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

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Comment by Public_Heelon Jun 25, 2012 6:54pm

251 Views

Post# 20053158

RE: RE: RE: RE: News out

<< . Considering that the 0.75 dividend theoretically should reduce the value of POE stock by a similar figure (less cash equates to less book value/shareholder equity etc.) I'm happy to see that the drop is nowhere near that large so far >>

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That's an easy mistake to make, but still a mistake. The stock will drop 75 cents the morning it goes ex-dividend. Any prior drops are for other reasons...

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