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 > Date of capital return?

<< Previous

Bullboard Posts

Next >>

Comment by radcaton Jul 27, 2022 10:48am

152 Views

Post# 34853657

RE:RE:RE:Date of capital return?

Like I said, I would have preferred to keep L-53 and receive distributions instead of selling for a stink bid price. Why would we give up revenue for from Jan 1st when the deal closes in August. Are we getting a 8 months interest on the money we are receiving? Knowing this would you still want this deal? Not me!

<< Previous

Bullboard Posts

Next >>

TELUS adds 347K customers in Q3