Pan Orient Energy Corp.

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 2,259 BOPD, 3,135 [...]

Pan Orient Energy Corp. reports 2021 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, 2021 and [...]

Pan Orient Energy Corp. announced today that it intends to continue the ability to purchase its common shares pursuant to the renewal of its normal course issuer bid through the TSX Venture Exchange . Under the terms of the bid, Pan Orient will be authorized to purchase, for cancellation, up to 3,920,884 of its common shares , subject to a maximum [...]

Pan Orient Energy Corp. reports 2021 first 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 Venture. The Company [...]

Pan Orient Energy Corp. is pleased to provide an update on the drilling program in Thailand. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) On March 18, 2021 the Company reported that a two to three well appraisal drilling program had commenced with the L53-DD10 well which had just completed drilling, and that it [...]

Pan Orient Energy Corp. reports 2020 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. is pleased to report that the drilling of the L53-DD10 well, the first of a firm two well development drilling program, has commenced. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) The L53-DD10 development well is targeting the AA sand that was encountered in the offsetting L53-DD7 well [...]

Pan Orient Energy Corp. , on behalf of Pan Orient Energy Ltd. , announced the results of its December 31, 2020 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 [...]

Pan Orient Energy Corp. announced today that it has amended its normal course issuer bid to add an automatic share purchase plan. The plan permits purchases of Pan Orient common shares through the facilities of the TSX Venture Exchange during certain trading blackout periods. An automatic share purchase plan agreement with Mackie Research Capital [...]

Pan Orient Energy Corp. reports an update on Thailand operations. Thailand Concession L53 L53-DD9 Appraisal well As announced on November 12, 2020, the L53-DD9 appraisal well encountered approximately 29 meters of combined net oil pay in the four main producing sands . Of particular note, the CC sand was encountered 5 meters structurally higher [...]