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Far East Energy Corp. (FEECQ)

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Last Post: 9/28/2016 4:57:42 PM - Followers: 86 - Board type: Free - Posts Today: 0

FAR EAST ENERGY -- The third-largest concession holder of coalbed methane deposits in China. The company will develop the resources together with its local joint-venture partner, the state-owned China United Coalbed Methane Company, Ltd.

June Presentation.

Far East Releases Independent Engineer
Far East Energy Corporation (OTCBB:FEEC) today released the results of an independent coalbed methane reservoir simulation study conducted over the past four months by Advanced Resources International, Inc. ("ARI"), of Houston, Texas, for the Shouyang Block, Qinshui Basin, Shanxi Province, China. The report concludes that "based upon model predictions of reservoir pressure, dewatering of the #15 coal seam has been occurring and is approaching the estimated desorption pressure within the pilot area." The desorption pressure is the point at which pressure is lowered sufficiently for gas to be released from the coal matrix.

The report also indicates the potential for favorable gas recoveries from either vertical or horizontal wells. Using standardized assumptions of gas recoveries over 20 years at the median case (50% probability), ARI's simulations show recoveries of 3.4 to 5.3 billion cubic feet (Bcf) from horizontal wells spaced at 250 and 550 acres, respectively. Using the same assumptions, the report estimates gas recoveries from individual vertical wells of .5 to 1.2 Bcf per well based on wells spaced at 40 and 160 acres, respectively. These recoveries are for simulated wells and are not necessarily indicative of actual results to be expected from the Company's existing wells, many of which suffered formation damage during drilling operations.

ARI's simulations show theoretical peak gas production rates of between 2.3 and 5 million cubic feet per day (MMcfd) for a 900-meter long horizontal well drilled on 400-acre spacing. These rates are also above the projected gas production rates of 1 to 2 MMcfd projected for future horizontal wells by Netherland Sewell in June 2007. The ARI data includes information gathered from additional wells drilled subsequent to the Netherland Sewell report. The ARI simulations show peak production rates of .3 to .5 MMcfd from vertical wells drilled on 80-acre spacing.

"This is great news," said Michael R. McElwrath, CEO and President of Far East. "We certainly hope we are approaching the estimated desorption pressure, and the potential values for both peak daily production per well and for ultimate gas recovery per well indicate significant upside for the project. We are gratified that this four-month long analysis by ARI, which is based upon the data from new wells and upon much more information than was available to Netherland Sewell, has resulted in an optimistic analysis." The ARI simulations also continue to reflect high permeability ranging from 80 to 120 millidarcies, and very high gas content of approximately 500 standard cubic feet (scf) per ton. As Netherland Sewell previously noted, "CBM reservoirs with higher permeability have the ability to outperform CBM reservoirs with lower permeability if the coal can be adequately dewatered. Higher permeability allows wells to maintain their production rates for longer time periods enabling higher gas recoveries from wider spaced wells in shorter periods of time." The full text of the Advanced Resources International, Inc., report, which contains further information and qualifications, may be found on the website of Far East Energy at

Advanced Resources International (ARI) is a research and consulting firm providing services related to unconventional gas (coalbed methane - CBM, gas shales, tight sands), enhanced oil recovery (EOR), and carbon sequestration (CO2 sequestration).

ARI's services bring together depth of experience, industry insights and analytic capabilities for the benefit of our worldwide clientele. Our clients include major, independent and national oil and gas companies, coal producers and utilities, technology and service providers, legal and financial firms, research organizations, consortia and academia, policy groups, and governments.

Our team of geoscientists, engineers, and business and policy analysts provide services that include geologic and engineering studies, project feasibility studies, pilot project implementation and management, strategic planning and market research, policy analysis, and technology research.

11/16/2015 0.0003 0.0003 0.0002 0.0002 3,614,250
11/13/2015 0.0004 0.0004 0.0003 0.0003 3,275,100
11/12/2015 0.0005 0.0007 0.0003 0.0003 16,281,990
11/11/2015 0.0028 0.0028 0.0004 0.0006 77,352,920
11/10/2015 0.0132 0.0134 0.0026 0.0032 26,644,760
11/09/2015 0.0121 0.022 0.0114 0.013 1,866,074,%20future%20of%20the%20russian%20energy%20coal%20market.pdf

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Current Price
Bid Ask Day's Range
#4601  Sticky Note The Level2 shows that 40,000 shares manipulated at Value_Investor 09/19/16 10:54:27 AM
#4628   Yes. FEECQ is a great Reverse-Merger (R-M) or Value_Investor 09/28/16 04:57:42 PM
#4627   Does anyone have a clue if this has Limitx21 09/28/16 04:22:21 PM
#4626   The stock is still tradeable from most brokerages runncoach 09/28/16 04:21:20 PM
#4625   FEECQ is up 100% so far! 0.0002 x Value_Investor 09/28/16 03:05:24 PM
#4624   Time for some ask slapping now that one trading.jeff 09/28/16 01:19:08 PM
#4623   Two MMs at the 0.0002 ask v.s. Six Value_Investor 09/28/16 01:15:27 PM
#4622   So is this able to be bought, or Limitx21 09/28/16 10:01:24 AM
#4621   Yep, that's how it works. runncoach 09/27/16 07:37:41 PM
#4620   No bid procedure LouisDesyjr 09/27/16 12:49:58 PM
#4619   Very true. Now it is the best time Value_Investor 09/27/16 10:24:19 AM
#4618   Most brokers allow it. You just have runncoach 09/27/16 08:04:34 AM
#4617   You cant write off what doesn't sell. If Kid-Gloves 09/27/16 12:21:40 AM
#4616   There's no rush. You have til the runncoach 09/26/16 10:51:16 PM
#4615   Based on the float available for trading, just Value_Investor 09/26/16 06:41:22 PM
#4614   Based on the Info. I got from both Value_Investor 09/26/16 05:18:20 PM
#4613   You act like just because a trade is runncoach 09/26/16 04:31:15 PM
#4612   Nice to see the price up 9900% from Value_Investor 09/26/16 12:24:31 PM
#4611   The current price is 0.000001 which equals to Value_Investor 09/26/16 10:47:36 AM
#4610   $FEECQ Ask is back to .0002; NITE's showing trading.jeff 09/26/16 10:44:02 AM
#4609   What is the price reading on Etrade, or Limitx21 09/25/16 08:22:16 PM
#4608   How could the FEECQ's price hit as low Value_Investor 09/24/16 06:30:33 PM
#4607   FEECQ: 0.0001 x 0.0002 now. No any slapping Value_Investor 09/23/16 04:58:02 PM
#4606   LOL, If it were the "end" then why Value_Investor 09/23/16 12:40:09 PM
#4605   No. FEECQ declined back to 0.0001 again! I Value_Investor 09/22/16 09:59:11 AM
#4603   LOL, Someone manipulated the price down to 0.0001 Value_Investor 09/20/16 06:15:51 PM
#4602   No trades so far today; pps is still .0002. trading.jeff 09/19/16 11:01:49 AM
#4601   The Level2 shows that 40,000 shares manipulated at Value_Investor 09/19/16 10:54:27 AM
#4600   FEECQ is on fire today! Nice 100% up Value_Investor 09/16/16 04:28:35 PM
#4599   The end was last year. integral 09/16/16 03:20:58 PM
#4598   Bad news from them this morning: they just Value_Investor 09/16/16 10:28:22 AM
#4597   A couple weeks ago, you mentioned some friends trading.jeff 09/15/16 11:29:27 AM
#4596   I would slap 1M shares at the current Value_Investor 09/15/16 11:20:03 AM
#4595   13.02M-0.0001 x 5.01M-0.0002 now. Now you should know Value_Investor 09/14/16 11:45:39 AM
#4594   Lead by example by taking the first plunge. trading.jeff 09/13/16 03:35:02 PM
#4593   Are the sales at 0.0001s dried out now Value_Investor 09/13/16 03:32:14 PM
#4592   Why it is the "end"? Any bad news Value_Investor 09/12/16 11:55:54 PM
#4591   People picking up .0001s or dumping them? trading.jeff 09/12/16 03:47:03 PM
#4590   Oh value investor... This is the end of FEECQ MinnesotaWolf 09/12/16 03:35:59 PM
#4589   Sweet .0002s up :) stock1ace1 09/09/16 09:43:47 PM
#4588   Six MMs bid total 13.5M shares at 0.0001 Value_Investor 09/09/16 11:47:08 AM
#4587   Perfect for what? trading.jeff 09/08/16 07:24:42 PM
#4586   Perfect D1G1T4L 09/08/16 06:28:21 PM
#4585   Wow all time low close. Over/under on runncoach 09/08/16 06:23:23 PM
#4584   Yeah, no doubt. The bid sitters could take D1G1T4L 09/08/16 01:22:17 PM
#4583   Emphasis on "little" as a buck fifty picked trading.jeff 09/08/16 01:19:32 PM
#4582   Finally a little action. $FEECQ is the little D1G1T4L 09/08/16 01:15:59 PM
#4581   Seven MMs at .0001; guess the pps can't trading.jeff 09/08/16 10:12:17 AM
#4580   43.735M-0.0001 x 2.247M-0.0002 now. The next ask is Value_Investor 09/08/16 10:10:27 AM
#4579   EXACTLY. Bid size means nothing if they runncoach 09/07/16 07:38:19 PM
#4578   And didn't move it an inch. That's runncoach 09/07/16 07:35:49 PM