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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 GreenGeckoon Dec 05, 2019 4:33pm
223 Views
Post# 30426572

RE:We are back at $2.50

RE:We are back at $2.50But one must admit there is a muted excitement amongst shareholders.  Me and my investor group here stateside have high hopes for this one.  Our oil and gas guy has explained that he jbelieves the company has enough production and resource in pocket that the Anggun result, if negative, will have little medium-term downside, and if positive, could blow the top off this one.  None of us has sold our shares.
Bullboard Posts