Pan Orient's quarterly report out today:
Commenting today on Pan Orient's first quarter 2014 results, President and CEO Jeff Chisholm stated: "The first quarter of 2014 and subsequent period have seen positive results and significant progress made across all three of Pan Orient's operating regions. Of particular note, a significant milestone was achieved with first steam injection at the Sawn Lake steam assisted gravity drainage ("SAGD") demonstration project. With regard to recent political events in Thailand, we have not experienced any impact to our current operations and do not anticipate any impact on our planned future operations."
Highlights
First Steam injection commenced at the Sawn Lake, Canada, SAGD demonstration project.