Trans-Orient Petroleum Files Second Quarter Results
March 27, 2009, Vancouver, B.C. -- Trans-Orient Petroleum Ltd. (TSX-V: TOZ and OTCBB: TOPLF) announces that it has filed the Company's unaudited consolidated financial statements and the accompanying management's discussion and analysis for the period ending January 31, 2009, as required pursuant to National Instruments 51-101 and 51-102. Copies of these documents can be obtained electronically at www.sedar.com or through the Company's website at www.transorient.com.
In other news, Mr. Barry MacNeil has accepted the invitation by the Company to re-join the Board of Directors of the Company. In past years, Mr. MacNeil, an independent business man with a significant amount of public company experience, held the positions of Chief Financial Officer, Secretary and a Director of the Company until he left to pursue other business interests.
Trans-Orient CEO Garth Johnson said, "We look forward to working with Barry again as we continue to prepare for our exploration operations planned for late 2009. We continue to technically evaluate the potential of our East Coast New Zealand permits and are making significant progress delineating our best conventional and unconventional exploration prospects in this exciting, under-drilled basin."
Trans-Orient Petroleum Ltd. is a Canadian-based, Australasian-focused company with significant interests in the East Coast Basin of New Zealand. This high-potential unconventional oil and gas frontier encompasses the main play area where Trans-Orient is targeting fractured-shale oil and gas source-rock formations.
Garth Johnson, CEO
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable legislation. Other than statements of historical fact, all statements in this release addressing future operations, undiscovered hydrocarbon resource potential, exploration, potential reservoirs, prospects, leads and other contingencies are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements due to factors such as market prices, farm-outs, relinquishments, exploration successes, continued availability of capital and financing, and general economic, market, political or business conditions. Please see our public filings at www.sedar.com for further information.
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