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East West Petroleum Provides Further Update on Romania
East West Petroleum Corp. (the “Company” or “East West”) provides a further update on the status of its Romanian concessions and work programs. As outlined in the press release dated July 8, 2013, the Company and its partner, and operator, in Romania, Naftna Industrija Srbije (“NIS”) have recently awarded the seismic acquisition contract for the Tria concession. The Company is please to report that seismic permitting is now underway. The Baile Felix, Periam and Biled concessions continue to move through the approval process. The three agreements are now under review by the last Ministry involved in the review process.
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