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Company News: Page (1) of 1 - 12/12/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page

East West Petroleum Awarded Three Concessions With Partner Tag Oil in Taranaki Basin, New Zealand By translation@irw-press.com (IRW-PRESS)
East West Petroleum Awarded Three Concessions With Partner Tag Oil in Taranaki Basin, New Zealand



Vancouver, British Columbia: December 11, 2012 East West Petroleum Corp. (TSX-V: EW) (the Company” or East West”) is pleased to announce that it has been awarded participation interests in three attractive exploration concessions in the Taranaki Basin, onshore New Zealand. The three petroleum exploration permits 54876, 54877 and 54877, part of a 2012 Government of New Zealand competitive exploration bid round, lie within the emerging Taranaki onshore Basin oil and gas fairway, offsetting TAG Oil Ltd.s (TSX: TAO) (TAG”) Cheal Field production permit and New Zealand Energy Corp.s (TSX-V: NZ) Copper Moki discoveries. The 2012 awards were announced in Wellington on December 11th by the Honourable Phil Healey, Minister of Energy and Resources.


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