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 Sudirman2on Aug 27, 2017 12:14pm

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Post# 26626069

RE:End game

Given the history of this operation, I would put the chance of this drill coming in on time at about 0.00%, +/- .0001%. Would not get too excited that no news is out into mid- late Sept.

With potential for the dreaded 'rain' and the fact that Eid- al -Adha is early Sept, things could go way over their timeline. ( saracasm intended)

Point being , I am expecting a further sell off post Aug 31 as no news comes out.
Just my take on things. Still betting the over line timewise.

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