Pan Orient Energy

$1.99 Outperform
Target: C$3.80
SymbolPOE.V
ExchangeCDNX
Trade Date-
Last Trade1.99
Change+0.02 - +1.02%
52-week Range1.81 - 5.54
Market Cap112.8M
Volume57861
Dividend YieldN/A
Price/Sales1.42
P/E Ratio5.40
Pan Orient is a Canadian 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 concessions located on-shore Thailand; 2) interests in production sharing contracts on-shore Indonesia; and 3) Canadian oil sand properties. The Corporation has interests in four concessions in Thailand and is the operator for all four concessions with a 60% working interest in three and a 100% working interest in the fourth.

Currently the Company has oil production on 2 of the 60% W.I. concessions which represents 100% of the Company's current production. The Company has operated interests in two production sharing contracts onshore Indonesia: 1) Batu Gajah (90%); and 2) Citarum (69%).
An Oil and Gas Play-by-Play: Chen Lin
Citizen Economists (blog) - May 4, 2012
By The Energy Report, on May 4th, 2012 Chen Lin isn't one for doom-and-gloom prophecies, nor is he particularly interested in energy-related political squabbles.
An Oil and Gas Play-by-Play: Chen Lin
NASDAQ - May 3, 2012
Chen Lin isn't one for doom-and-gloom prophecies, nor is he particularly interested in energy-related political squabbles. As the title suggests, the publisher of What Is Chen Buying/Selling?
Pan Orient Energy Corp Issues FY 2012 Production Guidance
Reuters Key Development - Apr 25, 2012