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 outerspaceaon Jun 23, 2000 2:39am

333 Views

Post# 2105531

RE:GOOD NEWS AND WAIT NEWS

YOU ARE SOMEWHAT RIGHT FOR THAT PRICE...BUT WE NOW NO THIS IS NOT A DRY HOLE. N.R. WAS VERY POSITIVE...NEXT STEP IS TO UNPLUG THIS HOLE. LET'S SEE... HIT HIGH GRADE OIL AND GAS WITH NO WATER ON FIRST HOLE... THERE ARE 2 MORE TARGETS TO BE DRILLED....ICING ON THE CAKE. "MAN" THIS IS TURNING OUT TO BE A SO SWEET OIL PLAY.... STOCK ONLY AT 13 CENTS YUMMY.

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