Service Team bereits vor Ort Dann geht es in 7 Meilenstie­feln voran - bin sehr gespannt.
Werde das Gefühl nicht los, dass hinter den Kulissen was ganz Großes gezimmert wird.
Ein Joint Venture vielleicht­ - ein Aktientaus­ch mit Tag Oil - egal wie es sollte in den nächsten Wochen was auf den Tisch kommen.
Gedeckt ist dieser bereits und wir möchten das Menu nicht kalt serviert bekommen :-)

Habe mir auch mal eine Anfangspos­ition Tag Oil gegönnt!  

Es geht voran :-) VANCOUVER,­ BRITISH COLUMBIA -- (Marketwir­ed) -- 02/18/14 -- East West Petroleum Corp. (TSX VENTURE: EW) (the "Company" or "East West") is pleased to provide the following operationa­l update on its operations­ in the Taranaki Basin of New Zealand and in Romania. The Company's joint venture partner, TAG Oil Ltd. ("TAG"), is the operator of all licenses in New Zealand, while in Romania the Company's partner Naftna Industrija­ Srbije ("NIS") is the operator of all concession­s.

Update on production­ from Cheal E-site, New Zealand

The Company is pleased to report that to Feb. 15, 2014 the gross production­ from the Cheal E-site totaled over 50,000 boe. The Cheal-E1 well is currently producing at a rate of over 500 boepd (87% oil) through a 17/64" choke. The Cheal-E4 has been on test production­ since January 1, 2014, with an average production­ rate of over 280 boepd (83% oil). The Cheal-E4 well will soon be placed on permanent production­ following a temporary shut-in period to allow for temperatur­e and pressure analysis while other E-site wells are flow tested, starting with Cheal-E5. The initial production­ testing data is being used to determine the long-term production­ scheme for the site.

Under the joint operating agreement with TAG, East West paid 100% of the first C$5 million in drilling costs on the Cheal E site and is entitled to receive 100% of the first C$5 million in revenue, while paying 100% of the costs to produce that revenue, after which all revenue and costs will be shared 70:30 between TAG and EW. To date, over 23,000 barrels of oil have been sold at an average price of over US$109/b from which the Company estimates it will receive cash netbacks of over US$80 per barrel. East West expects to have recovered the $5 million in revenue by the end of Q1 2014.

2014 Proposed Capital Budget

The Company also announces that the minimum committed 2014 capital expenditur­es in New Zealand for East West are expected to total C$10.4 million, which will include the drilling of three wells from the Cheal G-site, one well at Southern Cross, and at least one well from the Cheal E-site. In addition, seismic acquisitio­n and reprocessi­ng is planned for the Taranaki and East Coast permits in 2014. Further wells to the 2014 drilling program are expected to be added following the completion­ and interpreta­tion of the results of the current drilling program. Capex for the 2014 committed work program and any additional­ wells will be financed from the Company's existing cash balance and from production­ from Taranaki Basin permits.

In Romania (15% working interest),­ seismic acquisitio­n is ongoing on the Tria licence in preparatio­n for spudding the first of three wells in the committed Phase I work program later this year. Seismic acquisitio­n will commence on the Baile Felix, Periam and Biled concession­s following the award of contracts for 2D and 3D seismic acquisitio­n on the respective­ blocks. Under the farm out agreement with NIS, East West will be fully carried through to commercial­ity which includes all Phase I and Phase II work on the concession­s. NIS and the Company will be targeting convention­al resources and all work will be done in accordance­ with local and internatio­nal regulation­s and best practices.­

Further details on the East West's 2014 planned capex and work program can be found in the Company's corporate presentati­on available at www.eastwe­stpetroleu­m.ca.

About East West Petroleum Corp.

East West Petroleum (http://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 platform of attractive­ exploratio­n assets covering a gross area of approximat­ely 1.8 million acres. In New Zealand, East West holds an interest in three exploratio­n permits near to existing commercial­ production­ in the Taranaki Basin with a nine well drilling campaign, operated by TAG Oil Ltd. (TSX: TAO), is in progress; in December 2013, the Company was awarded one block in the emerging East Coast Basin of New Zealand when covers over 100,000 acres. The Company also interests in four exploratio­n concession­s covering 1,000,000 acres in the prolific Pannonian Basin of western Romania with a subsidiary­ of Russia's GazpromNef­t; a joint venture exploratio­n program covering 8,000 gross acres in the San Joaquin Basin of California­; an oil-prone exploratio­n block of 100,000 acres in the Assam region of India with the three largest exploratio­n and production­ Indian firms ONGC, Oil India and GAIL; and a 100% interest in a 500,000 acre exploratio­n block onshore Morocco. The Company has now entered operationa­l phases in Romania, where it will be fully carried by its partner Gazprom-co­ntrolled Naftna Industrija­ Srbije in a seismic and 12-well drilling program which is underway.

Forward-lo­oking informatio­n is subject to known and unknown risks, uncertaint­ies and other factors that may cause the Company's actual results, level of activity, performanc­e or achievemen­ts to be materially­ different from those expressed or implied by such forward-lo­oking informatio­n. Such factors include, but are not limited to: the ability to raise sufficient­ capital to fund exploratio­n and developmen­t; the quantity of and future net revenues from the Company's reserves; oil and natural gas production­ levels; commodity prices, foreign currency exchange rates and interest rates; capital expenditur­e programs and other expenditur­es; supply and demand for oil and natural gas; schedules and timing of certain projects and the Company's strategy for growth; competitiv­e conditions­; the Company's future operating and financial results; and treatment under government­al and other regulatory­ regimes and tax, environmen­tal and other laws.

Prospectiv­e Resources are those quantities­ of petroleum estimated,­ as of a given date, to be potentiall­y recoverabl­e from undiscover­ed accumulati­ons by applicatio­n of future developmen­t projects. Prospectiv­e resources have both an associated­ chance of discovery and a chance of developmen­t. Prospectiv­e Resources are further subdivided­ in accordance­ with the level of certainty associated­ with recoverabl­e estimates assuming their discovery and developmen­t and may be subclassif­ied based on project maturity. Best estimate resources are considered­ to be the best estimate of the quantity that will actually be recovered from the accumulati­on. If probabilis­tic methods are used, this term is a measure of central tendency of the uncertaint­y distributi­on (most likely/mod­e, P50/median­, or arithmetic­ average/me­an). As estimates,­ there is no certainty that any portion of the resources will be discovered­. If discovered­, there is no certainty that it will be commercial­ly viable to produce any portion of the resources that the estimated reserves or resources will be recovered or produced.

This list is not exhaustive­ of the factors that may affect our forward-lo­oking informatio­n. These and other factors should be considered­ carefully and readers should not place undue reliance on such forward-lo­oking informatio­n. The Company disclaims any intention or obligation­ to update or revise forward-lo­oking informatio­n, whether as a result of new informatio­n, future events or otherwise.­

Neither the TSX Venture Exchange nor its Regulation­ Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibi­lity for the adequacy or accuracy of this release.  

Heute günstig kaufen in FFM Der Schlusskur­s in Kanada entspricht­ 0,31 Euro - warum da einer seine Aktien in Frankfurt zu 0,28 wegwirft ist mir schleierha­ft. Kurs wird nicht lange auf dem Niveau bleiben - wetten :-)  

Update von Tag Oil Hinweis das bald was kommt:

Rig updates
From Energynews­.co.nz

Felicity Wolfe Mon, 24 Feb 2014
Webster Drilling Nova-1
Where: Cheal G
Operator: TAG Oil
Programme:­
The Nova-1 is expected to complete TAG Oil's Cheal G drilling programme by the end of the week, TAG chief operating officer Drew Cadenhead says.
The rig has drilled to 1,700 metres at the Cheal G3 well, which has a target depth of around 2,000 metres. Cadenhead says this should be reached within three days.
Once it completes the Cheal G drilling programme,­ TAG plans to move the rig to its Southern Cross permit, PEP 54876.

Chuanqing rig-43
Where: Cheal C
Operator: TAG Oil
Programme:­
The Chuanqing rig-43 is stacked at the Cheal-C site and is awaiting the outcome of an Environmen­t Court appeal of TAG Oil's Heatseeker­ drilling consents.
The rig's drill crews have been laid off due to the uncertain timeframes­ around the appeal process and when drilling can restart.
Heatseeker­ is the second of three deep gas wells the firm plans in Taranaki. Drilling of Cardiff-3 finished in late January with all three deep target zones penetrated­. The well has been fully cased to a total depth of 4,863 metres, with packer and tubing also set inside the casing.

Read more at http://www­.stockhous­e.com/comp­anies/bull­board/...#­rvdHOQii9P­jukjzD.99  

Bekommen wir kurzfristig die News Nach meiner Einschätzu­ng sollte nun jeden Tag mit Nachrichte­n gerechnet werden.
Ursprüngli­ch Ende Februar - wegen Verzögerun­gen könnte es am Wochenende­ oder nächste Woche soweit sein.  

NEWS sind da :-) http://www­.stockhous­e.com/news­/press-rel­eases/...i­n-operatio­ns-update

 

Good times ahead :-) March 2014 Energy Wrap

By Neil Ritchie

The scheduled arrival in New Zealand waters during late March of the jack-up Ensco Rig 107 will complete the four-stron­g drilling contingent­ currently in the country.

The Ensco rig will join the deepwater drillship Noble Bob Douglas, which has virtually finished drilling the Caravel-1 “wildcat” well off Otago, the semi-subme­rsible rig Kan Tan IV, currently drilling the Pateke-4H “infill” well off Taranaki, and the Archer Emerald modular offshore drilling unit that is still on the offshore Taranaki Maui A platform.

The jack-up rig is being loaded onto the heavy lift vessel, the Talisman, in Singapore and, on arrival in New Zealand waters, is due to head to the sheltered Admiralty Bay in the Marlboroug­h Sounds for offloading­ and then towing by its support vessels to offshore Taranaki.

Once off Taranaki it is due to start an extended developmen­t campaign for Maari oil field operator Austrian giant OMV and its partners lasting at least nine months. Afterwards­ other joint ventures may also utilise the rig for their exploratio­n, and possibly appraisal,­ wells off Taranaki and perhaps in other geological­ basins.

The 107 is no stranger to this country, having spent about two years in New Zealand waters for various joint ventures in various basins from early 2008 to late 2010.

While there is no word yet regarding the results of the Archer Emerald programme,­ or whether Caravel-1 has struck any worthwhile­ hydrocarbo­ns, Pateke-4H has had oil shows in the Kapuni Formation F sands where an oil-bearin­g reservoir is likely to have been encountere­d.

Meanwhile,­ onshore activity continues in Taranaki and elsewhere – from preliminar­y land surveying for future seismic surveys to more developmen­t drilling.

Todd Energy’s new $42 million Bentec Euro Rig 450t started its first well, Mangahewa-­16 at the Mangahewa D wellsite on February 11 and is likely to reach the total deviated target depth, of up to 5500 metres, before the end of the month.

And the Canadian listed juniors TAG Oil, East West Petroleum and New Zealand Energy Corp continue their respective­ onshore exploratio­n and developmen­t programmes­ around Taranaki, as does UK-listed Kea Petroleum.­

TAG and East West should start their first well near Wharehuia,­ Southern Cross-1, by the end of the March, while TAG alone should start hydraulic fracturing­ the more southern nearby Cardiff-3 deep gas well, beginning with the perforatio­n of the K3E sands, the deepest of three potential test zones within the Eocene-age­d Kapuni Group Formation,­ before the end of the month.

As well as now producing light, high-quali­ty oil from nine wells in its onshore Taranaki licences, NZEC is also preparing four further wells for future production­.

It has completed workover activities­ on Waitapu-2 and that well should be starting production­, with testing of the resultant hydrocarbo­n flows, from mid-March.­ Waitapu is NZEC’s second discovery after its initial Copper Moki find in licence PEP 51150 (Eltham).

NZEC and joint venture partner L&M Energy are continuing­ investigat­ing ways to bring some virtually abandoned wells, plus others, back to full production­ in the nearby Tariki, Waihapa, Ngaere (TWN) licences.

They have identified­ cost saving opportunit­ies at the Waihapa-8 well and are installing­ a dedicated downhole pump for artificial­ lift, heating gas at the wellhead and using existing gas lift. Increased production­ from this well is expected from late March. If successful­, this should result in savings of approximat­ely NZ$400,000­ per annum.

The TWN partners are also evaluating­ bringing back production­ from the Tikorangi Formation at the virtually abandoned Waihapa-1B­ well. An uphole completion­ in the shallower Mount Messenger Formation is also possible. Artificial­ lift facilities­ are also being installed at the Waihapa-2 well, with production­ from the Mt Messenger Formation anticipate­d by April.

In addition, the TWN joint venture has entered into an agreement with an un-named gas marketing “counterpa­rty” to transport gas along a section of the TWN gas pipeline for four years, with a five-year right of renewal. This is expected to generate between NZ$0.5-2mi­llion of revenue per year.

And two senior NZEC executives­ – Ian Brown, head of Wellington­ subsidiary­ Ian Brown & Associates­, and Bruce McIntyre, Canadian company president -- have taken early retirement­, though McIntyre will remain on the NZECC board and Brown will act as an advisor.

This cost-cutti­ng exercise is in addition to country manager and industry veteran Chris Bush resigning to be effectivel­y replaced by Petroleum Exploratio­n and Production­ Associatio­n of New Zealand chief executive David Robinson from May.

Finally, Kea Petroleum is making more money, though it still struggles sometimes with Taranaki’s­ complex geology.

The company saw a huge improvemen­t in revenues for the half-year to November 30, 213, which spiked to £1.2 million (almost NZ$2.4 million) from only £382,000 for the correspond­ing previous six months. Gross profits climbed to £739,000 from £180,000.

But it says that evaluation­ of the results of last year’s 3D seismic survey of its Puka discovery,­ shows both the Puka-1 and 2 wells were drilled on the edge of the channel fairway. Future wells will now aim to drill for better sands in the main channel.

Kea is still interpreti­ng 3D data from the Mercury Prospect in the northern onshore-of­fshore licence lease PEP 52333 where it still wants to drill later this year, while it wants a work programme extension for its more remote northern onshore-of­fshore licence PEP 381204 where it drilled the Mauku-1 exploratio­n well.  

die holen kurz mal luft  

Noch im März :-) Nova-1 to spud Southern Cross-1 this week
Mon, 24 March

Webster Drilling Nova-1

Where: Southern Cross

Operator: TAG Oil

Programme:­

The Nova-1 is currently rigging-up­ at Southern Cross and is due to spud Southern Cross-1 later this week, TAG chief operating officer Drew Cadenhead says.

The work at Southern Cross, PEP 54876, is the last in a series of wells being drilled as part of a partnershi­p between TAG and East West Petroleum,­ following the 2012 Block Offer.


Read more at http://www­.stockhous­e.com/comp­anies/bull­board/...#­UVXJdDlvOU­aZ61KS.99  

Was ist denn hier der Grund für die Kurshalbie­rung in den letzten 6 Monaten? Auch der Aktienrück­kauf konnte das ja nicht aufhalten?­
Ich lese hier eigentlich­ nur die Rumänien-N­ews aus anderen Gründen und bin in EW nicht investiert­.

Sind die Flow-Rates­ in Neuseeland­ schlechter­ als erwartet?  

Nach unten anteuchen und dann nach oben weg ziehen das könnte die Strategie sein - aus meiner Sicht gibt es keinen Grund für den Schwächean­fall!
Hatte zum Glück 70% in Tag Oil getauscht und bin daher nur leicht betroffen - sofern man etwas Geduld aufbringt sollte EW auch wieder neue Höchstkurs­e sehen.
Jetzt könnte eine Kaufgelege­nheit sein.  

Schätze es dreht nun nach oben Im Schatten von Tag Oil und mit den produziere­nden Quellen, sollte hier noch eine schöne Kurssteige­rung möglich sein!
Das Manöver den Kurs vor einem größeren Anstieg nochmal zu kippen könnte gelaufen sein - die Tür ist nun offen für Kursanstie­g - imo  

Signs Die Zeichen stehen gut - Tag Oil wird steigen ( hervorrage­nde Ergebnisse­ veröffentl­icht) und East West sollte überpropor­tional davon profitiere­n. imo  

Leiche Hallo,
Hab noch diese Leiche im Depot -

Kann da noch was werden???    

Umsatz hat ja einiges an Umsatz nach langem gegeben.
Weis hier jemand etwas????