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

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Comment by Sonny7on Jul 10, 2012 1:18pm

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Post# 20098634

RE: RE: L53-D2ST3 discovery

Birchjunk, I'm sure that all of the pay zone in the reported 65m interval would be perforated, but to achieve 5000 bbl/day might be unreasonable due to natural constrictive restraints within the production string and surface equipment at the wellhead......assuming the formation is normally pressured. 65m speaks to a larger volume reservoir and by the nature of it's volume then production should (likely would) show higher production rates than 1200 bbl/day

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