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

Comment by neuralPropheton Aug 05, 2017 6:40pm

352 Views

Post# 26551435

RE:RE:RE:RE:Double Dribble

And forget to add that it had Chen Lin countering the thesis of one of the posts on this bullboard.

..like the risk-reward." Lin explained that in Sumatra, "gas commands a premium because of the undersea pipeline to Singapore, where it carries one of the highest natural gas prices in the world. It is very reasonable to assign $1-2/mcf for the gas resource because the gas price there is close to double digits. Given 6:1 gas to oil ratio, it is about the $10/BOE."

Bullboard Posts

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