11:39 AM EST - Orient Energy Corp. : announced it had 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, of Thailand, for a cash price of $42.5 million U.S., including a working capital adjustment of $2.4 million U.S. Pan Orient Energy (Siam) Ltd. holds Pan Orient's 100% interest in Concession L53/48 in Thailand. Pan Orient Energy Corp.
shares V.POE are trading up $0.18 at $1.67.
