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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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Comment by seanyboyon Apr 27, 2015 5:10am
229 Views
Post# 23666343

RE:RE:RE:Ramba / Lemang Forefeiture Lawsuit

RE:RE:RE:Ramba / Lemang Forefeiture Lawsuit Hmmm POE's news releases always emphasize that "According to Indonesian law all shared discoveries must be unitized" which I interpret to mean that the plan is to show that the resevoir extends on POE land and then as you say get a smaller share of a larger package. I cant really see why they would want to farm out or jv with discoveries so nearby, except for the horrendous drlling record in indo - was happy that Talisman will be the operator for the other farm out. Tons of value here but not for the impatient...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities