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Last Post: 7/22/2014 11:33:15 AM - Followers: 72 - 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.
http://www.fareastenergy.com/

June Presentation.

http://www.fareastenergy.com/pdf/02%20-%202013%20June%2019%20FEEC%20Corporate%20Presentation%20(FDC).pdf








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 www.fareastenergy.com.







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.










https://www.glitnir.fi/suomi/info/presentations/suek,%20future%20of%20the%20russian%20energy%20coal%20market.pdf

PostSubject
#2194  Sticky Note FEEC Gas Production Surpasses 2.25 Million Per Day, dshade 05/07/14 03:37:19 PM
#2355   The last thing we want is Mike borrowing hebercreeper 07/22/14 11:33:15 AM
#2354   Looks like SINO picked up a new and runncoach 07/22/14 07:20:10 AM
#2353   FEEC- please just sell the company Mike. The hebercreeper 07/21/14 11:14:37 PM
#2352   Meanwhile, Green Dragon Gas CEO gave an interesting hebercreeper 07/21/14 11:09:39 PM
#2351   I ran out of cash today so I surfer44 07/21/14 06:46:35 PM
#2350   but that short is really trying hard dshade 07/21/14 03:54:46 PM
#2349   another day closer to a deal dshade 07/21/14 03:35:53 PM
#2348   not aon, just standard limit hebercreeper 07/17/14 02:56:28 PM
#2347   interesting... hints that there is stealthy accumulation going sahd3g 07/17/14 10:18:54 AM
#2346   Short attack? I think it was just hebercreeper 07/16/14 05:26:19 PM
#2345   quite an end of day short attack there dshade 07/16/14 03:59:53 PM
#2344   all good from here I think. dshade 07/14/14 10:11:39 AM
#2343   Re The old wells being shut in. hebercreeper 07/12/14 01:55:58 AM
#2342   the feecal wait continues... hebercreeper 07/11/14 09:15:52 AM
#2341   News out! powerbattles 07/11/14 08:52:50 AM
#2340   should see a deal in the next few dshade 07/11/14 08:42:13 AM
#2339   yep. hope good sign dshade 07/02/14 01:40:01 PM
#2338   volume creeping up~! JUST 10-11-12 07/02/14 01:36:27 PM
#2337   slow and steady dshade 07/01/14 11:37:14 AM
#2336   Far East Energy Confirms Increased Gas Sales, and dshade 06/26/14 09:37:23 AM
#2335   perhaps. it is a huge asset. not being dshade 06/25/14 08:13:24 AM
#2334   Including...let's not get greedy. I'm trying to be real here. hebercreeper 06/25/14 01:29:39 AM
#2333   $200m is likely conservative surfer44 06/25/14 01:16:04 AM
#2332   I have stated in the past that Mike hebercreeper 06/25/14 12:09:57 AM
#2331   we shall see. holding and watching dshade 06/24/14 09:54:47 AM
#2330   Seems like decent risk/reward at .08. I hebercreeper 06/24/14 09:53:17 AM
#2329   so farm out or sale looks to be dshade 06/24/14 09:46:23 AM
#2328   "Sales production levels have continued to increase with dshade 06/24/14 09:06:52 AM
#2327   Far East Energy Confirms Increased Gas Sales, And surfer44 06/24/14 08:57:49 AM
#2326   Or is it merely just a storm raging hebercreeper 06/24/14 03:15:17 AM
#2325   however, zzz is long here lately dshade 06/23/14 03:32:29 PM
#2324   lol. I think we are about to hear dshade 06/19/14 01:23:47 PM
#2323   calm before the storm, or is it calm surfer44 06/19/14 01:22:50 PM
#2322   zzzzz volume dshade 06/19/14 12:24:23 PM
#2321   Well they are planning on making it happen imo dshade 06/19/14 08:30:45 AM
#2320   Maybe but he's had that clause in the runncoach 06/18/14 06:29:29 PM
#2319   CNOOC,BP Sign 20-Year LNG Supply Deal surfer44 06/18/14 06:02:16 PM
#2318   Mike setting himself up for nice golden parachute. hebercreeper 06/18/14 05:51:09 PM
#2317   Form 8-K filed today surfer44 06/18/14 05:42:44 PM
#2316   very quiet today dshade 06/18/14 10:56:00 AM
#2315   Xi stresses efforts to revolutionize energy sector surfer44 06/14/14 12:09:20 AM
#2314   thx for the effort. can I ask what surfer44 06/13/14 02:11:18 PM
#2313   yes 2 dshade 06/13/14 01:55:53 PM
#2312   did you really? surfer44 06/13/14 01:49:46 PM
#2311   fired one off to them dshade 06/13/14 11:58:48 AM
#2310   must have got the memo surfer44 06/13/14 10:40:09 AM
#2309   surfer44 06/12/14 01:48:43 PM
#2308   oil going up. enough said. surfer44 06/12/14 01:11:36 PM
#2307   longer than planned, but, this will get there dshade 06/12/14 12:13:35 PM
#2306   added more..sars drop JUST 10-11-12 06/12/14 11:30:19 AM
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