Page 01 Pan Orient Energy Corp. Corporate Presentation December 2014 Sawn Lake Canada SAGD Demonstration Project L53 Thailand Production & Exploration Batu Gajah & East Jabung PSCs South Sumatra, Indonesia…
Summary Page 03 Financially strong with a large portfolio of high impact exploration prospects in Southeast Asia Stable, high net back production platform onshore Thailand with significant remaining exploration upside Highly…
SE Asia Asset Summary Page 04 THAILAND L53 (POE 50% & Operator after transaction) Pending sale of a 50% interest to close Jan 12/15 Phase 1 drilling program (1 exploration + 2 appraisal) to commence shortly after Closing…
Capital Allocation 2012-2013 Page 05 0.75/share dividend to POE L44/L33THAILAND shareholders A Reserves Sold entire 60% WI in Concessions A L44 & L33 Thailand for 158 million net proceeds (2012) A1 L53 THAILAND…
Capital Allocation 2014-2015 Page 06 Selling 50% of subsidiary holding B Thailand Concession L53 for 48 million net (announced 2014) in 2015 Reserves Q1 retained 50% & Operatorship Farming out a 51% WI in Indonesia B L53…
Asset Portfolio Page 07 Seismic Drill Ready Prospects Drilling/Pilot Reserves Success Case Relative Value Anggun Prospect East Jabung PSC (farming out 51%) 2015/16 Work Program Raka Prospect Cataka-1X Citarum PSC…
Concession L53 Thailand Page 08 U-Thong Oilfield Three fields discovered to date Oil Kitchen B 1.5 million bbls 2P reserves December 31, 2013 with NPV(10) CDN58 million L53 Two low risk reserve addition opportunities at A North…
Concession L53 Transaction Page 09 Selling 50% of subsidiary holding Concession L53 to Sea Oil Public Company Limited listed on the Stock Exchange of Thailand Gross consideration of CDN48.3 million Net CDN46.5 million after…
Concession L53A North Prospects Page 010 The L53A-North prospects are a group of structural closures (six) with a combined maximum areal extent of approximately 9.76 km2 U Thong Field 4.5mm BBLS Cumulative production Full…
L53A-North Central Prospect Page 011 W A North Central A North East A North East 2 E Direct Hydrocarbon Indicators Stacked Multiple sands 4.5 km W E 2011 Pan Orient Energy Corp.
Onshore South Sumatra, Indonesia Page 012 East Jabung PSC (POE 49% Non Operator after farmout) 2,948 km2 (Gross) Batu Gajah PSC (POE 77% & Operator) 793 km2 (Gross) North Jabung JSA (POE 20% Option/Non Operator) PetroChina…
East Jabung PSC Indonesia Page 013 East Jabung PSC (POE 49% Talisman 51% & Operator after farmout) 65%GOI/35% profit split on oil - best in Indonesia Anggun-1 prospect 100km2 in maximum closure POE carried for the first…
Batu Gajah PSC Indonesia Page 014 Batu Gajah PSC after last relinquishment Pan Orient 3D Seismic 2013 Batu Gajah PSC (POE 77% Batu Gajah PSC & Operator) Gas Fields Gas Fields Large resource potential Oil Fields 6 Oil Fields…
Selong-Akatara Extension Page 015 A Akatara-1 Proposed Well A Akatara-1 Gas A Selong-1 790 bopd Akatara-2 L Gumai 919 bopd Batu Gajah PSC Boundary UTAF LTAF Lemang PSC Boundary Proposed Well Basement SW…
Citarum PSC Indonesia Page 016 256 Bcf 780 Bcf Cataka-1X POE: 97% and operator Seeking a farm-in partner 75/25 after tax profit split for oil (60/40 gas) 110 million cost pool Best pipeline infrastructure and…
Sawn Lake, Alberta, Canada Page 017 Sawn Lake Contingent Resources at December 31, 2013 (Pan Orients 71.8%) Millions of barrels of Heavy Oil - SAGD High Best Low R24 R1 Sawn Lake 180 154 140 T98 W5 Meridian Andora Energy…
Sawn Lake Oil Sand Leases Page 018 Sawn Lake North 10% of 51 sections (non-operated) 100% of 9 sections 1.5 MMbbls Best Case contingent resources net to Andora for SAGD Sawn Lake Central 50% of 12 sections Designated…
Demonstration Project Phase 1 Page 019 Phase 1 First step in determining commercial viability of SAGD in this Bluesky formation reservoir Provide indication of productivity of reservoir & steam / oil ratio SAGD Production…
SAGD Pair Performance Page 020 Sawn Lake Bluesky Fm vs Lower Grand Rapids Fm Analog Performance Comparison 600 14 Lower Grand Rapids SOR 12 500 Sawn Lake Blue Sky SOR 10 400 Lower Grand Rapids Oil Production 8 BOPD…
Drilling Schedule 2015/16 Page 021 Well/Area Q1/2015 Q2/2015 Q3/2015 Q4/2015 Q1/2016 Q2/2016 2 Appraisal Wells L53 Thailand L53A North Central Contingent A North Central Thailand L53 Appraisal Wells 2 Appraisal +1 Exploration…
Contacts Page 022 Pan Orient Energy Corp Suite 1505, 505 3rd St SW Calgary, Canada Telephone: +1 403 294-1770 Fax: +1 403 294-1780 www.panorient.ca 2011 Pan Orient Energy Corp.