Pan Orient Energy Corp.

Indonesia East Jabung PSC Pan Orient Energy Corp. is pleased to announce that the quarry permit that was required in order to commence construction of the Anggun-1X exploration well access road has been approved and road construction has commenced. The operator now estimates the Anggun-1X exploration well will commence drilling sometime between [...]

THAILAND Onshore Concession L53 Ltd., in which Pan Orient has 50.01% ownership) Pan Orient Energy Corp. is pleased to announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1,125 meters. This interpretation was based [...]

Pan Orient Energy Corp. reports 2018 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, 2018 and [...]

CALGARY, Alberta, June 13, 2018 -- Pan Orient Energy Corp. announces that five directors: Jeff Chisholm, Gerry Macey, Michael Hibberd, Richard Alexander and Cameron Taylor were reelected at the Company’s annual and special meeting held on June 12, 2018. Shareholders can access the June 12, 2018 Pan Orient Annual and Special Meeting [...]

CALGARY, Alberta, May 16, 2018 -- Pan Orient Energy Corp. reports 2018 first 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 three [...]

CALGARY, Alberta, April 24, 2018 -- 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 4,514,494 of its [...]

CALGARY, Alberta, March 22, 2018 -- Pan Orient Energy Corp. reports 2017 year-end and fourth 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 Corporation is today filing its audited consolidated financial statements as at [...]

CALGARY, Alberta, Feb. 08, 2018 -- Pan Orient Energy Corp. announced today that it granted options to directors, officers and employees to purchase an aggregate of 1,560,000 common shares under Pan Orient’s stock option plan. Each option has an exercise price of $1.09 , vests as to one-third on the grant date and one-third on each of the [...]

CALGARY, Alberta, Jan. 31, 2018 -- Pan Orient Energy Corp. , on behalf of Pan Orient Energy Ltd. , announced the results of its December 31, 2017 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 [...]

Pan Orient Energy Corp. is providing an operations update. Thailand Onshore Concession L53 The L53AC-C1 deviated exploration well was drilled to a depth of 1,453 meters true vertical depth and encountered two zones of interest based on oil shows observed while drilling and open hole wireline logs. Upon further investigation of these two zones of [...]