Pan Orient Energy Corp.: Grant of Stock Options

Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE)
announced today that in connection with the recent appointment of Edward Bush as
Chief Operating Officer, Mr. Bush was granted options to purchase 400,000 common
shares under Pan Orient's stock option plan. Each option has an exercise price
of $4.15 (being the January 23, 2013 closing price of the shares on the TSX
Venture Exchange), vests as to one-third on the grant date and one-third on each
of the first and second anniversaries of the grant date and expires on January
23, 2018.


Pan Orient is a Calgary, Alberta based oil and gas exploration and production
company with operations currently located onshore Thailand, Indonesia and in
Western Canada.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pan Orient Energy Corp.
Jeff Chisholm
President and CEO


Pan Orient Energy Corp.
Bill Ostlund
Vice President Finance and CFO
[phone]