Pan Orient Energy Corp. reports 2020 third 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 nine months ended September 30, 2020 [...]
Pan Orient Energy Corp. reports an update on Thailand drilling. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) Total Concession L53 oil sales have averaged 3,532 barrels of oil per day , on a gross 100% basis, over the past four days since bringing onto production the L53-AA2, L53-DD7 and L53-DD8 wells. This is a [...]
CALGARY, AB, Aug. 20, 2020 /CNW/ - Pan Orient Energy Corp. reports an update on Thailand drilling. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) The L53-DD7 well was drilled from the DD oilfield wellpad to a total measured depth of 1,467 meters at a subsurface location 607 meters south-southwest. This well was [...]
Pan Orient Energy Corp. reports 2020 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, 2020 and [...]
Pan Orient Energy Corp. reports an update on Thailand drilling. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) The L53-DD8 well was drilled from the DD oilfield wellpad to a total measured depth of 1,353 meters at a subsurface location 490 meters southwest. This well was drilled at a location which was furthest down [...]
Pan Orient Energy Corp. reports an update on Thailand drilling. THAILAND Concession L53 Onshore Ltd., in which Pan Orient has 50.01% ownership) The second phase of the 2020 drilling program commenced in late June with the L53-BB1 exploration well, drilled from a surface location approximately 1.9 kilometers north of the L53-DD oilfield. After [...]
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 4,228,734 of its common shares , subject to a maximum [...]
Pan Orient Energy Corp. reports 2020 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. reports 2019 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. provides an operations update. THAILAND Onshore Concession L53 Ltd., in which Pan Orient has 50.01% ownership) L53-AA2 Exploration Well Pan Orient Energy Corp. is pleased to announce that the L53-AA2 exploration well has encountered approximately six meters of probable high quality net oil pay in the AA sandstone reservoir [...]
Pan Orient Energy Corp. provides an operations update. THAILAND Onshore Concession L53 Ltd., in which Pan Orient has 50.01% ownership) Pan Orient Energy Corp. is pleased to announce that the L53-DD6ST2 appraisal well has averaged 967 barrels of oil per day over the past 24 hours from 7.4 meters of perforations within the BB/CC sand with a water cut [...]
Pan Orient Energy Corp. , on behalf of Pan Orient Energy Ltd. , announced the results of its December 31, 2019 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 [...]