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 MarkAbleon Dec 04, 2019 10:11pm

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Post# 30423417

RE:RE:WAGs

Logs: Dec 18th
Net Pay: Motherlode 1 zone 312m
Share price day of NR: $12.55

Test Date: Jan 22nd
Zone: 15550 bbls @ 35 API
Share Price day of NR $22.50

Presentation Date March 1st in conjunction with NR of three new successful wells in Thailand.

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