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Far East Energy Corp. (FEECQ)

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Last Post: 7/28/2016 9:24:53 PM - Followers: 93 - Board type: Free - Posts Today: 12

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
#3227  Sticky Note The company owns near One Hundred and Ten Value_Investor 05/01/16 06:07:04 PM
#4350   Spend the 59 bucks yourself. I'm not runncoach 07/28/16 09:24:53 PM
#4349   You mean other than the 130 million in runncoach 07/28/16 09:22:48 PM
#4348   FEECQ has total 1,051,700 shares of nice trading Value_Investor 07/28/16 05:38:36 PM
#4347   24M x 3M now. The bids size is Value_Investor 07/28/16 03:16:07 PM
#4346   BUY DONT SELL BUY AS MUCH AS YOU greekgal72 07/28/16 02:51:09 PM
#4345   Stacking big chunk of shares at the ask Value_Investor 07/28/16 12:47:41 PM
#4344   games? Michel 07/28/16 12:43:40 PM
#4343   The 0.0004s reduced to 3.372M shares now from Value_Investor 07/28/16 12:40:17 PM
#4342   now, 8 mill Michel 07/28/16 12:35:59 PM
#4341   Yes. Not a good sign! This kind of Value_Investor 07/28/16 12:00:03 PM
#4340   $FEECQ Wall at .0004 is being built, ~7M trading.jeff 07/28/16 11:53:06 AM
#4339   24.434M-0.0002 x 7.2M-0.0004 now. Someone sold 1,051,700 shares Value_Investor 07/28/16 11:50:31 AM
#4337   "No volume" means nobody wants to sell any Value_Investor 07/27/16 08:53:28 PM
#4336   NO volume today,,gonna be 4 trading weeks before greekgal72 07/27/16 05:19:07 PM
#4335   Total 3,052,300 shares ask at 0.0004 now which Value_Investor 07/27/16 10:27:22 AM
#4334   buying 25 mil @.0004 nay be difficult im greekgal72 07/26/16 10:16:25 PM
#4333   FEECQ is up 33.33% so far! 0.0004 just Value_Investor 07/26/16 12:45:51 PM
#4332   $FEECQ .0004s just hit; 11.7K shares remain on trading.jeff 07/26/16 12:42:13 PM
#4331   I see one MM on the bid at trading.jeff 07/26/16 11:47:30 AM
#4330   No more 0.0003s! $686 worthy Slapping shares will Value_Investor 07/26/16 11:44:37 AM
#4329   301K-0.0003 x 1.713M-0.0004 now. The next ask is Value_Investor 07/26/16 10:00:27 AM
#4327   If we see 2M or more shares bid Value_Investor 07/25/16 04:14:24 PM
#4326   Say what? An order for nearly 1M .0003s trading.jeff 07/25/16 03:59:02 PM
#4325   Dried out 0.0003s sales! 0.0004 is the Lowest Value_Investor 07/25/16 03:52:08 PM
#4324   It seems the dirt cheap 0.0003s sales are Value_Investor 07/25/16 03:17:49 PM
#4323   No more sales at the New bottom support 0.0003? Value_Investor 07/25/16 03:08:40 PM
#4322   Which means some Hidden shares at the bid 0.0003 trading.jeff 07/25/16 03:07:09 PM
#4321   I saw that. Maybe they were fake. trading.jeff 07/25/16 03:05:03 PM
#4320   The 0.0004s was reduced by 1M shares from Value_Investor 07/25/16 02:08:03 PM
#4319   1M x 1.7M now. Someone just sold 30,000 Value_Investor 07/25/16 01:53:29 PM
#4318   1M-0.0003 x 2.7M-0.0004 now. You can buy 2.7M Value_Investor 07/25/16 12:56:34 PM
#4317   All the current asking shares at 0.0004s only Value_Investor 07/25/16 12:04:18 PM
#4316   $FEECQ Nearly 40M shares on the bid at trading.jeff 07/25/16 11:58:36 AM
#4315   Breaking-up the most recent high 0.0007 is the Value_Investor 07/25/16 10:20:02 AM
#4314   "Hyper Oversold" is another huge advantage for FEECQ! Value_Investor 07/25/16 10:14:39 AM
#4313   thank you..the ticker is not garbage btw it greekgal72 07/25/16 07:54:41 AM
#4312   Greek gal. .Good luck with your Health ..Hope halbroke1 07/25/16 07:22:35 AM
#4311   total garbage. Atlanta1 07/25/16 12:41:55 AM
#4310   As I can tell there is no way Value_Investor 07/25/16 12:08:32 AM
#4309   I agree jeff thank you greekgal72 07/24/16 08:33:38 PM
#4308   Look at the L2 before you place your trading.jeff 07/24/16 08:31:43 PM
#4307   i know that jeff im just wondering if greekgal72 07/24/16 08:28:01 PM
#4306   My suggestion: Don't go for all 25M at trading.jeff 07/24/16 08:25:11 PM
#4305   I have chronic lyme disease and my health greekgal72 07/24/16 08:15:33 PM
#4304   Im buying $10,000 worth.Im expecting this money in greekgal72 07/24/16 08:08:12 PM
#4303   My "AON" bidding order was not filled at Value_Investor 07/24/16 04:36:55 PM
#4302   You're right! Let's force those 0.0003s sellers to Value_Investor 07/22/16 04:06:15 PM
#4301   Just got filled. I guess there are .0003s trading.jeff 07/22/16 03:54:43 PM
#4300   The day before yesterday I bid near 1M Value_Investor 07/22/16 03:51:09 PM
#4299   The .0003 order on the bid is mine, trading.jeff 07/22/16 03:47:16 PM