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Far East Energy Corp (OTCMKTS:FEEC) Increase in the Gas Production

 
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Las Vegas, NV -- (SBWIRE) -- 12/30/2013 -- Far East Energy Corp (OTCMKTS:FEEC) serves in coalbed methane gas exploration, development, production and sales. The company mainly operates through its subsidiary is Far East Energy. The company is member of production sharing contracts that cover 485,000 acre Shouyang Block, 573,000 acre in Qinnan Block. This makes around 265,000 acres in Yunnan Province.

Far East declared that there is 22% increase in gas production of the company since December 16, 2013. Now, the gas production of the company is 1,157,967 cubic feet per day. The company says that it had 1,412,744 cubic feet per day production in China on December 19.

Far East Energy Corp says that it is also experiencing a rise in field water production rate. The company says that its dewatering efforts showed effects on the total dewatering process.

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

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