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

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Comment by c0014377on Aug 27, 2014 12:01pm

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Post# 22882415

RE:Mackie Research

Research analysts at Mackie upped their target price onshares of Pan Orient Energy (CVE:POE) from C$3.00 to C$4.00 in a report released on Friday. The firm currently has a “buy” rating on the stock. Mackie’s price target points to a potential upside of 79.37% from the stock’s previous close.

Separately, analysts at Jennings Capital initiated coverage on shares of Pan Orient Energy in a research note on Tuesday, May 27th. They set a “buy” rating and a C$3.75 price target on the stock

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