Last $0.25 USD
Change Today -0.0093 / -3.55%
Volume 24.7K
EWPMF On Other Exchanges
Symbol
Exchange
Venture
Frankfurt
OTC US
As of 8:10 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

east west petroleum corp (EWPMF) Snapshot

Open
$0.28
Previous Close
$0.26
Day High
$0.28
Day Low
$0.25
52 Week High
01/9/13 - $0.52
52 Week Low
04/18/13 - $0.19
Market Cap
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Average Volume 10 Days
48.0K
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EAST WEST PETROLEUM CORP (EWPMF)

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east west petroleum corp (EWPMF) Details

East West Petroleum Corp. engages in the acquisition, exploration, and production of petroleum and natural gas properties. It primarily invests in conventional and unconventional resource plays. The company holds interest in a platform of assets covering an area of approximately 1.6 million prospective exploration acres primarily in India, Romania, New Zealand, Morocco, and the United States. It owns interest in the Carbon property, which has 4 producing oil wells and 14 gas wells located to the northeast of Calgary, Alberta; the AA-ONN-2010/2, an oil-prone exploration block covering 100,000 acres in the Assam region of India; 4 exploration concessions covering 1,000,000 acres in the prolific Pannonian Basin of Western Romania; the Doukkala exploration permit covering 500,000 acres in onshore Morocco with conventional and unconventional potential; 3 exploration permits in New Zealand; and a joint venture exploration program covering 8000 gross acres in California. The company was formerly known as Avere Energy Inc. and changed its name to East West Petroleum Corp. in August 2010. East West Petroleum Corp. was incorporated in 1987 and is based in Vancouver, Canada.

east west petroleum corp (EWPMF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$197.9K
Chief Financial Officer, Director, Member of ...
Total Annual Compensation: C$33.0K
Compensation as of Fiscal Year 2011.

east west petroleum corp (EWPMF) Key Developments

East West Petroleum Corp Announces Resignation of James Dewar as Director

East West Petroleum Corp. announced that Mr. James Dewar has tendered his resignation as a director. Mr. Dewar has agreed to join the Company's Advisory Committee where he will provide ongoing consultation services on an as needed basis.

East West Petroleum Corp. Appoints Chris Beltgens as Corporate Development Manager

East West Petroleum Corp. announced the appointment of Mr. Chris Beltgens as Corporate Development Manager effective April 2, 2013. Most recently, Mr. Beltgens spent three years at GMP Securities Europe where he was a founding member of the London oil & gas team. Prior to GMP, Mr. Beltgens was in the corporate finance team of Tristone Capital.

East West Petroleum Corp. and Naftna Industrija Srbije Receive Approval for Mineral Resources to Proceed with Proposed Phase 1 Work Program for the Ex-2 Tria Concession, Romania

East West Petroleum Corp. announced that the company and its partner Naftna Industrija Srbije have received approval from the Romanian National Agency for Mineral Resources to proceed with the proposed Phase 1 work program for the EX-2 Tria Concession, Romania, which will take place over 2013 and 2014. The 2013 Phase 1 work program will consist of environmental baseline and environmental impact studies, 2D and 3D seismic acquisition and processing, geological and geophysical (G&G) studies, plus the drilling of at least one exploration well. Further G&G studies and a minimum of two additional wells will be drilled in 2014. Seismic tendering is currently underway. ILS will be the operator with an 85% participation interest, with East West holding the remaining 15%.

 

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EWPMF

Industry Average

Valuation EWPMF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 146.6x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 8.9x
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