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Level 38 - EREPION
The answer to this puzzle is:
Words: PEREION, PEREON, PERNIO, REPINE, REOPEN, ORPINE, RIPEN, ORPIN, OPINE, PREEN, PRION, REPIN, IRONE, PION, PORN, PORE, REIN, REPO, PONE, PEON, PIER, PERI, PEEN, PERE, NORI, NOPE, NOIR, NEEP, PINE, INRO, ERNE, RIPE, NEE, PIE, ROE, EON, REP, PRO, ERE, POI, PEE, ORE, NOR, NIP, IRE, ION, ONE
Bonus words:
PEREION, PEREON, PERNIO, REPINE, REOPEN, ORPINE, RIPEN, ORPIN, OPINE, PREEN, PRION, REPIN, IRONE, PION, PORN, PORE, REIN, REPO, PONE, PEON, PIER, PERI, PEEN, PERE, NORI, NOPE, NOIR, NEEP, PINE, INRO, ERNE, RIPE, NEE, PIE, ROE, EON, REP, PRO, ERE, POI, PEE, ORE, NOR, NIP, IRE, ION, ONE