Las Vegas, NV -- (SBWIRE) -- 01/24/2014 -- Far East Energy Corp (OTCMKTS:FEEC) is engaged in the acquisition, exploration, development, as well as production of coalbed methane gas properties in the People's Republic of China. It was set up in 2000 and is headquartered in Houston, Texas.
Far East Energy Corp, together with its subsidiaries, holds 3 production sharing contracts, which approximately covers the 409,824 acre Shouyang Block in Shanxi Province. Another one is in the Laochang Area comprising of 119,327 acres in Yunnan Province and the 573,000 acre Qinnan Block in Shanxi Province.
Far East Energy Corp had estimated net proved gas reserves of 51.3 MMcf, as well as estimated total net probable reserves of 392.4 MMcf.
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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