RE:RE:RE:RE:RE:RE:Post DrillingFrom Market Wired: Pan Orient Energy Corp. TSX VENTURE : POE |
July 31, 2017 08:30 ET
Pan Orient Energy Corp.: AYU-1X Drilling Update
CALGARY, ALBERTA--(Marketwired - July 31, 2017) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is providing an operations update.
INDONESIA
East Jabung PSC (Pan Orient 49% & Non Operator)
The operator of the East Jabung Production Sharing Contract has advised that the AYU-1X exploration well commenced drilling on July 29th, a nine day delay from the anticipated July 20th date discussed in Pan Orient's July 5th press release.
It is anticipated that the well will reach total depth on or about August 31st, 33 days from the commencement of drilling.
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.