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 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).

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CanAsia Energy Corp

Bullboard Posts

Comment by dorinhoon Jan 10, 2008 9:27am

403 Views

Post# 14179399

RE: Buying more... not yet...

Compadres! As with bfw I just had to buy some more in the mid 13's yesterday. Pre-bids just before opening are below 13. Take this for what it is ... a buying opp that we have rarely had these past several months. Production proven now warrants at least a 15 SP, thus regardless of short-term froth, prospects are sensational into 2008 and beyond. Buena suerte a todos in this very, very difficult market! Dorinho

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