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Bullboard - Stock Discussion Forum CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

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... see more

TSXV:CEC - Post Discussion

CanAsia Energy Corp > Another good news from DD-10 well
View:
Post by 101OilMan on Mar 23, 2021 4:12am

Another good news from DD-10 well

DD-10 well hit 38 meters oil pay from 4 sands. Rig moved to DD-12 already. PA of AA (1.86 sq.km.) area has already been approved since 12 March 2021.
Comment by Bulldog8mystock on Mar 23, 2021 2:37pm
Jeff states that'The appraisal drilling program is expected to be completed in April 2021, at which time the company 'will be in a position to best determine the future of the Thailand asset that would maximize shareholder value.'" This could mean a possible buyout
Comment by Lucky2021 on Mar 25, 2021 1:14am
I don't mind if they determine the future of pandora project first and let Thailand make money and finance future explorations!!!