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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 kelsterman69on Nov 03, 2016 8:41pm
249 Views
Post# 25422835

RE:RE:RE:RE:RE:Buying opportunity coming ?

RE:RE:RE:RE:RE:Buying opportunity coming ?
so you are saying that they are going to sell everything but sawn lake before X-mas??? what are you smoking? we found a farm out partner in Repsol (ex Talisman) and we have them spending the first $10 million drilling a lease that could be worth in the multi billions of dollars and then a month or so before they start drilling we are going to sell it? So investors can get another $50 million or so in mrkt cap? I freakin hope not
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities