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Pan Orient Slowing Sawn Lake SAGD Project

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Pan Orient Slowing Sawn Lake SAGD Project

Pan Orient Energy Corp., on behalf of its 71.8% owned subsidiary Andora Energy Corporation, has released the December 31, 2014 National Instrument 51-101 compliant resource evaluation for Andora's oil sands project at Sawn Lake Alberta, Canada, as evaluated by Sproule Unconventional Limited.

The evaluation included all of Andora's Oil Sands Leases at Sawn Lake based on exploitation using Steam Assisted Gravity Drainage. This evaluation does not evaluate the exploitation potential through the use of cyclic steam stimulation.

SAGD Demonstration Project Andora is focused on developing the bitumen resources at the Sawn Lake property in the Peace River Oil Sands Region using SAGD development. The first step towards determining the commercial viability of the SAGD recovery process at Sawn Lake…
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