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Pan Orient evaluates 2011 year-end Thailand reserves


Published Mar 22, 2012
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Pan Orient Energy Corp.-2

Pan Orient Energy Corp. provides the results of its December 31, 2011 independent reserves evaluation for Thailand on-shore concessions.

The evaluation was conducted by Gaffney, Cline & Associates (Consultants) Pte. Ltd. of Singapore ("Gaffney Cline") for the Thailand assets and was prepared in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities.

Crude oil reserves in Thailand at December 31, 2011 have been assigned to our four on-shore concessions in Thailand, being Concession SW1, Concession L44/43, and Concession L33/43 where Pan Orient is the operator and has a 60% working interest, and Concession L53/48 where Pan Orient is the operator and has a 100% working interest.

Tags: Pan Orient Energy Corp.




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