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Oil and Gas: Fortune Favors the Bold
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Buy Signals You Can’t Ignore
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Dear Reader,
Crude oil has almost doubled in value from its February 2016 lows, and there are signs that it will move higher over the course of 2017. This can be attributed to the agreement between OPEC and key non-OPEC oil producers to shave roughly 1.3 million barrels per day off their collective output. That reduction has gone a long way towards rebalancing global oil markets, which have been caught in a prolonged supply glut since late 2014.
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Immediately Consider Purchasing Shares of
East West Petroleum (TSXV:EW & US:EWPMF)
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Special Situation Alert!
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I am predicting that crude oil could rise to as high as USD$70 per barrel by the end of the year. This is extremely timely for beaten-down energy stocks, with many poised to boost investments in exploration and development as prices rise.
This is why I believe investors could potentially make a fortune with East West Petroleum! This is a company with a $10 million market cap that could realistically go to $50-$100 million with the right set of news and circumstances.
This company is headed by David Sidoo as President and CEO, one of the most successful entrepreneurs in all of Vancouver. He is truly a resource legend, and this is where he plans to make his next mark in the oil and gas space.
He’s positioned his company in two strategic locations to explore for oil and gas, which include New Zealand and Romania.[/vc_column_text][ultimate_spacer height=”35″][/vc_column][/vc_row][vc_row full_width=”stretch_row_content” bg_type=”bg_color” css=”.vc_custom_1485549105308{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}” bg_color_value=”#f4f4f4″][vc_column][vc_column_text]
Pursuing New Zealand
[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1489858568884{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column css=”.vc_custom_1493943295177{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;}”][vc_column_text css=”.vc_custom_1493943308267{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;}”]With generous fiscal terms, an established oil and gas industry, and a politically stable environment encouraging oil and gas investments, New Zealand is an attractive country for oil and gas exploration. Currently, all production in New Zealand is from the Taranaki Basin, located near the west coast of the North Island where commercial gas was discovered in 1959.[/vc_column_text][vc_single_image image=”238882″ img_size=”large” alignment=”center”][vc_column_text]
EW is pursuing its New Zealand properties in a big way and could have
some catalyzing news that could shock the markets here in 2017.
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Upcoming Catalysts
[/vc_column_text][ultimate_icon_list icon_size=”18″ icon_margin=”8″][ultimate_icon_list_item icon=”Defaults-play”]Cheal E site, PEP 54877, has commenced a waterflood program with an initial response projected to be seen in calendar Q3 2017. Previous waterflood programs in the Taranaki Basin have shown significant increases in oil production following these programs.[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-play”]Drilling has begun on the Cheal E8 well, the first well in its 2017 exploration and development program in the Taranaki Basin of New Zealand. This well is targeting the producing Urenui formation and is expected to take 20 days to reach a planned total depth of 2,100 meters with an estimated gross well cost of NZ $1.0 million to East West.[/ultimate_icon_list_item][/ultimate_icon_list][/vc_column][/vc_row][vc_row full_width=”stretch_row_content” bg_type=”bg_color” css=”.vc_custom_1485549105308{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}” bg_color_value=”#f4f4f4″][vc_column][vc_column_text]
Pursuing Romania
[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1493949204890{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column width=”2/3″ css=”.vc_custom_1493949230689{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text]Romania has been a leading oil and gas producer in Eastern Europe for over 150 years. Today, Romania remains the largest producer of oil and gas in Central and Eastern Europe, with production of approximately 87,000 bpd of liquids and 1 bcfpd of gas. Romania holds a number of onshore and offshore petroleum basins that are considered under-explored. In particular, the industry is targeting significant potential in the offshore Black Sea area and deeper untested plays onshore.
Our Progress and Our Terms
In June 2010, East West was awarded 1,000,000 acres covering four blocks located in the prolific oil and gas bearing Pannonian Basin in Western Romania. In October of 2011, East West farmed out 85% to our now Joint Venture partner, NIS (Naftna Industrijia Srbije) whereas NIS will fully fund the program to commerciality. The first well has been drilled and coring and coring completed on hydrocarbon bearing zones encountered during drilling, followed by wireline logging. Gas prices in Romania have remained stable beyond $10/MCF. Romania has plenty of gas infrastructure for immediate production revenue if drilling is successful.[/vc_column_text][vc_column_text]
Upcoming Catalysts
[/vc_column_text][ultimate_icon_list icon_size=”18″ icon_margin=”8″ css_icon_list=”.vc_custom_1493949241541{margin-bottom: 0px !important;padding-bottom: 0px !important;}”][ultimate_icon_list_item icon=”Defaults-play”]Test results from 6 separate zones on the first well drilled in the EX-7 Periam Block expected May 2017.[/ultimate_icon_list_item][/ultimate_icon_list][/vc_column][vc_column width=”1/3″ css=”.vc_custom_1493949219880{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][ultimate_spacer height=”10″][vc_single_image image=”238896″ img_size=”large” alignment=”center” onclick=”img_link_large”][/vc_column][/vc_row][vc_row css=”.vc_custom_1489858578481{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text css=”.vc_custom_1493949189399{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;}”]EW is aggressively pursuing exploration in New Zealand and Romania, which could prove to be extremely profitable to early investors. This is not what I would call a low-risk energy investment, but it could very well be high-reward.
The shear infancy and upward potential — backed by one of the best entrepreneurs in the resource space — is exactly what has attracted me to this energy stock. As the price of crude oil appreciates over the course of 2017, capital flow into the sector will ramp up and East West Petroleum could be one of the greatest beneficiaries.[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row_content” bg_type=”bg_color” css=”.vc_custom_1485549105308{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}” bg_color_value=”#f4f4f4″][vc_column][vc_column_text]
Consider Shares of
East West Petroleum (TSXV: EW & US: EWPMF)
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As it trades well under my by-up-to price of CAD$0.30 and USD$0.22.
Best Regards,
Daniel Ameduri
President, FutureMoneyTrends.com[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator][vc_column_text]Disclaimer
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Other Disclosures:
Gold Standard Media and Future Money Trends LLC are owned by the same members. Gold Standard Media was compensated sixty thousand USD for digital marketing services paid for and for the benefit of East West Petroleum. Future Money Trends has been compensated fifty thousand CAD for digital market of East West Petroleum.
The content of this message is re-published by Gold Standard Media (GSM), paid for by the companies and sent to select email lists through booked and scheduled by GSM to provide readers with information on selected publicly traded companies.
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Gold Standard Media and Future Money Trends LLC are owned by the same members. Gold Standard Media was compensated sixty thousand USD for digital marketing services paid for and for the benefit of East West Petroleum. Future Money Trends has been compensated fifty thousand CAD for digital market of East West Petroleum.[/vc_column_text][/vc_column][/vc_row]
