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

Bullboard Posts

Comment by Swampdonkeyon Jun 28, 2000 8:31pm

172 Views

Post# 2132283

RE: Its going to TANK

What do you mean it's going to TANK???? Didn't it already TANK??? My last purchase of POE was at $0.23 and you can bet I'm not selling until the price is up over that at least. I certainly don't expect that in the next week but by summer's end hopefully. Besides, at only 5% interest in this project I can't see how a blocked hole is going to kill this stock.

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