East West Petroleum CEO Greg Renwick:
Greg Renwick, CEO of East West Petroleum commented, “The Board and management of the Company are extremely pleased to have commenced this major exploration drilling program in New Zealand. This area of the Taranaki Basin is a proven petroleum province and numerous prospective areas have been identified for future drilling.”
East West’s Chairman, David Sidoo, also commented:
David Sidoo, Chairman of East West added, “The work program developed by the joint venture is very aggressive and was designed to test the many prospects we hold. We are looking forward to the results of these first wells and continuing to develop our prospects and opportunities in New Zealand with TAG.”