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 interests in 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 75% 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 dowdon May 07, 2017 12:52pm

229 Views

Post# 26213928

RE:RE:RE:Some recent photos of tne AYU-1 drill site

Also, the lady in the photo is part of the medical team. Very professional to have the medic team view the site a month or more before spud. And it was Repsol that reprocessed the seismic and found the very large basement formation LTAF that is not included in reserves esimate prepared for POE.

yes, I am liking Repsol a whole lot at this point and would not mind getting a lot of Repsol shares in a merger :) :)

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