CanAsia Energy Corp.
Resource Estimate
CANASIA ANNOUNCES DECEMBER 31, 2025 CONTINGENT BITUMEN RESOURCES FOR SAWN LAKE, ALBERTA SAGD PROJECT OF ANDORA ENERGY CORPORATION
CanAsia Energy Corp. announced an updated National Instrument 51-101 compliant contingent bitumen resource estimate for its Sawn Lake SAGD project in Alberta, Canada, effective December 31, 2025. The unrisked best estimate contingent resources are 351.9 million barrels, with a risked best estimate of 299.1 million barrels, evaluated by Sproule ERCE. The report highlights significant volumes and positive net present values, but notes that the resources are contingent on factors such as funding, commodity prices, and regulatory approvals.