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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
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Comment by Chreca1on Feb 11, 2020 12:03am
213 Views
Post# 30671254

RE:RE:RE:RE:RE:RE:RE:What is happening to POE?

RE:RE:RE:RE:RE:RE:RE:What is happening to POE?
Nergy wrote: Are you still holding on to your POE shares Chereca, I'm still holding although I wish I would have switched them to TXP when we were in the 2.50 range, then I could have retired now. Anyway I think we are way to low now, but the lack of news and Thai government corruption is putting a lot of pressure. I will hold at least until we're back to 1.50, That's the low point value of the Thai assets.


No, I`m not holding POE, sold after Anggun as I saw greener pastures elsewhere (TXP) but I agree this is a cheap SP given cash and Thai assets alone, just not providing the high impact targets anymore I need to keep the excitement going.
 
Hope to see you over at the TXP BB Nergy !
Cheers
Chreca

Bullboard Posts
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