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Far East Energy Corp. (FEECQ)

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Last Post: 5/5/2016 5:48:58 PM - Followers: 80 - Board type: Free - Posts Today: 11

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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FEEC News: Current Report Filing (8-k) 11/10/2015 05:23:03 PM
#3227  Sticky Note The company owns near One Hundred and Ten Value_Investor 05/01/16 06:07:04 PM
#3249   Here is the court Info. you asked: Value_Investor 05/05/16 05:48:58 PM
#3248   What is the logic here? FEECQ was trading Value_Investor 05/05/16 01:48:27 PM
#3247   Look at the Q peer with larger SS Value_Investor 05/05/16 01:08:33 PM
#3246   LETS FLY $$...FEECQ SHOULD BE AT PENNIES ALREADY. halbroke1 05/05/16 12:58:30 PM
#3245   With over 35M shares Huge bids support at Value_Investor 05/05/16 12:56:15 PM
#3244   Back to 0.0003 x 0.0004 now. FEECQ is Value_Investor 05/05/16 12:47:10 PM
#3243   FEECQ is a Zero-Dilution Q stock with the Value_Investor 05/05/16 12:07:46 PM
#3242   your FEECQ 0.0003! sahin 05/05/16 12:05:09 PM
#3241   I don't understand why someones were willing to Value_Investor 05/05/16 12:00:12 PM
#3240   light volume dip, hmmm Rainer 05/05/16 10:13:13 AM
#3239   FEECQ is up 150% today with 26.5M+ shares Value_Investor 05/05/16 12:29:49 AM
#3238   Unfortunately all those assets go bye bye next runncoach 05/04/16 05:49:36 PM
#3237   FEECQ: Very nice close today --- at the Value_Investor 05/04/16 04:13:20 PM
#3236   If the Ending "Q" drops off like its Value_Investor 05/04/16 02:38:27 PM
#3235   FEECQ...THE Q MIGHT FALL. .SOMEONE KNOWS SOMETHING..HUGE MERGER halbroke1 05/04/16 01:55:06 PM
#3234   0.0004 just hit! FEECQ is up 100% so Value_Investor 05/04/16 01:45:58 PM
#3233   FEECQ...GOING TO FLY..OVER 100 MILLION IN ASSETS. halbroke1 05/04/16 01:35:51 PM
#3232   FEECQ is on fire today with huge volume! Value_Investor 05/04/16 01:19:41 PM
#3231   GO $FEECQ 3x4 !!!! chesco71_com 05/04/16 01:03:55 PM
#3230   12.502M-0.0002 x 0.83M-0.0003 now. The bids size is Value_Investor 05/04/16 12:24:17 PM
#3229   12.677M-0.0002 x 2.326M-0.0003 now. The next ask is Value_Investor 05/02/16 12:27:08 PM
#3227   The company owns near One Hundred and Ten Value_Investor 05/01/16 06:07:04 PM
#3226   FEECQ is trading at measly $69K MV now Value_Investor 04/29/16 04:59:28 PM
#3225   LOL, 100% Misleading Info. again! Obviously that is Value_Investor 04/26/16 05:09:14 PM
#3224   Can you please name the adress of the newbie 46 04/26/16 03:39:56 PM
#3223   You're right, the PSC is going to be runncoach 04/25/16 06:41:56 AM
#3222   At $0.005 the MV of FEECQ is just Value_Investor 04/24/16 01:37:11 PM
#3221   FEECQ WILL SEE .005+ SOON....SOMETHING IS GOING TO HAPPEN.. halbroke1 04/23/16 02:42:32 PM
#3220   Folks here, it seems no more dirt cheap Value_Investor 04/22/16 12:11:35 PM
#3219   17.889M-0.0002 x 0.82M-0.0003 now. FEECQ is up 50% Value_Investor 04/21/16 03:07:39 PM
#3218   Agreed! Hyper Thin asks from the Real-Time Level2! Value_Investor 04/14/16 01:46:42 PM
#3217   FEECQ...READY TO MOVE...SO UNDERVALUED. halbroke1 04/14/16 01:07:29 PM
#3216   FEECQ is up 50% so far! 12.697M-2 x Value_Investor 04/14/16 10:25:51 AM
#3215   FEECQ is an hot Energy stock with $109.616M Value_Investor 04/14/16 01:05:40 AM
#3213   7.582M-0.0002 x 1.802M-0.0003 now. The next ask is Value_Investor 04/08/16 03:19:36 PM
#3212   Wow, One non-reporting Energy peer with 929,569,148 shares Value_Investor 04/06/16 05:09:24 PM
#3211   17.045M-0.0002 x 389K-0.0003 now. The next ask is Value_Investor 04/01/16 10:06:42 AM
#3210   Up 50% so far! 21.63M-2 x 0.33M-3 now. Value_Investor 03/30/16 11:48:43 AM
#3209   As in liquidating assets? It could. integral 03/29/16 08:10:59 PM
#3208   Most likely but could take quite awhile. runncoach 03/27/16 05:22:54 PM
#3207   Will the shares be wiped out on this one?? moneybagsclay 03/27/16 11:59:35 AM
#3206   Buy all you want. Asset value goes runncoach 03/26/16 02:31:15 PM
#3205   FEECQ has Hyper Thin asks of Level2: measly Value_Investor 03/25/16 04:20:22 PM
#3204   LOL, At $0.0002 I'm willing to own 100M Value_Investor 03/25/16 03:58:19 PM
#3203   God I feel sorry for anyone who owns runncoach 03/24/16 06:38:08 AM
#3202   No. Huge difference: did you see one seller Value_Investor 03/23/16 05:55:31 PM
#3201   Because when a stock loses 99%+ of its runncoach 03/22/16 07:40:06 AM
#3200   30.743M-2 x 635K-3 now. Anyones who think FEECQ Value_Investor 03/18/16 02:48:07 PM
#3199   30.797M-0.0002 x 634K-0.0003 now. FEECQ is up 50% Value_Investor 03/17/16 12:37:02 PM