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

Post by seanyboyon Feb 22, 2017 8:28am

383 Views

Post# 25875951

What is Chen smoking this February?

Chen Lin, What Is Chen Buying? What Is Chen Selling? (2/14/17)

"I am pleased to see Pan Orient Energy Corp. strong[ly] head into the drilling scheduled next month. Someone must have noticed it and are accumulating it. . . I added more shares last month on the "bad" disposal news. But my family is already one of the largest shareholders of POE and I don't want to put too much weight on one single stock."

Maximum 5 weeks until news of at least spudding now, assuming (as has never been smart with POE) that Repsol keeps to schedule. I agree with a previous poster, 0.80 is a lower limit in case of unambiguous failure. Success case probability makes this one worth holding IMHO. GLTA.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario