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 > Rideing Coattails ?

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Comment by nozzpackon Apr 19, 2022 7:30am

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Post# 34612422

RE:RE:RE:RE:Rideing Coattails ?

Strong Congruence in area sought and timing, along with recent delay in VLE AGM to approve change of business/material development.

Might include TNZ but that would be a guess.

I see POE acquiring VLE for its cash, with perhaps VLE spinning out its Deep Thrace..or at least that is my preferred, if not dream outcomes

GLTA

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