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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
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(2)
•••
Comment by derbon99on Sep 04, 2012 9:57am
281 Views
Post# 20314250

RE: RE: Thai approvals come thru!

RE: RE: Thai approvals come thru!

Good news

Just a bit boring to wait the end of Q4 for more action

The downside seems limited but the upside as well during this period

Just hope the second rig they brought can find something in Indonesia, in the ST the only catalyst IMO

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities