CanAsia Energy is pleased to announce commencement of operations. CanAsia is the result of an arrangement under the Business Corporations Act (Alberta initiated by Pan Orient Energy. CanAsia was incorporated by Pan Orient for the purpose of the Arrangement and now owns the non-Thailand business formerly owned by Pan Orient. The former shareholders [...]
Pan Orient Energy Corp. is pleased to announce the completion today of its arrangement, announced on June 6, 2022, under the Business Corporations Act involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp., Dialog Systems Pte Ltd. and its wholly owned subsidiary, 2432707 Alberta Ltd. As a result of the Arrangement: DIALOG, through [...]
Pan Orient Energy Corp. is pleased to announce that its shareholders overwhelmingly approved, at a special meeting held earlier today, the previously announced, on June 6, 2022, arrangement under the Business Corporations Act involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp., Dialog Systems Pte Ltd. and its wholly owned [...]
Pan Orient Energy Corp. reports 2022 second quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Company is today filing its unaudited consolidated financial statements as at and for the six months ended June 30, 2022 and [...]
Pan Orient Energy Corp. announced today that it has obtained an Interim Order of the Court of Queen's Bench of Alberta providing for, among other things, the holding of a meeting of the holders of common shares of Pan Orient to approve the previously announced arrangement under the Business Corporations Act involving Pan Orient, its wholly owned [...]
Pan Orient Energy Corp. is pleased to release the March 31, 2022 Contingent Bitumen Resources Report which is a National Instrument 51-101 compliant resources evaluation for Andora's oil sands interests at Sawn Lake Alberta, Canada, as evaluated by independent qualified reserves evaluator Sproule Associates Limited . The evaluation included all of [...]
Pan Orient Energy Corp. announced today that it has entered into an agreement to be acquired by a subsidiary of DIALOG Group Berhad and for Pan Orient's non-Thailand business to be transferred to CanAsia Energy Corp., a new company to be owned by Pan Orient shareholders. Pursuant to that agreement , DIALOG Systems Pte Ltd., a wholly-owned [...]
Pan Orient Energy Corp. reports 2022 first quarter consolidated financial and operating results. Please note that all amounts are in CAD unless otherwise stated, BOPD refers to barrels of oil per day and BOPD for Thailand operations represents volumes net to Pan Orient's 50.01% equity interest in the Thailand Joint Venture. The Company is today [...]
Pan Orient Energy Corp. reports 2021 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated, BOPD refers to barrels of oil per day and BOPD for Thailand operations represents volumes net to Pan Orient's 50.01% equity interest in the Thailand Joint [...]
Pan Orient Energy Corp. announced the results of its December 31, 2021 independent reserves evaluation for Thailand on-shore Concession L53/48 where POS is the operator and has a 100% working interest. Pan Orient has a 50.01% equity interest in POS, which is classified as a Joint Venture under International Financial Reporting Standards and [...]
Pan Orient Energy Corp. is pleased to announce that it received shareholder approval today for its previously announced capital reorganization. Over 99% of the votes cast were in favor of the required special resolution. Shareholder approval allowed Pan Orient's directors to set the effective date for the reorganization and the record and payment [...]
Pan Orient Energy Corp. is pleased to provide the following Operations and Corporate update. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. THAILAND Concession L53 Ltd., in which Pan Orient has 50.01% ownership) Thailand oil sales for Concession L53 averaged 3,076 BOPD, 2,745 [...]
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