POE Pan Orient Energy Corp

Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE)
provides an update on drilling operations in Thailand.


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

L53-A Central Exploration Well 

The L53-A Central exploration well is currently being abandoned after failing to
encounter commercial hydrocarbons. The well was vertical and drilled to a total
depth of 966 meters, reached on March 2, 2014. 


Thailand drilling is anticipated to recommence in approximately June 2014 with
the drilling of the high impact L53-A North exploration prospect that was
identified on a recently acquired 3D seismic survey. The environmental impact
assessment ("EIA") for the L53-A North well location, and a number of others, is
currently under application with approval anticipated in May 2014 but subject to
the possibility of similar delays that have been experienced in past EIA
approvals. 


The L53-A North prospect lies approximately 5 kilometers south of the PTT
Exploration and Production operated U-Thong oil field. The disappointing
drilling result of the L53-A Central prospect, located in the Kamphaeng Saen
basin, is believed to have no bearing on the pre drill estimated chance of
success for the L53 -A North prospect, which is located in the separate Suphan
Buri basin.


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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