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).

TSXV:CEC - Post by User

CanAsia Energy Corp

Bullboard Posts

Post by nowizon Jan 29, 2008 10:00am

349 Views

Post# 14279779

$20.00 Tristone

POE.V - Calgary-based oil and gas company with exploration and development assets in Thailand and Western Canada. A heavy oil asset at Sawn Lake AB, partially owned (55.4%) by POE has estimated prospective resources of about250mmbbls (consolidated reserves report pending) and the company has current net production capacity of ~3500 bopd. Tristone analyst view: Reiterate outperform and increase price target to C$20.

Bullboard Posts

How one company is disrupting PoC testing