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CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

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

Post by nozzpackon Sep 01, 2022 4:53pm
159 Views
Post# 34936605

24th Thailand Offshore Block Auction

24th Thailand Offshore Block AuctionThis is my bet as to our new Asia asset.
First auction in 15 years and CanAsia is again probably one of the bidders.

A reprise for POE more or less and most probably with a JV partner.

Low capital bid costs and raise money if successful.


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