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rocketeer357

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rocketeer357

Re: None

Wednesday, 05/27/2009 9:45:02 PM

Wednesday, May 27, 2009 9:45:02 PM

Post# of 17739
FEEC, Far East Energy, .34

Coalbed methane play (huge) in China which has risen as of late but has much further to go. Lots of recent insider buys and a JV for one of their properties with an Aussie comnpany that will carry the load of drilling and exploration in return for 72% and a potential 63 million dollar payout. FEEC should be free to concentrate its time and cash on the Shouyang Block.

Close to a pipeline for the methane. The company is run by some industry pros.

I started a position today at .33

http://www.fareastenergy.com/index.php

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