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

Comment by practicalguyon Dec 04, 2019 9:44am

167 Views

Post# 30420447

RE:RE:RE:RE:RE:Volume 10 shares

I don't find the lack of volume concerning. In my opinion there are a lot of people unwilling to sell, me included. Buyers are unwilling to reach up to buy in.

Most junior exploration plays I have owned have declined significantly post spud. POE is the exception. I agree the timing of a news release should be next week. Looking forward to an (hopefully) early Christmas present.

Bullboard Posts

Meeting the projected lithium and copper supply imbalance