Pan Orient Energy Corp. (POE: TSXV), on behalf of its 71.8% owned subsidiary Andora Energy Corporation ("Andora"), is pleased to release the March 31, 2022 Contingent Bitumen Resources Report ("Resources Report") which is a National Instrument 51-101 compliant resources evaluation for Andora's oil sands interests at Sawn Lake Alberta, Canada, as evaluated by independent qualified reserves evaluator Sproule Associates Limited ("Sproule"). The evaluation included all of Andora's Oil Sands Leases a
Pan Orient Energy Corp. ("Pan Orient") (TSXV: POE) announced today that it has entered into an agreement to be acquired by a subsidiary of DIALOG Group Berhad (7277 – Bursa Malaysia) and for Pan Orient's non-Thailand business to be transferred to CanAsia Energy Corp. ("CanAsia"), a new company to be owned by Pan Orient shareholders.