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Pan Orient Energy Corp. (TSXV:POE) reported its operational update.
Pan Orient Energy Corp. (TSXV:POE) reported its operational update.
As quoted in the press release:
THAILAND OPERATIONS
Concessions L44, L33 & SW1 (Pan Orient 60% working interest and operator)
NSE-F6 Development Well
Currently on production at a rate of approximately 1,000 BOPD gross (600 BOPD net to Pan Orient) from the main volcanic reservoir within the NSE-F1 field. This is the first high rate well drilled at the NSE-F1 field, with two previously drilled wells testing initially at less than 60 BOPD gross (36 BOPD net to Pan Orient). We are very encouraged by this result and plan three follow-up appraisal wells prior to year end.
WBEXT-1DST2 Development Well
Well currently on production at a rate of approximately 80 BOPD gross (48 BOPD net to Pan Orient) from the WBEXT WBV1 volcanic reservoir.
Click here to read the Pan Orient Energy Corp. (TSXV:POE) press release
