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Pan Orient – Pleasant Surprise

Pan Orient – Pleasant Surprise

Well, that was unexpected but in this game, you take all the positive “accidents” you can come across.  And Pan Orient’s new discovery well in Thailand is just that.  I accumulated a position in Pan Orient strictly for the East Jabung PSC in Indonesia and I wasn’t giving much value to the Thai assets.  Not sure what to make of this discovery just yet but we’ll find out more from the appraisal well and subsequent production testing.

Philip O'Neill
Philip O'Neill
poneill@mp1capital.com