CanAsia Energy Corp V.CEC

Brent $103.39

[radcat]

Doesn't seem to have an effect on our shareprice. Where are the "several interested buyers" for L-53? Resource update is now known and we have yet to hear of anything concrete. Thought the sale of our assets would close by Mid-2022, not be announced by then. At $103 Brent and possibly higher prices to come, management should announce the sales of L-53 and Sawn Lake are now off the table. Nobody ever thought we would see $100.00+ oil.

[kelsterman69]

Good post Radcat. I agree and disagree with you.  I think we need to turn the steam on in Alberta, but I think they should sell the Thai asset and get out of those countries all together. If war starts, governments tend to screw foreign owners of vital assets.   Pan Orient failed to acquire any exploration or production opportunities  in Thailand when we had the cash and prices