Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

February 09, 2016 12:15 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Andora Energy Corporation

Company Overview

Andora Energy Corporation engages in the development and production of heavy oil resources from the prolific oil sands deposit in the Peace River District in the province of Alberta, Canada. The company was incorporated in 2004 and is based in Calgary, Canada. As of September 25, 2006, Andora Energy Corporation operates as a subsidiary of Pan Orient Energy Corp.

1505 505 3rd Street SW

Calgary, AB T2P 3E6


Founded in 2004





Key Executives for Andora Energy Corporation

Chairman and Chief Executive Officer
President, Chief Operating Officer and Director
Co-Founder and Vice Chairman
Age: 65
Co-Founder, Vice President and Corporate Secretary
Age: 43
Compensation as of Fiscal Year 2015.

Andora Energy Corporation Key Developments

Pan Orient Energy Corp. and Andora Energy Corporation Provide Update on the Sawn Lake, Canada, Steam Assisted Gravity Drainage Demonstration Project

Pan Orient Energy Corp. provided an update on the Sawn Lake, Canada, steam assisted gravity drainage (SAGD) demonstration project on behalf of Andora Energy Corporation. Andora has a 50% working interest in the Sawn Lake, Alberta SAGD demonstration project, and is the operator. The first step towards determining the commercial viability of the SAGD recovery process at Sawn Lake is for the demonstration project to provide an indication of the productivity of the reservoir and the amount of steam injection required to produce the bitumen, which are key components in assessing the potential for SAGD development at Sawn Lake. For Phase 1 of the SAGD demonstration project, one SAGD well pair was drilled in the fourth quarter of 2013 to a depth of 650 meters and has a horizontal length of 780 meters. Construction of the facility for steam generation, water handling and oil treating was completed in the second quarter of 2014. Steam injection commenced May 21, 2014 to warm up the reservoir and establish communication between the SAGD steam injection well and the SAGD producing well which are five meters apart. During the past 10 days the SAGD producing well has been recompleted for production with the installation of an electric submersible pump and a fibre optic data gathering string and the reservoir has been reheated through the resumption of steam injection by the SAGD injector well. On September 16, 2014 bitumen production commenced. It is anticipated that a stable daily bitumen production rate and associated steam oil ratio will be achieved within the next six to eight weeks, at which time Pan Orient will provide an update to shareholders.

Similar Private Companies By Industry

Company Name Region
Black Goose Holdings Inc. Americas
Star West Petroleum Ltd. Americas
Due West Resources Inc., Western Canadian Oil And Gas Properties Americas
Nova Gas Transmission Ltd. Americas
Connaught Oil & Gas Ltd. Americas

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Andora Energy Corporation, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at