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 > Stock price

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Comment by nozzpackon Sep 01, 2022 8:02am

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Post# 34934764

RE:Stock price

You may get some dumping initially but longer term, oil prices should remain robust which is good for SAWN Lake.

Plus we dont yet know what news might be releeased once all shares are in investors accounts.

There is of course the status of the planned Asia acquisition plus any development plans for Sawn Lake.
I will hold my shares until the full future perspective is known

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