Far East Energy Corporation
Far East Energy Touts Spudding of 14th Well in 2013
Friday, May 10, 2013 Far East Energy announces that appraisal well SYS03 has reached total depth; preliminary gas content has been determined for the SYE06 appraisal well; and, the 108D, an additional production well has spud.
Far East Energy Agrees to $60M Private Placement
Tuesday, January 15, 2013 Far East Energy executes a Securities Purchase Agreement to sell senior secured notes and warrants in a private placement for $60,000,000 in gross proceeds.
China's CBM Industry: Slow and Steady Progress
Wednesday, September 05, 2012 China's CBM industry is showing signs of steadfast rise. The awarding of the first ever overall development plan has excited existing players, with a few of them gearing up for commercial production by 2013.
Far East Energy Wins Right to Continue Exploring Laochang Block
Wednesday, June 20, 2012 Far East says it has received approval to continue exploring the Laochang Block in Yunnan, China until December 31, 2013.
Coalbed Methane to Play Integral Role in China's Gas Production Goals
Monday, April 02, 2012 CBM gas production should begin to take off within the next 6-7 years, playing an integral role in China's gas production growth plans to address anticipated growth in Chinese energy demand.
Far East Energy All Smiles over 'Highly Prospective' Shouyang Block
Thursday, January 26, 2012 Far East Energy announced positive test results from three more appraisal wells located at significant distances from the 1H Pilot Area in the Company's Shouyang Block.
Far East Energy Notes 66% Increase in Shouyang Block
Friday, July 22, 2011 Far East Energy announced the results of an independent report prepared by NSAI for the three target coal seams in Far East Energy's 485,000 acre Shouyang Block, situated in Shanxi Province, China.
Far East Energy Reports Shouyang Production Testing Results
Monday, May 16, 2011 Far East Energy announced the preliminary results of production testing on the SYS02, P8 and P12 pilot development test wells in the Shouyang Block.
Far East Reports Net Present Value of Shouyang Block Resources
Wednesday, April 06, 2011 Far East announced the results of an independent report evaluating the contingent gas resources and Net Present Value of the net contingent cash flow for the 3 target coal seams in Shouyang Block.
Far East Energy Reports 7 Tcf of CBM Gas in Shouyang Block
Thursday, November 18, 2010 Far East Energy reported the results of coalbed methane Original Gas-in-Place (OGIP) in Far East Energy's Shouyang Block situated in Shanxi Province, China.
Far East Energy Commences Drilling Program in Shouyang Block
Monday, October 04, 2010 Far East Energy announced that its second-half 2010 drilling program for the Shouyang Block commenced recently with three wells, the 34D, 40V, and the 11D having been spudded in the past week.
Far East Energy Anticipates Gas Production to Triple at Shouyang Block
Thursday, August 26, 2010 Far East Energy announced that gas production from the Shouyang Block has surpassed one million cubic feet per day.
Far East Energy Negotiates Shouyang Gas Sales Agreement
Tuesday, June 15, 2010 Far East Energy has negotiated a Gas Sales Agreement (GSA) with CUCBM and SPG to sell all production of CBM from the contract area covered by the Shouyang Production Sharing Contract.
Far East Energy Ramps Up Production at Shouyang Block
Friday, June 11, 2010 Far East Energy announced that gas production from its Shouyang Block has surpassed 750 Mcf per day.
Far East Energy Updates on Shouyang Block
Monday, April 12, 2010 Far East Energy summarized current and recently completed drilling and completion activities in its Shouyang Block, designed to increase gas production from its Shouyang 1H Pilot Area.
Far East Energy Accelerates Drilling Onshore China
Wednesday, January 13, 2010 Far East Energy has commenced a robust winter drilling program in response to the rapid increase in gas production from its Shouyang Block in Shanxi Province, China.
Far East Energy Cites Production Increase in Shouyang Block
Wednesday, December 02, 2009 Far East Energy reported that gas production in the Shouyang Block of Shanxi Province, China, has now risen to 500,000 cubic feet, or 500 Mcf per day.
Chinese Govt Okays Shouyang, Yunnan PSC Extensions
Thursday, August 27, 2009 Far East Energy Corp. has received final approval by the Chinese Ministry of Commerce of two modification agreements that extend the periods of both its Shouyang and Yunnan PSCs by two years apiece.
Far East Fires Up Production at Shouyang Block in China
Wednesday, April 08, 2009 Gas production in the Shouyang Block has been increasing almost daily since January 1, rising almost 300% in the past three months.
Far East: Desorption Pressure Low Enough to Release Gas at Qinshui
Thursday, March 27, 2008 ARI's simulations show recoveries of 3.4 to 5.3 billion cubic feet from horizontal wells spaced at 250 and 550 acres, respectively.