East West Petroleum Updates on Romanian Exploration Program

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Mon, Jan 23, 2012
Heavy Oil Company News
Post by , Heavy Oil Researcher

East West Petroleum Corp. (TSXV:EW) reported its latest update on the exploration program at the 1,000,000 acre exploration position in western Romania.

As quoted in the press release:

The Company is pleased to report that it has finalized a farmout agreement with Gazpromneft’s Serbian subsidiary, Naftna Industrija Srbije a. d. Novi Sad (NIS), covering the Company’s four exploration Concessions EX-2 (Tria), EX-3 (Baile Felix), EX-7 (Periam) and EX-8 (Biled).

Click here to read the East West Petroleum Corp. (TSXV:EW) press release.

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