Far East Energy announced it has ceased operations and commenced bankruptcy proceedings by filing a voluntary petition for relief under provisions of Chapter 7 of Title 11 of the US Code to initiate an orderly liquidation of the assets of the Company. The Chapter 7 Case is entitled "In re Far East Energy Corp." and is being administered under case [...]
Far East Energy announced that Far East Energy (Bermuda), Ltd., a wholly owned subsidiary of Far East Energy, has entered into a Term Loan Facility Agreement, effective September 29, 2015, with the lenders party thereto. The TLFA has a term ending March 29, 2016 and up to which $16,263,604 in aggregate principal amount will be loaned to FEEB in [...]
Far East Energy provides the following updates. Production and Sales Update Production volumes for the Shouyang PSC during the second quarter of 2015 were approximately 1.59 million cubic feet per day, compared to production rates for the first quarter of 2015 of roughly 1.69 MMcf/d as last reported on June 3, 2015. As previously reported [...]
Far East Energy announced that it has entered into an engagement letter with its independent registered accounting firm, Whitley Penn LLP, to conduct an audit of the Company's 2014 financial results. Further, it is announced that Far East Energy (Bermuda), Ltd., a wholly owned subsidiary of the Company, has received an extension of its $1.4 Million [...]
Far East Energy announces that Far East Energy (Bermuda) has entered into a $4 Million TLFA, effective June 26, 2015, with the lenders party thereto; and, further announces that an extension of the maturity date of the existing $1.4 Million OTLFA that FEEB entered into on Feb 24, 2015 with the lenders party thereto. The new TLFA matures on Oct 8 [...]
Far East Energy provides the following updates. Production and Sales Update Production volumes for the Shouyang PSC during the first quarter of 2015 were approximately 1.69 million cubic feet per day, compared to production rates for the fourth quarter of 2014 of roughly 1.84 MMcf/d as last reported on April 2, 2015. As previously reported [...]
HOUSTON, May 1, 2015 /CNW/ -- Far East Energy Corporation (OTCQB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, announces an extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB). The [...]
HOUSTON, April 9, 2015 /CNW/ -- Far East Energy Corporation (OTCQB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, today announced that Far East Energy (Bermuda), Ltd. (FEEB), a wholly owned subsidiary of Far East Energy Corp., has [...]
HOUSTON, April 2, 2015 /CNW/ -- Far East Energy Corporation (OTCBB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (Shouyang PSC) in Shanxi Province, People's Republic of China, provides the following operations update in order to keep the investors informed. Production and Sales Update [...]
HOUSTON, Feb. 27, 2015 /CNW/ -- Far East Energy Corporation (OTCQB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, today announced that Far East Energy (Bermuda), Ltd. (FEEB), a wholly owned subsidiary of Far East Energy Corp., has [...]
HOUSTON, Feb. 20, 2015 /CNW/ -- Far East Energy Corporation (OTCQB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, announces an extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB). The [...]
HOUSTON, Jan. 15, 2015 /CNW/ -- Far East Energy Corporation (OTCQB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, announces a further extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB [...]