Chen's email Pan Orient Energy Corp. (POE.v) provided an update on its operation in the Q2 reports this morning. From my first glance, there were more delays from the 3 major operations. The current well, Jatayu 1, Batu Gajah, and L53 in Thailand. Traders obviously didn't like it and traded it down. We are in exploration business, these delays are out of the control of the management. POE has big cash position and is not raising money any time soon so the delay will have very little impacts to outcome. As an investor, I am staying calm and waiting to collect my dividend early month. It will be a big check since I have a sizable position.