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CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

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

Bullboard Posts
Comment by garpikeon Jul 18, 2000 6:30pm
291 Views
Post# 2212229

Bye, bye, darling

Bye, bye, darlingI just said good bye to this little darling at 8 cents, a loss of almost 50%. My own fault. Earlier this year I decided to buy no more mining and oil CDNX ponies, because even a reasonably experienced "investor" doesn't seem to have a a reasonable chance. This time it's for good, although I am not at all adverse to gambling. Back to the technologies where the risks are high, but where a good idea can at least be understood and appreciated, and where badly written NRs and news blackouts are no asset.
Bullboard Posts