Pan Orient Energy Corp. Declines Again; Strong Momentum for Sellers

 Pan Orient Energy Corp. Declines Again; Strong Momentum for Sellers

The stock of Pan Orient Energy Corp. (CVE:POE) is a huge mover today! About 30,320 shares traded hands or 31.62% up from the average. Pan Orient Energy Corp. (CVE:POE) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 7 months negative chart setup for the $62.55M company. It was reported on Nov, 16 by Barchart.com. We have $1.02 PT which if reached, will make CVE:POE worth $6.26M less.

More notable recent Pan Orient Energy Corp. (CVE:POE) news were published by: Marketwired.com which released: “Pan Orient Energy Corp.: 2016 Second Quarter Financial & Operating Results” on August 17, 2016, also Marketwatch.com with their article: “Pan Orient Energy Corp.” published on September 03, 2011, Marketwired.com published: “Pan Orient Energy Corp.: $0.40 Per Share Special Distribution Planned” on November 30, 2015. More interesting news about Pan Orient Energy Corp. (CVE:POE) were released by: Marketwired.com and their article: “Pan Orient Energy Corp.: Thailand L53-DC1ST1 Well” published on March 25, 2015 as well as Marketwired.com‘s news article titled: “Pan Orient Energy Corp.: East Jabung Production Sharing Contract Farmout …” with publication date: November 11, 2014.

Pan Orient Energy Corp. is a Canada oil and natural gas company. The company has a market cap of $62.55 million. The Firm holds properties onshore Thailand and Indonesia, as well as an interest in Andora Energy Corporation , which holds properties in Northern Alberta in Canada. It currently has negative earnings. In Thailand, the Company operates Concession L53, which is located approximately 60 kilometers west of Bangkok, and consists of over 970 square kilometers of lands of which approximately 20.26 square kilometers are associated with the L53-A, L53-D and L53-G fields, and over 955.74 square kilometers are of exploration lands.

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