East West Petroleum Corp. announced that the company has been informed by JV Partner NIS that drilling operations have commenced. Drilling of the first well in EX-7 Periam block, in the Pannonian Basin of Western Romania, commenced on January 21, 2017. The well will be targeting conventional oil and gas-bearing zones and will be drilled to a total depth of approximately 2,500 m, consisting of two primary and three secondary geological targets. Coring will be completed on hydrocarbon bearing zones encountered during drilling, followed by wire line logging. Drilling and testing of the well is forecasted to take 50 - 60 days in the accordance with the high ecological standards.