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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
Post by MarkAbleon Feb 21, 2020 12:34pm
241 Views
Post# 30718258

Another dividend would be nice

Another dividend would be niceHopefully all the cash that is now being generated will result in another .40 cent per share dividend that POE rewarded its shareholders with about five years back. The price of the stock right now is ridiculously low given its ongoing successes and exploration program in Thailand. Even the company thinks its worth purchasing at $1.22
Bullboard Posts