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Article: Pan Orient Energy Corp.: Thailand Operations Update.
- Article from:
- Marketwire Canada
- Article date:
- October 13, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Oct 13, 2009 (Marketwire via COMTEX) -- Pan Orient Energy Corporation (TSX VENTURE:POE) is pleased to report that it has confirmed the testing of oil at commercial rates from the second horizontal appraisal of the Bo Rang "A" field and confirmed hydrocarbons in a shallow volcanic above the L44-W field.
Bo Rang "A" Field (lower volcanic zone)
L44-VD2ST2 Appraisal well (60% WI and operator)
L44-VD2ST2 is currently producing on a 90 day production test allowance at a stabilised rate of 548 barrels per day of 35 API gravity oil with minor amounts of gas and a BS&W of approximately 0.01%.
This well was the second horizontal ...