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

Comment by algroveon Jul 29, 2012 4:57pm

320 Views

Post# 20163538

RE: Cement Plug successful

Thanks Rock07 for alerting us to what is happening on the SOU Board. For those interested, here is the full posting by starstriker on the LSE SOU board (Friday:7:36 p.m.), including the e-mail from the CEO of SOU:

"Although I would seriously recommend you email him for yourself, perhaps it was only standard stuff although WE need to be the judge of that based on the stoppage in play.

Dear Graeme

The cement plug is a normal part of operations and is placed in the hole to stop mud losses into the native rock.

The cement has now been drilled through and the well is continuing down

Regards

Gerry

From: *************

Sent: Friday, July 27, 2012 5:32 PM

To: g.orbell@virgin.net

Subject: Conference call clarification

Dear Mr Orbell,

Please can you provide some clarification with regard to the cement plug that must now be used at jatayu.

When was this discovered, date? and how long would you expect before you can announce if it has been a success or failure and if this fix will be announced.

Many thanks

Graeme"