Pan Orient Energy Corp.

Pan Orient Energy is a Canadian publicly listed junior oil and natural gas company. The Company's principal properties are located in three diverse locations: In Thailand, 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.

In Indonesia, the Company has interests in three production sharing contracts on-shore: Batu Gajah (77% and operated), Citarum (97% and operated); and East Jabung (49% and non-operated after farmout).

In Canada, the Company’s 71.8%-owned subsidiary Andora Energy Corporation 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.

Expert Comments:

This Alberta-based energy company is ready to move to well production testing.
read more >
Bill Newman, Mackie Research Capital (11/12/18)
"This morning, Pan Orient Energy Corp. announced that the follow-up L53-DD2 appraisal well in Thailand encountered about 32m of net oil pay. Production testing of the L53-DD1 discovery well and the L53-DD2 well is expected to commence early next week."

This joint venture-owned asset moves one step closer to drilling.
read more >
Bill Newman, Mackie Research Capital (10/23/18)
"Pan Orient Energy Corp.'s L53-DD1 exploration well was drilled to a total vertical depth of 1,323m and encountered 26m of interpreted net oil pay within three sandstone zones. . .production testing is expected to commence after the L53-DD2 appraisal well has been drilled and completed. Within the next five days POE plans to spud the L53-DD2 appraisal well from the same drilling pad, targeting a location updip from the discovery well."

Analyst Bill Newman with Mackie Research Capital Corp. provided a post-Q1/18 update on this energy firm.
read more >
Bill Newman, Mackie Research Capital (5/17/18)
"In Q4/18 Pan Orient Energy Corp. plans to spud the Anggun-1X well. . .the well is targeting both the Batu Raja formation and the same well-developed, porous Gumai sandstones reservoir encountered in the Ayu-1X and the Elok-1X wells but much closer to the crest of the large structural closure. . .we maintain our Buy and $3.25 target."

More Expert Comments

Experts Following This Company

Bill Newman, Senior Analyst, Energy – Mackie Research Capital

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.