operations update: disappoint ?

CALGARY, ALBERTA--(Marketwire - Jan. 25, 2010) - Pan Orient (TSX VENTURE:POE) is pleased to announce an update on operations and the 2010 capital program for Thailand and Indonesia. Highlights include:

-- Thailand Concession L53 (100% WI and operator)
-- L53-D exploration well - oil discovery tested at a restricted rate
of 228 bopd
-- L53-A exploration well - oil discovery tested with combined rate of
337 bopd
-- Thailand Concession L44 (60% WI and operator)
-- Bo Rang "B" Field - BR-2ST2 horizontal appraisal well on production
at 866 bopd
-- High impact NSE-G3 exploration well targeting a new volcanic zone
approaching target depth
-- 2009 average production of 3,369 bopd (net) for the fourth quarter of
2009
-- 2009 exit production of 5,200 bopd (net) excluding test production from
the L53 concession
-- 2010 average production target of 6,000 bopd (net)
-- 2010 capital program of CDN$67 million including 34 development and
exploration wells in Thailand and seven Indonesian high impact
exploration wells