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Far East Energy (FEEC)

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Last Post: 11/19/2014 1:12:32 PM - 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

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FEEC News: Quarterly Report (10-q) 11/06/2014 08:01:52 AM
FEEC News: Current Report Filing (8-k) 10/31/2014 08:00:38 AM
FEEC News: Far East Energy Announces Further Extension of Existing Loan Facility; Adjacent Gas Plant Completed 10/30/2014 11:25:00 AM
FEEC News: Far East Energy Announces Further Extension of Existing Loan Facility; Adjacent Gas Plant Completed 10/30/2014 11:25:00 AM
FEEC News: Far East Energy Announces Further Extension of Existing Loan Facility; Adjacent Gas Plant Completed 10/30/2014 11:05:00 AM
PostSubject
#2194  Sticky Note FEEC Gas Production Surpasses 2.25 Million Per Day, dshade 05/07/14 03:37:19 PM
#2443   $NATGAS has been on fire in recent weeks, SPM555 11/19/14 01:12:32 PM
#2442   This is the only China clean energy/pollution play hebercreeper 11/12/14 11:35:42 AM
#2441   The power plant that is being opened doesn't hebercreeper 11/10/14 01:02:36 PM
#2440   The power plant that is being opened doesn't Shenfein 11/09/14 09:59:35 PM
#2439   Interesting article. They are reporting this about hebercreeper 11/07/14 06:26:24 PM
#2438   Who's watching L2? Fun game proving TDA hebercreeper 11/07/14 04:00:06 PM
#2437   China-focused CBM developer extends bank loan Shenfein 11/07/14 10:47:57 AM
#2436   Letter Agreements On November 3, 2014, the Company entered hebercreeper 11/06/14 04:38:14 PM
#2435   Producing but not enough as we know dshade 11/06/14 09:19:35 AM
#2434   $FEEC: Quarterly Report surfer44 11/06/14 08:43:49 AM
#2433   Maybe a combination of more supply, less demand, surfer44 11/01/14 04:48:49 PM
#2432   Hey Surfer, I just wanna get your 2 Fat Tony 11/01/14 04:19:11 PM
#2431   Still interesting here. dshade 10/30/14 03:05:17 PM
#2430   Far East Energy Announces Further Extension of Existing powerbattles 10/30/14 01:18:16 PM
#2429   Thanks for the link. Really goes to runncoach 10/23/14 07:32:01 AM
#2428   Link from prior post: blogs.platts.com/2014/07/28/china-energy-sector/ hebercreeper 10/22/14 11:55:14 PM
#2427   Blog post from Platt's regarding the Enviro Energy/CNPC hebercreeper 10/22/14 11:54:12 PM
#2426   14th Annual US/China Oil & Gas Forum was hebercreeper 10/17/14 11:54:08 PM
#2425   lol dshade 10/13/14 01:51:28 PM
#2424   How do we spin this as an ebola play? hebercreeper 10/13/14 01:26:15 PM
#2423   Nice volume at the open :-) surfer44 10/13/14 09:39:25 AM
#2422   Yep. But, we still wait for the deal..... dshade 10/13/14 09:09:38 AM
#2421   $FEEC: Far East Energy Receives ODP "Road Pass" surfer44 10/13/14 09:09:00 AM
#2420   I agree with not celebrating too early. Over surfer44 10/03/14 03:46:05 PM
#2419   It's far too early to break out the hebercreeper 10/03/14 03:35:44 PM
#2418   Very interesting, thanks for the reply. The price SPM555 10/03/14 03:26:03 PM
#2417   They are in talks with third parties about surfer44 10/03/14 03:23:13 PM
#2416   Hmm, FEEC has been dowtrending since June 2013 SPM555 10/03/14 03:17:27 PM
#2415   Found cool video of rocket launch..... surfer44 10/03/14 02:57:34 PM
#2414   that's a bump up, someone know something? dshade 10/03/14 02:39:32 PM
#2413   Heavy volume rock n' roll. Been watching all surfer44 10/03/14 02:30:04 PM
#2412   indeed dshade 09/27/14 12:05:24 PM
#2411   No, just a change in wording from "reduction" hebercreeper 09/26/14 07:31:06 PM
#2410   $FEEC: FORM 8-K: Compensatory Arrangements Of Certain Officers surfer44 09/26/14 05:13:07 PM
#2409   was that a pay cut? dshade 09/26/14 04:43:30 PM
#2408   They don't drill the same type of way. runncoach 09/18/14 09:19:11 PM
#2407   Yes, but Green Dragon and Sino are getting hebercreeper 09/18/14 07:49:10 PM
#2406   They suckered me in with the same in runncoach 09/18/14 03:46:49 PM
#2405   I'm approaching my 12 month mark here but hebercreeper 09/18/14 03:06:03 PM
#2404   for us "investors" who think the stock price sahd3g 09/18/14 08:11:45 AM
#2403   $FEEC: Far East Energy Welcomes Higher Chinese Gas surfer44 09/15/14 09:02:58 AM
#2402   appears they are still in the game. 8-k dshade 09/15/14 08:32:32 AM
#2401   Well there's not much money left surfer so hebercreeper 09/11/14 02:01:10 PM
#2400   if not now, when? surfer44 09/11/14 09:38:49 AM
#2399   nope. I've got this puppy on auto-pilot. :-) surfer44 09/04/14 04:07:11 PM
#2398   shhhh, we don't want to scare it hebercreeper 09/04/14 01:15:15 PM
#2397   still alive over here? dshade 09/03/14 04:10:29 PM
#2396   $FEEC I am nibbling here mid 6's so far beachtrader 08/22/14 04:04:20 PM
#2395   Same old song and dance. His variety runncoach 08/22/14 06:50:40 AM
#2394   “We are considering a variety of strategic transactions hebercreeper 08/21/14 11:04:14 PM
PostSubject