POEFF News Alert Pan Orient Energy Co (POEFF) 1.5100 02/15/2015
Post# of 64074
Pan Orient Energy Corp.: Stock Options Granted
Marketwired - Fri Feb 06, 7:31AM CST
Pan Orient Energy Corp. ("Pan Orient" (TSX VENTURE: POE) announced today that it granted options to directors, officers and employees to purchase an aggregate of 2,195,000 common shares under Pan Orient's stock option plan. Each option has an exercise price of $1.83 (being the February 5, 2015 closing price of the shares on the TSX Venture Exchange), vests as to one-third on the grant date and one-third on each of the first and second anniversaries of the grant date and expires on February 5, 2020. Options to purchase 5,406,000 common shares are now outstanding, equal to 9.5% of Pan Orient's 56,760,307 outstanding common shares, at exercise prices ranging from $1.83 to $6.32.
POE.VN: 1.890 (+0.050)
Pan Orient Energy Corp.: Thailand Transaction Funds Received
Marketwired - Thu Feb 05, 9:41AM CST
Further to the Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE: POE) press release on February 2, 2015 that a wholly owned subsidiary of Sea Oil Public Company Limited, of Thailand, and Pan Orient had satisfied the conditions to closing and accordingly USD $42.5 million in wire transfers had been initiated to the account of Pan Orient, the Company is pleased to announce that all wire transfers totaling USD $42.5 million, including a USD $4 million deposit that had been held in escrow, have been received in the Company's account.
POE.VN: 1.890 (+0.050)
Pan Orient Energy Corp.: Corporate Update
Marketwired - Mon Feb 02, 7:37AM CST
On November 5, 2014 Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE: POE) announced it had entered into an agreement for the sale of a 50-per-cent equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited ("Sea Oil" , of Thailand, for a cash price of USD $42.5 million, including a working capital adjustment of USD $2.4 million. Pan Orient Energy (Siam) Ltd. holds Pan Orient's 100% interest in Concession L53/48 in Thailand.
POE.VN: 1.890 (+0.050)
Pan Orient Energy Corp.: Thailand Transaction Further Update
Marketwired - Tue Jan 13, 7:20AM CST
On November 5, 2014 Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE: POE) announced it had has entered into an agreement for the sale of a 50-per-cent equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited ("Sea Oil" , of Thailand, for a cash price of USD $42.5 million (CDN $48.3 million), including a working capital adjustment of USD $2.4 million (CDN $2.7 million). Pan Orient Energy (Siam) Ltd. holds Pan Orient's 100% interest in Concession L53/48 in Thailand. It is anticipated that net proceeds to Pan Orient, after closing adjustments and costs will be approximately USD$40.9 million (CDN $46.5 million).
POE.VN: 1.890 (+0.050)
Resolve To Do Better In 2015: Expert Edition
The Gold Report - Seeking Alpha - Wed Dec 31, 1:46PM CST
As natural resource investors take stock of their 2014 portfolio shifts and make adjustments for 2015, The Gold Report quizzed top experts in the sector on what resolutions they are making and-perhaps more important-what steps they are taking...
PFM: 21.87 (+0.07)
IIROC Trade Resumption - Pan Orient Energy Corp.
Newsfile Corp - Thu Dec 18, 8:57AM CST
Trading resumes in:
Pan Orient Energy Corp.: Thailand Transaction Update
Marketwired - Thu Dec 18, 8:51AM CST
On November 5, 2014 Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE: POE) announced it had has entered into an agreement for the sale of a 50-per-cent equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited ("Sea Oil" , of Thailand, for a cash price of USD $42.5 million (CDN $48.3 million), including a working capital adjustment of USD $2.4 million (CDN $2.7 million). Pan Orient Energy (Siam) Ltd. holds Pan Orient's 100% interest in Concession L53/48 in Thailand. It is anticipated that net proceeds to Pan Orient, after closing adjustments and costs will be approximately USD$40.9 million (CDN $46.5 million).
POE.VN: 1.890 (+0.050)
IIROC Trade Halt - Pan Orient Energy Corp.
Newsfile Corp - Thu Dec 18, 8:33AM CST
The following issues have been halted by IIROC:
Chen Lin: Low Oil Prices Fuel Bonanza Increases In Ethanol Stocks
The Energy Report - Seeking Alpha - Fri Dec 12, 9:37AM CST
Chen Lin was one of the very few who foresaw the collapse in oil prices, so investors are well advised to pay attention to his advice. In this interview with The Energy Report , the author of the What is Chen Buying? What is Chen Selling? ...
REX: 61.30 (-0.18), GPRE: 25.50 (-0.56), REXX: 5.08 (+0.13), PEIX: 9.82 (+0.15)
Pan Orient Energy Corp.: 2014 Third Quarter Financial & Operating Results
Marketwired - Mon Dec 01, 7:33AM CST
Pan Orient Energy Corp. ("Pan Orient" (TSX VENTURE: POE) is providing its 2014 third quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated, converted using foreign exchange rates at September 30, 2014 where applicable, and BOPD refers to barrels of oil per day net to Pan Orient.
POE.VN: 1.890 (+0.050)
Pan Orient Energy Corp.: East Jabung Production Sharing Contract Farmout Agreement Onshore Indonesia
Marketwire Canada - Tue Nov 11, 7:37AM CST
Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE OE) is pleased to announce that it has entered into an agreement for the transfer of a 51% direct working interest and operatorship of the East Jabung Production Sharing Contract (PSC) to a wholly owned subsidiary of Talisman Energy for a consideration of:
TLM: 7.63 (-0.03), POE.VN: 1.890 (+0.050)
Bob Moriarty Says $80 Oil Is The New Normal Minimum
The Energy Report - Seeking Alpha - Fri Nov 07, 9:02AM CST
Saudi Arabia has nothing to do with falling prices at the pump, argues Bob Moriarty. He sees falling demand as the culprit, driven by economic slowdown in China, Europe and the U.S. In this interview with The Energy Report, Moriarty explains why...
TRCH: 0.53 (-0.01)
Agreement for Sale of 50% Equity Interest in Pan Orient Subsidiary Pan Orient Energy (Siam) Ltd.
Marketwired - Wed Nov 05, 8:37AM CST
Pan Orient Energy Corp. ("Pan Orient" or the "Company" (TSX VENTURE: POE) is pleased to announce that it has entered into an agreement for the sale of a 50% equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited ("Sea Oil" of Bangkok, Thailand, for a cash price of USD $42.5 million (CDN $48.3 million), including a working capital adjustment of USD $2.4 million (CDN $2.7 million). Pan Orient Energy (Siam) Ltd. holds Pan Orient's 100% interest in Concession L53/48 in Thailand and will remain as the operator.
POE.VN: 1.890 (+0.050)