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CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

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

Bullboard Posts
Comment by Sudirman2on Jul 03, 2019 11:05am
160 Views
Post# 29883221

RE:RE:RE:Which comes first??

RE:RE:RE:Which comes first??Leverage!. Leverage has a face, and you must make a freind of leverage. Leverage and the capital structure are your freinds. If they are not, they are enimies to be feared. 

 If E-J hits, I doubt POE will have any trouble rounding up debt by the truckload. The world is awash in cheap money and POE needs to grab hold. Wall street has no trouble shoveling $$'s at perpetual money losing tight oil plays. They should go full Col. Kurtz over a real find. 
Bullboard Posts