OTCMAGIC

Far East Energy Corp. (OTCMKTS: FEEC) Increase in the Gas Price but Still Optimistic

 
Repost This

Las Vegas, NV -- (SBWIRE) -- 12/17/2013 -- Far East Energy Corp. (OTCMKTS: FEEC) is settled in Houston, Texas and was formed in 2000. The company via its subsidiaries focuses on acquiring, exploring, developing and producing the coal bed methane gas possessions in the Shanxi Province of People’s Republic of China.

FEEC recently announced a significant increase of 42% in its Gas pricing for 2014, taking effect from 1st of January. The company also announced that there has been an increase in gas volumes as well but because of the recent negotiations with the Shanxi Provincial Guoxin (SPG) regarding the rising and sturdy demand for natural gas from Shanxi Province itself, the CBM prices have to be increased.

Subsequently on this occasion the CEO of the Far East was still looking very optimistic.

To find out what OTCMAGIC projects Far East Energy Corp, for both short term and long term please click here: FEEC

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Hot Stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.