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Re: bhumiartha post# 1491

Wednesday, 05/28/2014 9:37:31 AM

Wednesday, May 28, 2014 9:37:31 AM

Post# of 2595
More detail from Pan Orient

Canada - Sawn Lake (Operated by Andora, in which Pan Orient has a 71.8% ownership interest)

Andora has a 50% working interest in the Sawn Lake SAGD demonstration, and is the operator. For Phase 1 of the SAGD demonstration project, one SAGD well pair was drilled in the fourth quarter of 2013 to a depth of 650 meters and have a horizontal length of 780 meters, and construction of the SAGD facility for steam generation, water handling and oil treating has been completed in 2014. Steam injection at the Sawn Lake SAGD demonstration project commenced on May 21, 2014. After three months of steam injection, bitumen production is anticipated in approximately August 2014.

Depending on results of the first SAGD well pair in Phase 1, Andora will proceed with Phase 2 of the demonstration project. The second phase would include the drilling of two additional SAGD well pairs and the associated expansion of the SAGD facility.

Pan Orient is a Calgary, Alberta based oil and gas exploration and production company with operations currently located onshore Thailand, Indonesia and in Western Canada.



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