POE:TSX.V

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;

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 Thailand.

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

Canada
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.

POE:TSX.V

Expert Comments:

headshot of Chen Lin

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

(5/13/22)
"The president and major shareholder of Pan Orient Energy Corp. are planning to liquidate the assets of this company and pay out shareholders. . .with the stock currently selling at less than CA$1, if you own it, you may want to continue to do so."

Chen Lin
read more >
headshot of Jay Taylor

Jay Taylor, Hotline

(3/18/22)
"Note that the large dip in Pan Orient Energy Corp.'s stock chart in February was due to the CA$0.40 payout to shareholders. . .I believe the company is considerably undervalued, especially at current energy prices."

headshot of Chen Lin

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

(3/17/22)
"Pan Orient Energy Corp. reported nice earnings. The company is getting about $0.10/quarter in after-tax cash flow from the Thai oilfield; it has $0.20 in working capital and no debt after the $0.40 payout."

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

(3/3/22)
"Pan Orient Energy Corp.'s accountant is busy calculating if the company needs to stop some wells in order to avoid paying windfall tax in Thailand at $115 oil. If you use last year's production number, about 1.02 MMbbl on a 100% basis, or assume 0.9 MMbbl in production this year, with only a few dollar shipping costs, POE is trading at less than 1x cash flow."

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

(2/24/22)
"For energy stocks, I really like Pan Orient Energy Corp. here; [the company] has no debt, huge free cash flow, and it is trading at about 1x cash flow. The only drawback is that if oil is over $100, Pan Orient may need to cut back production to avoid paying a windfall tax in Thailand, but the oil not produced stays in the ground for next year."

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

(2/22/22)
"Pan Orient Energy Corp. is probably the best play for high oil prices; the company is printing money and just paid $0.40 back. It will likely sell the assets this year; if not, another big dividend will come for sure."

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 Gold, Energy & Tech Stocks

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