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Pan Orient Energy Corp.

11:38 AM EST - Pan Orient Energy Corp. : Reports that its Akeh-1 exploration well in Indonesia has been drilled and cased to a depth of 1,850 metres. On the basis of open hole wireline logs and formation pressure samples, a decision has been made to test three intervals interpreted as potentially hydrocarbon bearing within the primary target Lower Talang Akar formation. Testing is anticipated to be completed in approximately 14 to 21 days at which time a further update will be provided. Pan Orient Energy Corp. shares V.POE are trading up $0.06 at $1.26.