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Pan Orient's L53 Block Encounters Pay

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Pan Orient's L53 Block Encounters Pay

Pan Orient Energy Corp. has provided an update on the L53-DC1ST1 appraisal well on behalf of Pan Orient Energy (Siam) Ltd., in which Pan Orient Energy Corp. has a 50% ownership interest. Pan Orient Energy (Siam) Ltd. is the operator of Concession L53 with a 100% working interest.

Pan Orient encounters pay at two wells in the L53 concession onshore Thailand

Concession L53 Onshore Thailand - L53-DC1ST1 Appraisal Well

The L53-DC1ST1 appraisal well has completed drilling to a total measured depth of 1,423 meters (930 meters true vertical depth) in what was a previously undrilled fault compartment through the shallow "ZW" to deeper "A4" sandstone target levels. The deepest portion of the well encountered the "A6" and "A6U" sands within a fault compartment that had been drilled by earlier…

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