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

Post by speedemonon Jun 11, 2012 5:00pm

328 Views

Post# 20001057

cbelow cash value

Thanks Rock07, I'm interested in other cash /value plays, if you don't mind sharing names of other co's.

Where can you get $2.75 cash plus cash flow and exploration upside for $2.40.

Seems POE is ready to get some results from Indonesia, and divest the Canadian play. So many drivers of share price. I will be on the bid tomorrow as well. Hope the funds keep liquidating their positions.

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