Pan Orient Energy Corp.

Pan Orient is a Canadian publicly listed (TSX-V: POE) junior oil and natural gas company based in Calgary, Alberta, Canada. The Company's principal properties are divided into three distinct groups: 1) partially developed concession located on-shore Thailand; 2) interest in a production sharing contract on-shore Indonesia; and 3) Canadian oil sand properties;

The Company's 50% owned subsidiary Pan Orient Energy (Siam) Ltd. is operator with a 100% working interest in oil producing Concession L53/48 on-shore Thailand.

The Company has interests in the East Jabung production sharing contract on-shore Indonesia (49% and non-operated after farmout).

The Company's 71.8%-owned subsidiary Andora Energy Corporation ("Andora") holds interests ranging from 10% to 100% in 88 contiguous sections of heavy oil sands leases in the Sawn Lake Property which lies within the central Alberta Peace River Oil Sands area. Andora is operator of a demonstration project at Sawn Lake which produced bitumen from one steam-assisted gravity drainage ("SAGD") well pair from September 2014 to February 2016.


Expert Comments:

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"Pan Orient Energy Corp. released good production numbers as it is generating $2M+ pretax cash flow every month. The company is working hard on selling both Thai and Canadian assets, and I hope both of them will be concluded soon."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"We are getting very close to the end game with Pan Orient Energy Corp. . .the company is planning to distribute $0.40 cash and wrap up deals of selling the Thailand assets as well as the Canadian assets by mid-2022. Barring any collapse of the oil price, I think both deals will go through smoothly and we will get another big dividend(s); this $0.40 is only the down payment."

headshot of Bill Newman

Bill Newman, Research Capital Corporation

"Pan Orient Energy Corp. announced the initiation of a process to accelerate shareholder value, which could involve the sale of both the Thailand assets and Canada assets. The company also announced plans to pay a $0.40/share special distribution to shareholders."

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"Pan Orient Energy Corp. is not moving yet; I strongly believe the stock is very undervalued at the current oil price. Recently, the company stopped buying back shares; this usually means it has significant events underneath."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"I think in the short term it is bullish for energy into this winter; Pan Orient Energy Corp. obviously will benefit greatly as it is trying to sell its Thailand assets. Maybe the oil sands in Canada could get some interest at the current oil price."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"Pan Orient Energy Corp. is increasing cash levels while buying back shares rapidly, however, it stopped share purchase in the past month after receiving the new simulation results because these results are significantly material. . .the company is planning to drill four more wells before 2021E. All of these will add to the reserve report next year while Pan Orient builds up its cash balance and continues buying back shares."

More Expert Comments

Experts Following This Company

headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
headshot of Bill Newman
Bill Newman, Vice President, Senior Analyst – Research Capital Corporation
headshot of Jay Taylor
Jay Taylor, Author – Jefferson Financial, Inc.

Company News 

11/10/2021 – Pan Orient Energy Corp. - 2021 Third Quarter Financial & Operating Results

The information provided above is from analysts, newsletters, the company and other contributors.

Pan Orient Energy Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Pan Orient Energy Corp. Content