Pan Orient Energy Corp. announced operating results for the year ended December 31, 2021. Thailand crude oil reserves and values at December 31, 2021 of POS (representing the 100% working interest of POS in Concession L53/48): Proved oil reserves ("1P") of 3,079,000 barrels at December 31, 2021, a 9% increase from the 2,836,000 barrels at December 31, 2020.

Proved plus probable oil reserves ("2P") decreased 3% to 4,625,000 barrels at December 31, 2021 compared with proved plus probable oil reserves of 4,753,000 barrels at December 31, 2020.