April 23 (Reuters) - East West Petroleum Corp EW.V :
* EAST WEST PETROLEUM - CORPORATE UPDATE
* EAST WEST PETROLEUM CORP - MANAGEMENT IS CURRENTLY ASSESSING OPTIONS AVAILABLE TO REALIZE VALUE FROM ITS 30% HOLDING IN CHEAL PERMITS
* EAST WEST PETROLEUM CORP - HAS BEEN APPROACHED BY PARTIES INTERESTED IN ACQUIRING CO'S INTEREST IN CHEAL PERMITS