Mississauga, ON -- (SBWIRE) -- 11/05/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Pan Orient Energy Shares Jump on Sale of Equity Interest in Thailand Subsidiary.”
Companies mentioned in this article include Pan Orient Energy Corp. (TSX-Venture:POE).
Article Excerpt:
As we have detailed in recent weekly updates and has been the topic of many articles on the web, the TSX Venture exchange has struggled, to say the least, particularly over the past two months. More than 400 companies make up the S&P TSX Venture Composite Index, which has lost more than 25 percent of its value since the start of December. The microcap-rich, resource-heavy index has languished with faltering metal prices and oil slumping below $80 per barrel, leaving investors searching for value plays.
One of the constituents is Pan Orient Energy Corp. (TSX-Venture:POE), an Alberta-based oil and gas exploration and production company with onshore operations in Thailand, Indonesia and Western Canada. The company has crashed along with the broader index, falling from a high of $2.44 on the first trading day of September to a low of $1.47 on Tuesday for a top-to-bottom drop of 39.8 percent.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/461/pan-orient-energy-shares-jump-on-sale-of-equity-interest-in-thailand-subsidiary.htm
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