The company also is on the cusp of spudding an
exploration well in Indonesia.
Pan
Orient Energy Corp. (POE:TSX.V) provided in a news release an update on its operations in Thailand and
Indonesia.
In Thailand, oil sales from the L53 concession hit a monthly record again
in June since 2019. Sales averaged 3,079 barrels per day (3,079 bbl/day) of
oil. For Pan Orient, with a 50.01% ownership in the project, this equaled a
net 1,540 bbl/day of oil.
In Indonesia, the East Jabung Production Sharing Contract, in which Pan
Orient has a 49% interest, received a drill rig contract for the upcoming Anggun-1X
exploration well.
The next step for Anggun-1X is a pre-well spud meeting to be held on July
11 in Jakarta. Then drill rig mobilization to the site is expected to start
between July 25 and Aug. 2, followed by the onset of drilling, between Aug.
24 and Sept. 11.
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