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 > Another good news from DD-10 well

<< Previous

Bullboard Posts

Next >>

Comment by Bulldog8mystockon Mar 23, 2021 2:37pm

325 Views

Post# 32859433

RE:Another good news from DD-10 well

Jeff states that'The appraisal drilling program is expected to be completed in April 2021, at which time the company 'will be in a position to best determine the future of the Thailand asset that would maximize shareholder value.'"
This could mean a possible buyout

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale