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CanAsia Announces Bid Pursuant to the Onshore Thailand 25th Licensing Round
CanAsia Announces Bid Pursuant to the Onshore Thailand 25th Licensing Round Canada News...
About this update from Canasia Energy Corp
[{"type":"text","content":"\n\n\n\n CanAsia Announces Bid Pursuant to the Onshore Thailand 25th Licensing Round\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n July 23, 2025\n \n\n /CNW/ - CanAsia Energy Corp. (\"\n \n CanAsia\n \n \") (TSXV: CEC) announced today that it has submitted a bid, as part of a consortium, with a non-operated 30% participating interest, pursuant to the previously announced onshore\n \n Thailand\n \n 25\n \n th\n \n licensing round\n \n\n\n\n\n\n\n\n\n\n Onshore\n \n Thailand\n \n 25\n \n th\n \n Licensing Round Bid\n \n\n\n CanAsia, as part of a consortium, have submitted a bid (the \"\n \n Bid\n \n \") to the government of\n \n Thailand\n \n for one concession pursuant to the onshore\n \n Thailand\n \n 25\n \n th\n \n licensing round for a contract to explore for, develop, produce, and market oil or gas, in the exploration block onshore\n \n Thailand\n \n (the \"\n \n Concession\n \n \").\n \n\n Given the competitive nature of the bid process, CanAsia does not currently intend to provide additional details with respect to the Bid or the Concession unless and until a Concession is awarded.\n \n\n CanAsia expects that the government of\n \n Thailand\n \n will announce awards of concessions pursuant to the 25\n \n th\n \n licensing round in the first quarter of 2026. There can be no assurance that the government of\n \n Thailand\n \n will accept CanAsia's Bid on the terms proposed or at all.\n \n\n\n CanAsia is a\n \n Calgary, Alberta\n \n based oil and gas company with operations\n \n\n in\n \n Western Canada\n \n .\n \n\n\n\n This press release contains forward-looking information within the meaning of applicable Canadian securities laws.  Forward-looking information is generally identifiable by the terminology used, such as \"expect\", \"believe\", \"estimate\", \"should\", \"could\", \"will\", \"anticipate\" and \"potential\" or other similar wording.  Forward-looking information in this press release includes, without limitation, references to the Bid, including the expected timing of awards of...