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Bullboard - Stock Discussion Forum
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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Bullboard (TSXV:CEC)
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(24)
•••
radcat
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Comment by
radcat
on May 08, 2022 10:05am
RE:RE:RE:RE:Next Strategic Move
Hope you are right. 70 cents would be very disappointing.
(53)
•••
bullhorn3
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Comment by
bullhorn3
on May 08, 2022 8:43am
RE:RE:RE:Next Strategic Move
I was making fun of Nozzie's prediction. I don't beleive $0.70 for one minute.
An Expanded Presence in the Athabasca Basin With Option Agreements to Acquire Two URANIUM Properties
posted Apr 24, 2024 9:00am by
Inspiration Energy Corp
-
|
These 2 new, exciting projects we are joint venturing dovetail extremely well with our existing portfolio of uranium projects. This new relationship will provide many exploration synergies for shareholders ...read more
(24)
•••
radcat
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Comment by
radcat
on May 08, 2022 7:57am
RE:RE:Next Strategic Move
Once again, if $0.70 is all we are being offered for L-53 and Sawn Lake then I prefer to keep L-53 and use the revenue to purchase other assets whatever they may be. As for Sawn Lake, Jeff didn't
...more
(1940)
•••
nozzpack
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Comment by
nozzpack
on May 06, 2022 6:26am
RE:RE:Next Strategic Move
I think you misspelled your Avatar. Its equivalence to El Torro poo poo fits you much better.
(53)
•••
bullhorn3
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Comment by
bullhorn3
on May 05, 2022 8:24pm
RE:Next Strategic Move
I have a friend, and he has a PhD in Analysis, no, not Nuclear Physics, something better... Analysis and he guarantees that only 70 cents will be coming our way. I can refer you to his forceful
...more
(1940)
•••
nozzpack
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Post by
nozzpack
on May 05, 2022 5:40pm
Next Strategic Move
So, here is how they have laid out the denouement of their strategic . Sell all remaining assets...S Lake and Onshore Thai...and return received net cash to shareholders . My calculations show that
...more
(53)
•••
bullhorn3
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Comment by
bullhorn3
on May 04, 2022 8:20pm
RE:RE:RE:RE:RE:Andora Energy
As I read the text, Andorra received $0.5M rather than paying $0.5M, in order to transfer away the seller's obligations for abandonment, clean-up, up-keep, etc. Of course, we, on this board hope
...more
(1940)
•••
nozzpack
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Comment by
nozzpack
on May 04, 2022 6:11pm
RE:RE:RE:RE:Andora Energy
It seems from a logical point that the Seller has been forced into accepting the Green lunacy , hence Andora had to pay only a nominal sum of $0.5 m. The logic behind Andora accepting the
...more
(10)
•••
Sudirman2
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Comment by
Sudirman2
on May 04, 2022 4:19pm
RE:RE:RE:Andora Energy
Seems odd given their statement in the year end; OUTLOOK CORPORATE In the fourth quarter of 2021, the Company announced a process to accelerate shareholder value given the mid to late stage
...more
(2)
•••
kelsterman69
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Comment by
kelsterman69
on May 04, 2022 7:33am
RE:RE:Andora Energy
I agree Radcat. They need to realease what that means to Pan Orient. Where did Andora get the money to buy it? I remember awhile ago Pan Orient gave them money to keep operating? Hopefully it
...more
(24)
•••
radcat
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Post by
radcat
on May 04, 2022 7:31am
From Businesswire
Maurel & Prom paid Andora $0.5 million to take 25% of sawn lake off of its hands. Am I reading this right? Site abandonment costs? M&L's Deep Well O&G stake would be another 5% to
...more
(24)
•••
radcat
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Comment by
radcat
on May 04, 2022 6:56am
RE:Andora Energy
This is a material event and POE should be issuing a news release very soon. Maurel and Prom I believe paid $40 million for their 25% stake. Did Pan Orient have a hard time selling their 50% and will
...more
(4)
•••
dowd
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Post by
dowd
on May 03, 2022 10:11pm
Andora Energy
This is from the latest Maurel and Prom earnings release: "" In Canada, M&P sold its 25% stake in the Sawn Lake project in March 2022 to its partner Andora, which already owned 50%
...more
(1940)
•••
nozzpack
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Post by
nozzpack
on May 01, 2022 1:16pm
Coming Soon
We are now into May, a month that I envisage disclosure of the sale of the remaining onshore assets and quite possibly the results of any bids in the 34th auction which is entirely for offshore blocks
...more
(24)
•••
radcat
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Post by
radcat
on Apr 28, 2022 4:23pm
Thailand Auctions
Looks like auctions that Jeff expressed interest in are underway... Gas and oil deals inked in Thai gulf PUBLISHED : 22 APR 2022 AT 04:00 NEWSPAPER SECTION:
...more
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