POE Pan Orient Energy Corp

Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is
pleased to provide an update on operations in Thailand and Indonesia.


Concession L53 Onshore Thailand (Pan Orient Operator and 100% Working Interest) 

Thailand Oil Production

On February 19, 2014 the L53-G field production environmental impact assessment
("EIA") was approved by the Government of Thailand. The three L53-G wells that
had been shut-in awaiting EIA approval, commenced production shortly thereafter.
Total L53 Concession production is currently 1,112 BOPD and has averaged 1,118
BOPD since February 20, the first day all the L53-G wells had been on production
for a full 24 hour period. 


L53A Central Exploration Well

The L53-A Central high impact exploration well is currently setting casing at a
depth of 225 meters and is anticipated to reach total depth in approximately 10
days. 


Indonesia Operations 

In response to the January 31, 2013 date for farm-in proposals to be submitted
for the Batu Gajah and East Jabung Production Sharing Contracts ("PSC's"), Pan
Orient has received requests from companies seeking either a) a timeline
extension to evaluate the recently completed 2D seismic in East Jabung and 3D
seismic processing just completed in Batu Gajah PSC, or b) received proposals
conditional upon final review of this recently acquired seismic data. In order
to facilitate these requests, Pan Orient has extended the timeline with respect
to the receipt of proposals to March 31, 2014 for both Batu Gajah and East
Jabung PSC's. In addition, as a number of companies have also been evaluating
the Citarum PSC, the February 28, 2014 proposal submission date for Citarum PSC
has also been extended to March 31, 2014 in order to facilitate proposals which
include multiple PSC's.


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


Readers are cautioned that well test results are not necessarily indicative of
long-term performance or of ultimate recovery. 


This news release contains forward-looking information. Forward-looking
information is generally identifiable by the terminology used, such as "expect",
"believe", "estimate", "should", "anticipate" and "potential" or other similar
wording. Forward-looking information in this news release includes, but is not
limited to, references to: well drilling programs and drilling plans, estimates
of reserves and potentially recoverable resources, and information on future
production and project start-ups. By their very nature, the forward-looking
statements contained in this news release require Pan Orient and its management
to make assumptions that may not materialize or that may not be accurate. The
forward-looking information contained in this news release is subject to known
and unknown risks and uncertainties and other factors, which could cause actual
results, expectations, achievements or performance to differ materially,
including without limitation: imprecision of reserve estimates and estimates of
recoverable quantities of oil, changes in project schedules, operating and
reservoir performance, the effects of weather and climate change, the results of
exploration and development drilling and related activities, demand for oil and
gas, commercial negotiations, other technical and economic factors or revisions
and other factors, many of which are beyond the control of Pan Orient. Although
Pan Orient believes that the expectations reflected in its forward-looking
statements are reasonable, it can give no assurances that the expectations of
any forward-looking statements will prove to be correct.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.  


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pan Orient Energy Corp.
Jeff Chisholm
President and CEO (located in Bangkok, Thailand)
jeff@panorient.ca


Pan Orient Energy Corp.
Bill Ostlund
Vice President Finance and CFO
(403) 294-1770

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