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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 working interests in, four heavy oil sand leases with 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 100% 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

Bullboard Posts
Post by jewel1on Oct 10, 2007 1:19pm
377 Views
Post# 13548433

Outlook for POE?

Outlook for POE?I am wondering if it is better to sell POE and switch to other stocks which seem to be performing better, i.e. Oilexco, or if it is better to hold on. I don't know what to make of the most recent news, given the sell off. I agree that the sell off has been on low volume, which is positive as it doesn't indicate that institutions are selling. It seems to have lost momentum however. Does anyone have any idea as to the time frame when we can expect more news, and what news does the market want? what upside is there?
Bullboard Posts