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 > Chen / Energy Report

<< Previous

Bullboard Posts

Next >>

Comment by radcaton Feb 05, 2022 7:36am

128 Views

Post# 34400620

RE:Chen / Energy Report

On Friday Brent closed at $93.27. Wonder what the net present value is at $93 vs. $75. I predict more! Should the value of L-53 be as low as some predict, I prefer to keep the asset and issue monthly or quarterly distributions instead since management is on a mission to return shareholder value. If Thailand isn't work more than $1 per share, keep it.

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity