CanAsia Energy Corp V.CEC

Alternate Symbol(s): CECAF

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. The Company has working interests in, four heavy oil sand leases with 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 100% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).

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CanAsia Energy Corp

Bullboard Posts

Post by c0014377on May 12, 2014 4:52pm

465 Views

Post# 22552523

Insider Purchase

Director Cam Taylor bought 100k shares on open market. I'll take that as a good sign.

I wouldn’t have thought an insider could purchase shares prior to a news release. Even if the Indo news isn’t imminent they certainly have an idea what it’s going to look like by now. Man, wish I was C-level at an oil company in Canada… That’s where the money is. :)

Bullboard Posts

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