CanAsia Energy Corp. is a junior oil and gas oil company, which engages in the exploration of oil and natural gas. The company is headquartered in Calgary, Alberta. The firm 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 firm 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).
Follow-Up Questions
Who is the CEO of CanAsia Energy Corp?
Mr. Jeff Chisholm is the President of CanAsia Energy Corp, joining the firm since 2005.
What is the price performance of CECAF stock?
The current price of CECAF is $0.06, it has decreased 0% in the last trading day.
What are the primary business themes or industries for CanAsia Energy Corp?
CanAsia Energy Corp belongs to Energy industry and the sector is Energy
What is CanAsia Energy Corp market cap?
CanAsia Energy Corp's current market cap is $6.7M
Is CanAsia Energy Corp a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for CanAsia Energy Corp, including 3 strong buy, 5 buy, 1 hold, 0 sell, and 3 strong sell