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 Feb 14, 2017 2:11pm

258 Views

Post# 25844598

RE:RE:Counter Cyclical

c0014377, I like your style. You are a playa! I have a smaller (way, way smaller) position than you and am strugling with the delimma of what to do if this thing runs pre-drill , say to 4$?Sell half and play with house money? Hang on for the ride? Sell all and be happy with 400%? Would then still be a 20% shot , but with considerably more downside risk.

Quality problem and hopefully one we all face soon.

Any thoughts?

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