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

Bullboard Posts

Post by bullhorn3on Jun 28, 2017 1:47pm

366 Views

Post# 26414863

What is best for Repsol?

If the well is dry, Repsol will walk away having lost the cost of drilling. If the well is a gusher, it is in Repsol's interest to buyout POE's 49% stake, or buy POE. I don't post often, but this is too good to miss. Thank you for the $1.78 contribution to my retirement fund that somone provided to me today.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario