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 > Annual Meeting Next Tues

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Comment by Nergyon Jan 14, 2022 4:23pm

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Post# 34318823

RE:Annual Meeting Next Tues

bullhorn3 wrote:
It looks like people are loading up with POE shares now that the annual meeting is near. I presume that the company will report record quarterly results, no big deal in itself, because many companies are reporting record results. However, as POE's 2 assets presumably will be sold in the next few months, the record results may increase the returns from the sales.

Let's hope I would be dissapointed if the asset sale wouldn't generate 100 MCAD.

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