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Pan Orient (POEFF)

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Last Post: 3/5/2017 2:51:23 AM - Followers: 4 - Board type: Free - Posts Today: 0

Corporate Profile 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) interests in production sharing contracts on-shore Indonesia; and 3) Canadian oil sand properties; Thailand The Corporation has interests in oil producing concession L53 in Thailand and is the operator with a 100% working interest. Indonesia The Company has operated interests in four production sharing contracts onshore Indonesia: 1) Batu Gajah (77%); 2) Citarum (97%); and 3) South CPP (77%) and East Jabung (100%). 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.
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