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).

TSXV:CEC - Post by User

CanAsia Energy Corp

Bullboard Posts

Comment by dowdon Apr 05, 2018 7:58am

137 Views

Post# 27834270

RE:Pre spud accumulation phase

I was hoping for a july spud with stock accumulation happening in June. Now they say “about September” which sounds like October with results in November.

I think we have no choice but to accept that not much is going to happen in the next 90-120 days but I hope I am wrong on this. This could be a blessing is disguise if the oil price moves up between now and then along with a change in investor sentiment towards a tiny junior exploreco like POE.

The only thing I am looking forward to is the new presentation for the AGM in June to see what their updated thinking is on the Gumai.

Bullboard Posts

One of the strongest contenders to lead Canada’s cannabis market