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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Post by mepecachewon Jun 06, 2000 11:12pm

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Post# 2026188

Reason to believe there's oil out there

6/1/00 - Grants Stock Options PAN OCEAN EXPLORATIONS INC (+POE-V;PNOXF-L+) - Grants Stock Options The Company wishes to announce that it has granted incentive stock options to certain directors and employees of the Company which will allow them to purchase a total of 500,000 shares of the Company at a price of $0.13 per share for a total of two years. TEL: (604) 685-2286 Brent Jardine, President FAX: (604) 685-0513 TOLL FREE: 1-800-361-8333 ______________________________________

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