploration sector in New Zealand, with a 30% interest in the Cheal-E site mining permit located in the prolific Taranaki Basin. This basin is known for its rich hydrocarbon resources, and the company’s involvement underscores its commitment to contributing to the exploration and development of New Zealand’s oil and gas potential.

• Exploration in Romania

In Romania, East West Petroleum Corp. expands its international footprint by holding exploration rights to four blocks in the Pannonian Basin of western Romania, covering an enormous area of 1,007,500 acres. This significant presence in the Romanian oil and gas exploration landscape highlights the company’s strategic approach to identifying and capitalizing on exploration opportunities in the region, known for its untapped hydrocarbon potentials.