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 ValueCaton Jul 03, 2019 11:42am

182 Views

Post# 29883392

RE:RE:RE:RE:Which comes first??

Actually, Wall Street has zero interest in throwing money at tight oil plays.,
any energy company that tries to outspend cash flows sees their stock price crushed.

investors focused on free cash flow generation.
you seem to be thinking of a time when the land grab for the shale plays was going on

One would hope and expect POE to monetize a major discovery

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