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NEWS RELEASE TRANSMITTED BY Marketwire

FOR: PAN ORIENT ENERGY CORP.

TSX VENTURE SYMBOL: POE - | View Quote |  View Chart |  View Financials | 

Pan Orient Appoints New Chief Operating Officer

Jan 26, 2006 - 09:00 ET

CALGARY, ALBERTA--(CCNMatthews - Jan. 26, 2006) -

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Pan Orient Energy Corp. (TSX VENTURE:POE) is pleased to announce the appointment of Mr. Ian Halstead as Pan Orient's new Chief Operating Officer and General Manager - Thailand. Upon completion of Mr. Halstead's current contractual obligations in Bangladesh, he will relocate to Thailand.

The Pan Orient Board of Directors is pleased to have Mr. Halstead accept this key role and wishes to express its appreciation to Mr. Waleed Jazrawi for his contributions to the Company during its initial growth phase. Mr. Jazrawi will step down as Pan Orient's COO upon Mr. Halstead's arrival in Thailand and will continue as a Director of Pan Orient and as a senior advisor to the Company.

Pan Orient President and CEO Jeff Chisholm states: "We are pleased to have attracted a person with Ian Halstead's depth of experience, energy and ability. Ian's exploration and development background includes General Manager and Country Manager positions with a senior UK independent oil and gas company in Bangladesh, Thailand and China. Ian's South East Asia/South Asia on and offshore experience is directly inline with Pan Orient's current operations and future new ventures focus".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking information. Actual future results may differ materially from those contemplated.

27,681,973 common shares issued

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
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.

Pan Orient Energy Corp.
Jeff Chisholm
President and CEO
(403) 294-1770

or

Pan Orient Energy Corp.
Jason Bednar
Vice President Finance and CFO
(403) 294-1770
Email: jason@panorient.ca