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 > The Cost of Oil Production from 2014 FP (Rystad Energy)

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Comment by radcaton Aug 25, 2022 6:50am

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Post# 34919056

RE:RE:RE:RE:The Cost of Oil Production from 2014 FP (Rystad Energy)

The message i am really trying to convey is if Canasia, owner of Sawn Lake, trades at the same value as my Toronto detached home we will not be around for very long. As far as I am concerned we got Fvcked on L-53 and will likely be on Sawn as well. You and I are not the only people who can do our jobs. Ditto for oil co managers.

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