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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Comment by Sudirman2on Jan 15, 2017 4:01pm

614 Views

Post# 25710445

RE:sudirman2

This is the POE website???? I would hope anyone posting here would have an interest.
Perhaps my frustration with Management is showing through. Not my intent.

Still not sure there is any associated tax loss with an asset impairment. Will leave that to the Certified Public Bean Counters in the crowd to chime in. Anyone? Anyone? Bueller?

And let's not forget this is the most watched road build in the entire energy space. So we got that going for us.

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