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Bullboard - Stock Discussion Forum CanAsia Energy Corp CECAF


Primary Symbol: V.CEC

Energy Oil & Gas E&P
CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development... see more

TSXV:CEC - Post Discussion

CanAsia Energy Corp > Sawn Lake Possibility
View:
Post by nozzpack on May 27, 2022 8:15am

Sawn Lake Possibility

An investment of my is developing a combined geothermal and fossil fuel power generation project in the Swan Hills where our Sawn Lake Canada assets are.

They are using low productivity mature oil wells as their fossil fuels but because this is partly a " Green " project they are getting $14,4 million in Govt Grants.

Sawn Lake can be profitable at current prices and a geothermal bolt on would add to that profitability .

Just a thought..
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