Pan Orient Energy Corp.
TSX VENTURE : POE

Pan Orient Energy Corp.

December 14, 2007 19:56 ET

Pan Orient Grants Stock Options

CALGARY, ALBERTA--(Marketwire - Dec. 14, 2007) -

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Pan Orient Energy Corp. (TSX VENTURE:POE) granted a total of 720,000 options to purchase common shares for a five year term under the Company's stock option plan on December 13, 2007, to certain of its officers, directors and consultants at an exercise price of $11.75 per share. The grant of the options is consistent with the objective of providing long term incentives to key personnel of the Company, and continuing to align their interest with that of shareholders.

Pan Orient is a Calgary, Alberta based oil and gas exploration and production company with operations currently located onshore Thailand and in Western Canada.

45,146,842 common shares issued

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Pan Orient Energy Corp.
    Jeff Chisholm
    President and CEO
    (403) 294-1770
    or
    Pan Orient Energy Corp.
    Jason Bednar
    Vice President Finance and CFO
    (403) 294-1770
    Email: jason@panorient.ca