Pan Orient Energy Corp. Stock

CanAsia Energy Corp. is a Canada-based oil and gas exploration and production company with operations located at Sawn Lake, Alberta. The Company has interests in partially developed concession located onshore Thailand, held by Pan Orient Energy (Siam) Ltd. The Company has a 50.01% equity interest in Pan Orient Energy (Siam) Ltd., which is the operator of and holds a 100% working interest in Concession L53/48 (Concession L53) in Thailand. Concession L53 is partially developed, has oil production and an active exploration and development program. The Company has a 71.8% ownership in Andora, which is a private oil company. Andora is focused on developing the bitumen resources at the Sawn Lake property in Canada, using steam assisted gravity drainage (SAGD) development.