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Mac ELwrath.....As former Acting Assistant Energy Secretary in the George H.W. Bush Administration and as an International Negotiator in the Reagan Administration, Mr. McElwrath is a sought after speaker with regard to China's energy issues. Mr. McElwrath has become a regular featured speaker at the annual U.S. - China Oil and Gas Industry Forum and a guest speaker at meetings hosted by China's powerful National Development and Reform Commission (NDRC) and China United Coalbed Methane Corporation (CUCBM) for the purpose of discussing Chinese Energy Policy in general, and the natural gas and coalbed methane industries in particular
One Director of BZP now is CFO of FEEC .... and have shares of both company !
http://biz.yahoo.com/t/72/456.html
One Director of BZP now is CFO of FEEC .... and have shares of both company !
http://biz.yahoo.com/t/72/456.html
I like your opinion about FEEC the chart ?
thanks in advance
One Director of BZP now is CFO of FEEC .... and have shares of both company !
http://biz.yahoo.com/t/72/456.html
FEEC to Amex!!!! just received an email from a good friend. FEEC`s CEO said company applying Amex!!!! my friend attended yesterday and today 2008 China Growth Conference. remember stock needs to hit $1 for that!!!
FEEC to Amex!!!! just received an email from a good friend. FEEC`s CEO said company applying Amex!!!! my friend attended yesterday and today 2008 China Growth Conference. remember stock needs to hit $1 for that!!!
FEEC - takeover in progress ?
FEEC 0.70 $ -- 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. WORLD BANK PROYECT .
www.worldbank.org
FEEC 0.70 $ -- 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. WORLD BANK PROYECT .
www.worldbank.org
FEEC -- 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.
FEEC - U.S.-based Far East Energy Corporation is 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.
www.worldbank.com
Although much smaller companies – for example, Far East Energy Corporation (OTC BB: FEEC) – each one had connections within China to obtain massive CBM gas concessions – some about one-third the size of Rhode Island. Far East Energy, deceivingly tiny as an energy company (market cap: $136 million), developed its relationship with CUCBM through previous political connections. Chief Executive Michael McElwrath served briefly as Acting Assistant U.S. Secretary of Energy for Fossil Energy under President George Bush, Sr. Chief Financial Officer Bruce Huff was formerly President and Chief Operating Officer of Harken Energy, a company with which President Bush, Jr. was involved. A technical advisor, Don Gunther, was formerly Vice Chairman of the Bechtel Group, a company whose alumni populated the Reagan and Bush administrations.
In Far East Energy’s case, the plum award was a 1.3-million-acre concession in China’s coal rich Shanxi and Yunnan provinces. The properties have potential recoverable CBM resource of between 9.2 and 12.5 trillion cubic feet. They are situated near two major national pipelines running to both Beijing and Shanghai. According to the company’s website, when the Shanxi project is fully developed, it could sustain an estimated 3,000 horizontal gas wells. If that’s the case, this might become one of the world’s largest CBM projects.
Chairman John Mihm had been a senior vice president for Phillips Petroleum, prior to the company’s merger with Conoco, and was involved in supplying technical support for the ConocoPhillips Shanxi project before it was farmed out to Far East Energy. If ConocoPhillips participated only on an overriding-royalty basis, then Far East would partner with CUCBM and own 66.5-percent of Shanxi. If ConocoPhillips participates, Far East would retain a 40-percent interest.
http://www.energyefficienthomearticles.com/Article/alternative-energy---natural-gas----Investing-in-China-s-Energy-Security-Crisis--Part-One-/2232
Adam Friedman Associates, in Partnership with Friedland Events Announces Chinese Companies to Present at Spring 2008 China Growth Conference to Be Held May 22nd at the Harvard Club of New York City
Day-Long Event Features Presentations and Networking
NEW YORK, May 07, 2008 (BUSINESS WIRE) -- Adam Friedman Associates (AFA), a leading New York-based communications consultancy specializing in investor relations and financial communications, in partnership with Friedland Investment Events, LLC, today announced the Chinese companies that are scheduled to present at the Spring 2008 China Growth Conference, which will be held on May 22nd at the Harvard Club of New York City.
A preliminary list of companies scheduled to present includes: Biztrader.com, Biostar Pharmaceutical, China Power Equipment (HKSE:2380), China YCT International Group (OTC BB: CNEH), Far East Energy Corporation (OTC BB: FEEC), Global Optima, LLC, New Dragon Asia Corporation (AMEX:NWT), New Market China (OTC BB: NMCH), OmniLuo (OTC BB:OLOU), Tianjin Petroleum, and Vista International (OTC BB: VVIT).
To date, the following organizations have agreed to sponsor the conference: Business Wire, Crone Rozynko, LLP, Greater China Stocks, InvestorCom, Inc, The Mergermarket Group, Restricted Securities Trading Network, Standard & Poor's, vFinance, Wall Street Research and WallStreet.Net. The Asia Society and Brean Murray Carret & Co. will also be participating in the Conference as Outreach Partners. Additional sponsorship opportunities are still available.
Adam Friedman, AFA's principal, commented, "The goal for our spring China Growth Conference is to bring Chinese-based companies and investors together in an environment that allows them to interact and provide opportunities to develop relationships, particularly with regard to capital raising. Both the range of investment opportunities represented by the companies and the quality of investor attendees allows for outstanding networking opportunities."
Additional information about presenting, sponsoring or attending the Conference is available at www.adam-friedman.com/china/2008. (There is no cost for investors to attend.)
SOURCE: Adam Friedman Associates
CONTACT: Adam Friedman Associates
Hadas Streit, 212-981-2529, ext. 22
hadas@adam-friedman.com
China is estimated to have the world's third-largest coalbed methane resources, which will play an important role in the country's plan to become a low-carbon economy. The successful development of coalbed methane is heavily dependent on the transfer of technology and expertise from countries like the United States, a leader in implementing coalbed methane technology.
U.S.-based Far East Energy Corporation is 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.
IFC Invests in Cleaner Energy Technology in China
In Washington, D.C.
Hannfried von Hindenburg
Phone: +1 (202) 458-5613, E-mail: hvonhindenburg@ifc.org
In Beiing
Wenqin Zhu
Phone: + 86 10 5860 3130,E-mail: wzhu@ifc.org
In Hong Kong
Andrew Mak
Phone: + 852 25 09 81 10, E-mail: amak@ifc.org
Washington, D.C., August 28, 2007 - IFC, a member of the World Bank Group, has signed a financing agreement to support the development of China's coalbed methane resources, a cleaner, safer, and more efficient energy source than coal. IFC's $15 million equity investment in Far East Energy Corporation will help fund the exploration and develop over 5,000 square kilometers of deposits in the Shanxi and Yunnan provinces in central and southeastern China.
Coalbed methane, a gas found in coal deposits, is extracted using nonconventional methods and state-of-the-art drilling technology. It has significant environmental and health benefits compared to other fossil fuels due to lower emissions of carbon dioxide and toxic pollutants.
"Given China's significant coalbed methane resources, this investment has the potential to help the country meet its growing energy needs by using domestic resources in an environmentally conscious manner," said Somit Varma, IFC Director for Oil, Gas, Mining, and Chemicals. "We are excited to partner with Far East Energy, a company that has excellent management and the technical expertise needed to develop this unconventional energy source."
China is estimated to have the world's third-largest coalbed methane resources, which will play an important role in the country's plan to become a low-carbon economy. The successful development of coalbed methane is heavily dependent on the transfer of technology and expertise from countries like the United States, a leader in implementing coalbed methane technology.
U.S.-based Far East Energy Corporation is 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.
As an equity investor in Far East Energy Corporation, IFC will help the company develop best practices in local community engagement and a long-term strategy to leverage potential carbon finance opportunities under the Kyoto Protocol, the U.N. framework that seeks to reduce global greenhouse gas emissions. IFC will also provide guidance on environmental standards. Far East Energy Corporation will use IFC's funds for its exploration program and the completion of a feasibility study as well as social and environmental impact assessments. IFC is also considering participating in the project's long-term financing when it proceeds to commercial development.
"We are proud to be the first coalbed methane company in China to receive IFC funds, and we consider this to be a strong vote of confidence in our projects," said Michael R. McElwrath, CEO and President of Far East Energy. "This investment from one of the premier financial institutions in the world will allow us to accelerate our explorations in the Shanxi province, as well as in our other holdings in the country."
About IFC
IFC, a member of the World Bank Group, fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments. IFC's vision is that poor people have the opportunity to escape poverty and improve their lives. In FY06, IFC committed $8.3 billion, including loan participations, to 284 investments in 66 developing countries. For more information, please visit http://www.ifc.org.
About Far East Energy Corporation
Far East Energy's operations in China include the Shouyang and Qinnan Blocks, which are part of a million-acre coalbed methane exploration project in Shanxi Province. Far East Energy also has a 265,000-acre coalbed methane exploration project in Yunnan Province. Based in Houston, Texas, with offices in Beijing, Kunming, and Taiyuan City, China, Far East Energy is focused on coalbed methane exploration and development in China through its agreements with China United Coalbed Methane Company, Ltd. In the past couple of months, Far East Energy has procured extensions of its exploration period, and gas has begun to flow from its Shouyang Block.
Comments about the conference?
HOD 0.83$
FEEC annotated chart:
Thanks
FEEC look chart ready to fly
FEEC - WORLD BANK oil and Gas STAKE going UP STRONG look !
FEEC - World Bank Oil and gas STAKE ready to RUN !
my target easy above 1$
FEEC wooooooooowwwwwwwwww
Sorry LONGS
Merryl Lynch Downgrade PCU ! Ouch
Strong BUY ASTI
look great
FEEC great news soon
FEEC amazing proyect ..... http://www.secinfo.com/dsvRu.17D9.d.htm
FEEC insider buying !!!!!!
Wang please more info about FEEC , why insiders buying ?
good Chart and insiders buying !!!!!!
FEEC .... Big NEWS in this events . STRONG BUY look !
CURRENT AND UPCOMING EVENTS
All Cap All China Conference
May 19-20 hosted by Brean Murray Carret & Co.
The Waldorf Astoria, New York, NY
Presenting at 1:15 pm EST
The Spring 2008 China Growth Conference
The Harvard Club of New York City – May 22, 2008
Presented by Adam Friedman Associates LLC and
Friedland Events LLC (a Norita Capital Partners Inc. company)
Luncheon Speaker – Michael R. McElwrath,
Far East Energy Corporation Announces Financing For Development of Coalbed Methane Projects in China
$15 million Investment by the International Finance Corporation WORLD BANK
Plans to Accelerate Drilling Program
Far East Energy Corporation (OTC BB: FEEC) announced today that it entered into a subscription agreement with International Finance Corporation (IFC), a member of the World Bank Group, to help fund Far East Energy’s coalbed methane exploration and development program in China. Far East Energy, one of the largest holders of coalbed methane deposits in China, will use the proceeds to finance a portion of its operations in China, including planned drilling and development of coalbed methane production, and for working capital purposes.
Far East Energy sold, at a price of $1.306 per share, a total of 11,485,452 shares of its common stock to IFC for total gross proceeds of $15 million. Far East Energy also issued warrants to IFC to purchase 4,019,908 shares of common stock with an exercise price of $2.61 per share.,
Far East Energy may redeem the warrants if the shares of the company's common stock trade at a price equal to or in excess of $3.92 per share for fifteen or more consecutive trading days. Far East Energy will pay no commissions or finder fees in connection with the offering
FEEC .... Big NEWS in this events . STRONG BUY look !
CURRENT AND UPCOMING EVENTS
All Cap All China Conference
May 19-20 hosted by Brean Murray Carret & Co.
The Waldorf Astoria, New York, NY
Presenting at 1:15 pm EST
The Spring 2008 China Growth Conference
The Harvard Club of New York City – May 22, 2008
Presented by Adam Friedman Associates LLC and
Friedland Events LLC (a Norita Capital Partners Inc. company)
Luncheon Speaker – Michael R. McElwrath,
Far East Energy Corporation Announces Financing For Development of Coalbed Methane Projects in China
$15 million Investment by the International Finance Corporation WORLD BANK
Plans to Accelerate Drilling Program
Far East Energy Corporation (OTC BB: FEEC) announced today that it entered into a subscription agreement with International Finance Corporation (IFC), a member of the World Bank Group, to help fund Far East Energy’s coalbed methane exploration and development program in China. Far East Energy, one of the largest holders of coalbed methane deposits in China, will use the proceeds to finance a portion of its operations in China, including planned drilling and development of coalbed methane production, and for working capital purposes.
Far East Energy sold, at a price of $1.306 per share, a total of 11,485,452 shares of its common stock to IFC for total gross proceeds of $15 million. Far East Energy also issued warrants to IFC to purchase 4,019,908 shares of common stock with an exercise price of $2.61 per share.,
Far East Energy may redeem the warrants if the shares of the company's common stock trade at a price equal to or in excess of $3.92 per share for fifteen or more consecutive trading days. Far East Energy will pay no commissions or finder fees in connection with the offering