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NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy

Pan Orient Energy · Nov 5, 2009 · 20 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 1
    Page 01 AGM November 2009 2008 Pan Orient Energy Corp.
  2. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 2
    Corporate Snapshot Page 03 Share price performance over last 12 months Capital Structure Reserves-Thailand Barrels (NPV(10)after tax) Dec 31/08 Shares Outstanding 46.6 million Proven 5.58MM (115MM) Shares Fully Diluted…
  3. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 3
    2008 Highlights Page 04 Oil production increased to 6,982 bbls/d in 2008 Q4 and averaged 4,947 bbl/d net to Pan Orient for the year (408% increase) Funds flow from operations of 63.9 million, or 1.31 per share Net income of…
  4. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 4
    2008 Results Page 05 2007 2008 2009 CDN Millions (estimate) Funds flow from operations 11.8 63.9 60.0 Capital expenditures 22.2 40.5 62.0 Acquisitions nil 20.2 nil Working capital plus deposits 40.8 46.4 42.0 Long-term debt…
  5. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 5
    2009 Highlights Page 06 4 new field oil discoveries (16.9MM bbls 2C contingent resources & 6.1MM bbls mid case prospective resources)1 setting the stage for 2010 production growth: Bo Rang B (8.2MM bbls net 2C contingent…
  6. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 6
    SE Asia Portfolio Page 07 L33 L33 Thailand Thailand POE: POE: 60% 60% Operator Operator PRODUCTION/EXPLORATION PRODUCTION/EXPLORATION L44 L44 Thailand Thailand POE: POE: 60% 60% Operator Operator L53 L53…
  7. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 7
    Corporate Strategy Page 08 To focus on: Onshore acreage in SE Asia with associated low drilling costs & low opex upon discovery Proven working petroleum systems Shallow oil targets (2,000m max) with stacked, multiple target…
  8. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 8
    2009 Forecast Page 09 2009 2nd Half - WTI Price US per bbl CDN Millions Based on estimated 60.00 65.00 70.00 75.00 average of 4,620 bbls/d for 2009 Thailand - Funds flow from operations 58 59 60 61 Thailand - Capital…
  9. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 9
    L44 2009 Exploration Page 010 L44-W L33 Low Mid High L44 Prospect Name Status Bo Rang A & B MMBBLS MMBBLS MMBBLS NSE-F1 1.9 6.1 16.0 Discovery NSE-I1 n/a n/a n/a Sub Commercial Bo Rang A 2.0 6.2 14.3 Discovery NSE-I1 Bo…
  10. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 10
    NSE-F1 Discovery Page 011 NSE-F1 Tested at 60 bopd 38 API crude Lowest 5 surface pad locations (2-3 wells each) Known Oil expected to be approved in Jan/10 L44-WST1 1,200 BOPD Bo Rang B max BR-2ST1 35 BOPD…
  11. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 11
    Bo Rang A Page 012 1CONTINGENT RESOURCE ESTIMATES BO RANG A Tested at 686 bopd + 3.3MMcfg/d (BR- 1RDST1) 336m horizontal section BR-2 flowed up to 1,348 bfpd (10% drilling mud) before mechanical problems forced the…
  12. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 12
    Bo Rang B Page 013 BO RANG B Tested at 35 bopd no water 20m thick zone BR-3D1 Testing 2 additional horizontals Q4/09 Targeting 400-500 bopd/well Bo Rang B Max A B Bo Rang B A BR-2ST2 35 Bopd Bo Rang A BR-3D1…
  13. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 13
    L53 Thailand Page 014 Top Main Oil Window 220 Km2 3D SURVEY acquired 2007 L33/43 (60% Operated) L53/48 (100% L44/43 Operated) (60% Operated) L53 D KS-1: 330,000 BBLS CUM PRODN PROSPECTIVE RESOURCE ESTIMATES Low Mid…
  14. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 14
    Indonesia Page 015 L33 L33 Thailand Thailand POE: POE: 60% 60% Operator Operator PRODUCTION/EXPLORATION PRODUCTION/EXPLORATION L44 L44 Thailand Thailand POE: POE: 60% 60% Operator Operator L53 L53 EXPLORATION…
  15. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 15
    Indonesia - Batu Gajah PSC Page 016 3,972 Km2 - POE: 90% WI and operator Betano North East Stacked multi zone targets from 700 to Betara 2,300 meters depth NEB Downthrown Targeting total un-risked mid case prospective…
  16. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 16
    Citarum PSC Page 017 JAKARTA 162MM 256 Bcf bbls 780 Bcf Pasundan-1 Well 2,877 Km2 - POE: 69% and operator A Pertamina: Argowangi-1 Excellent gas/oil pipeline infrastructure B Exploration well (Testing) 75/25…
  17. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 17
    Citarum Lead A Page 018 Pan Orient Pertamina Thrust Anticline Pasar Jadi Field Parigi Reef Parigi Reef 2008 Pan Orient Energy Corp.
  18. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 18
    Heavy Oil Canada Page 019 POE holds a 53% ownership in Andora Energy, a private Alberta company SAWN LAKE All season access Excellent existing infrastructure Various interests in 88 sections of oil sand leases SAG-D…
  19. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 19
    Heavy Oil Canada Page 020 Net oil Pay 5 meter contours Andora Ownership: POE: 53% of outstanding shares CEO & CFO - POE officers Andora Reserves (Gross): (Jan 1, 2008, D&M) Probable: 131.8 MMbo ANDORA 10% Possible: 103.5…
  20. NOVEMBER 2009 ANNUAL GENERAL MEETING – Pan Orient Energy – slide 20
    Contacts Page 021 Pan Orient Energy Corp Suite 1505, 505 3rd St SW Calgary, Canada Telephone: +1 403 294-1770 Fax: +1 403 294-1780 www.panaorient.ca 2008 Pan Orient Energy Corp.

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