Far East Energy mit High Potential

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19.05.2006 21:23
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Far East Energy mit High Potential

Bin seit geraumer Zeit die FEN ab observieren. Ich möchte allen interessierten per Link die Gelegenheit bieten diese höchst interessante Aktie unter die Lupe zu nehmen:

midas-research.de/

auf PDF Top Empfehlung klicken.

Eure Meinungen sind erwünscht Biggrin

schöns weekend

Gruess Säschu

Aufklappen
13.02.2007 21:34
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FEEC konnte sich erholen von 0.6EUR auf über 0.8EUR, der 14.2. wird ein wichtiger Tag. Hier News:

Far East Energy Corporation Announces China Drilling Update and CEO Webcast

HOUSTON, Feb. 13 /PRNewswire-FirstCall/ -- Far East Energy Corporation (OTC Bulletin Board: FEEC) announced today that it recently completed drilling operations on its fifth horizontal well, FCC HZ05, in the Shanxi Province, maintaining the momentum on the Shouyang Block focus area containing high gas and high permeability. The total vertical depth of the FCC HZ05 was 472.4 meters or 1,550 feet, and the horizontal portion of the well completed in the targeted Number 15 coal seam totaled approximately 700 meters or 2,300 feet. This well was drilled in the same pattern as the HZ01, HZ03, and HZ04 wells with the objective of providing the maximum potential benefit to the dewatering process. Dewatering of the HZ05 will begin as soon as possible, supplementing the ongoing dewatering process for the HZ01, HZ02, HZ03 and HZ04 wells.

The gas content and permeability in Far East Energy's initial wells in the Shouyang Block focus area are very high based on well data obtained to date. High permeability allows gas to move with greater ease through the coal and from greater distances to the well, and can result in prolific wells similar to those in America's San Juan Basin or Australia's Fairview Field. However, high permeability also means that water can move to the well from greater distances, and it will take longer to dewater. The key to capitalizing upon the advantages offered by high permeability and high gas content, and to achieving maximum production at the earliest possible date, is to drill a pattern of additional wells as rapidly as possible in the Shouyang focus area.

"The completion of the HZ05 is another milestone in the patterned development plan designed to capitalize upon the great potential that often accompanies areas of high gas content coupled with high permeability," said Michael R. McElwrath, CEO of Far East Energy. "Developing a pattern of closely spaced wells, all working together to dewater a compressed area, should speed up the timeline with the goal of ultimately releasing gas across the entire pattern of wells under development in the Shouyang focus area."

Qinnan Block

The vertical well data obtained in the fourth quarter of 2006 is being used to assist in determining the location of the likely horizontal well in the No. 3 coal seam in the Qinnan Block. Depending on the results of the vertical well, Far East Energy must then, prior to June 1, 2007, either begin drilling one horizontal well or drill an equivalent number of vertical wells in the Qinnan Block. Contingent upon initiation of this development program, CUCBM has agreed in principle to sign a request for extension of the exploration phase from July 1, 2007 to July 1, 2009, subject to Ministry of Commerce approval.

Yunnan Project

The Company is in the process of drilling two new vertical wells in the Yunnan project, with the first of those two wells almost completed. The exploration period requires the drilling of the two vertical wells with an additional requirement to expend approximately $670,000 in exploration costs from January 1, 2007 to June 30, 2007. These wells will target the Nos. 7 and 8 coal seams in the Yunnan project acreage, which we believe are thicker than other prospective coal seams. Once the Company begins the work program as described above, CUCBM has agreed in principle to a two year extension agreement for the exploration period of this PSC, subject to final approval of the Ministry of Commerce.

Investor Conference Call

Far East Energy Corporation (OTC Bulletin Board: FEEC) will host a China operational update Webcast with CEO Michael McElwrath on Wednesday, February 14 at 11:00 a.m. Eastern.

What: China Operations Update and Investor Q&A Webcast

When: Wednesday, February 14, 2007 at 11:00 a.m. Eastern Standard Time

Where: www.fareastenergy.com

How: Live over the Internet -- Via the Far East Energy website

Investor Relations Contact:

David Nahmias

901-218-7770

dnahmias@fareastenergy.com

Far East Energy's operations include the Shouyang and Qinnan Blocks, which are part of 1,057,650 acre coalbed methane (CBM) project in Shanxi Province that Far East holds under farmouts from ConocoPhillips. Including its 264,863 acre project in Yunnan Province, the CBM concessions of Far East Energy contain a land mass slightly larger than the State of Delaware. The Shanxi properties are strategically located next to China's two largest pipelines leading to the industrial centers of Shanghai and Beijing.

Far East Energy Corporation

Based in Houston, Texas, with offices in Beijing, Kunming, and Taiyuan City, China, Far East Energy Corporation is focused on CBM exploration and development in China through its agreements with ConocoPhillips and China United Coalbed Methane Company, Ltd. (CUCBM).

Statements contained in this press release that state the intentions, hopes, beliefs, anticipations, expectations or predictions of the future of Far East Energy Corporation and its management are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. It is important to note that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. Actual results could differ materially from those projected in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include: the preliminary nature of well data, including permeability and gas content, and commercial viability of the wells; risk and uncertainties associated with exploration, development and production of oil and gas; drilling and production risks; our lack of operating history; limited and potentially inadequate cash resources; expropriation and other risks associated with foreign operations; anticipated pipeline construction and transportation of gas; matters affecting the oil and gas industry generally; lack of availability of oil and gas field goods and services; environmental risks; changes in laws or regulations affecting our operations, as well as other risks described in our Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission.

Bill Conboy / Vice President

CTA Integrated CommunicationsBill@ctaintegrated.com

303-665-4200

2007-04

SOURCE Far East Energy Corporation

11.01.2007 16:53
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wieder mal new's:

Far East Energy Corporation Announces Drilling Update and Successful Negotiation of New Terms for China PSCs

Houston, Texas, January 11, 2007– Far East Energy Corporation (OTC BB:FEEC) announced today that it recently commenced drilling operations on its fifth horizontal well, FCC HZ05 in the Shanxi Province, maintaining the momentum of the drilling program for the Shouyang Block focus area containing high gas and high permeability. This next horizontal well is being drilled in the same pattern as the HZ01, HZ03, and HZ04 wells, in order to provide the greatest benefit to the dewatering process. Far East Energy also indicated that while the dewatering process is continuing for the HZ01, HZ02, HZ03 and HZ04 wells, the HZ01 and HZ03 wells continue to provide continuous gas flow.

The gas content and permeability in Far East’s initial wells is very high based on well data obtained to date. High permeability allows gas to move with greater ease through the coal and from greater distances to the well, and can result in prolific wells similar to those in America’s San Juan Basin or Australia’s Fairview Field. However, high permeability also means that water can move to the well from greater distances and it will take longer to dewater. The key to capitalizing upon the advantages offered by high permeability and high gas content, and to achieving maximum production at the earliest possible date, is to drill a pattern of additional wells as rapidly as possible in the focus area.

“We are excited to have the HZ05 well underway because each additional well drilled in this area should move us closer to our goal of achieving production,” said Michael R. McElwrath, CEO of Far East. “The Fairview Field in Australia is a very productive field that may be a good analog to what we have discovered in our Shouyang focus area. There, because wells were steadily drilled in a pattern around the first Fairview Field wells, dewatering was enhanced and wells that initially had low flow rates due to the lengthy dewatering period, steadily ramped up to significantly higher gas production rates sustained over many years. Of course, until we achieve sustained production from our wells, we cannot be sure if their performance will mirror that of the Fairview Field.”

20.11.2006 18:27
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Hop FEN Hop:

FAR EAST ENERGY CORPORATION COMPLETES FOURTH HORIZONTAL WELL IN THE SHOUYANG BLOCK IN CHINA

Houston, Texas - November 20, 2006 – Far East Energy Corporation (OTCBB: FEEC) announced today that it has completed drilling its fourth horizontal well, FCC HZ04, in the Shouyang Block of its Shanxi Province Project in China. The horizontal well bore was drilled 750 meters through the No. 15 coal seam and dewatering is expected to begin as soon as the necessary equipment is moved to the well site.

“We are very pleased to have the HZ04 well drilling process completed,” said Michael R. McElwrath, CEO and President. “With our first horizontal coalbed methane wells, we believe we have discovered an uncommon and highly desirable combination of high permeability and high gas content. High permeability in conjunction with high gas content and sufficient pressure generally results in higher gas production rates sustainable over a longer period of time. The same high permeability that allows gas to move with greater ease through the coal and from greater distances to the well, also means that water can move to the well from greater distances and it will take longer to dewater.

“We believe the key to realizing the potential benefits of high permeability and to achieving maximum production at the earliest possible date is to drill a pattern of additional wells in the area of our first wells as rapidly as possible in order to accelerate dewatering. The HZ04 well is strategically located to take advantage of what we believe is a highly gas-saturated part of the coal seam. We believe this well is also aligned to benefit both the HZ01 and HZ03 wells in terms of dewatering, and we expect to drill the next Shouyang wells nearby in that same well pattern.”

Far East Energy said today it is finalizing plans to begin drilling the FCC HZ05 horizontal well adjacent to the HZ04 well to enhance what the Company believes is the potential for gas production in that grouping of wells. The Company expects to begin drilling on FCC HZ05 as soon as possible. The Company expects to follow the HZ05 with several additional wells to be drilled nearby in that same well pattern.

30.10.2006 18:39
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Hier den Bief der an alle Aktionäre ging:

FAR EAST ENERGY

Urges Stockholders to Vote FOR Board of Director Nominees at 2006 Annual Meeting

Says China wells have a rare combination of high-permeability coupled with high gas content; says with Board of Director authorized financing in place, Company believes it is on right track to achieve significant gas production

HOUSTON, Oct 30, 2006 - Far East Energy Corporation (OTC BB: FEEC) announced today that the Company’s Notice of Annual Meeting of Stockholders and related Proxy Materials have been filed with the SEC and will be mailed to all stockholders. The Annual Meeting will be held on December 15, 2006 in Houston, Texas.

The Company also today released a letter to all stockholders. In the letter, the Company notes that it believes it:

• Is on the right track to potentially achieve significant gas production, and

• Has found that its wells have a rare combination of high permeability coupled with high gas content which generally results in higher gas production sustainable for a longer period of time.

The Company urges all stockholders to vote FOR the Board of Directors’ nominees.

The full text of the letter follows:

Dear Stockholder:

Please find enclosed our proxy statement and proxy card for the 2006 Annual Meeting of Stockholders of Far East Energy Corporation scheduled to be held on December 15, 2006.

Your participation in the Annual Meeting is very important, no matter how many shares you own. If you do not plan to attend the Meeting in person, please make sure your voice is heard by signing, dating and returning the enclosed white proxy card.

These are exciting times for your Company and we believe that we are on the right track to potentially achieve significant gas production. For example:

• With our first horizontal coalbed methane wells, we believe we have discovered an uncommon and highly desirable combination of high permeability and high gas content. High permeability in conjunction with high gas content and sufficient pressure generally results in higher gas production rates sustainable over a longer period of time.

The gas content and permeability in our initial wells is very high based on well data obtained to date. High permeability allows gas to move with greater ease through the coal and from greater distances to the well, and can result in prolific wells similar to those in America’s San Juan Basin or Australia’s Fairview Field. High permeability, however, also means that water can move to the well from greater distances and this will cause it to take longer to dewater. The key to making high permeability work to our advantage and to achieving maximum production at the earliest possible date is to drill a pattern of additional wells in the area of our first wells as rapidly as possible.

• The Company began drilling its fourth horizontal well in September, locating that well close to the Number 1 and 3 wells as part of the cluster being developed for dewatering and production purposes. This well is nearing completion.

• Australia’s Fairview Field, which is known in the industry to be a very productive field for coalbed methane production, may be a good analog to what we have discovered in our Shouyang Area. The Fairview Field's wells were steadily drilled in a pattern around the first wells, which resulted in enhanced dewatering and wells that initially came in at a slower rate and in lower amounts because of the lengthier dewatering period, steadily ramped up to high rates sustained over many years. Of course, until we achieve sustained production from our wells, we cannot be sure if the performance of our wells will mirror that of the Fairview Field.

We also recently announced that we completed a common stock placement resulting in approximately $17 million of gross proceeds. The financing was a part of our Board's capital raising plan that began in the early summer of 2006. This additional capital is intended to finance the drilling of a number of additional wells near the promising area of our Shouyang Block, as well as the drilling of wells required to retain our acreage position in the Qinnan Block of the Shanxi Province and in Yunnan Province.

We are pleased to report that this financing was completed at a discount to the market price of our common stock at the time of pricing of only 1.6% with no warrants attached. Additionally, we look forward to the time when our capital needs may be met by debt type financing.

Our nominees for the Board of Directors and our management team are well qualified to continue to capitalize on the high potential of our coal bed methane projects in China. They are highly experienced in gas exploration and production, here and in China, and will work together closely with senior management to develop and implement the Company’s drilling, gas sales and China government relations strategy designed to build long-term value for all stockholders.

In that regard, we are pleased to announce that C.P. Chiang has agreed to serve on our Board, if elected at the Annual Meeting. Mr. Chiang most recently served as the China Project Manager/Country Manager of Burlington Resources until his retirement in 2006. In that position he was responsible for managing the operations and activities of Burlington Resources in China and worked closely and negotiated with various Chinese governmental organizations. He has also worked for various other oil and gas companies, including British Gas E&P, Inc., Tenneco Oil Production and Exploration and Exxon Oil Company, now known as Exxon Mobil Corporation.

Collectively, our nominees have over 170 years of experience in the oil and gas industry.

We urge you to vote FOR the Board of Directors nominees by signing and submitting the WHITE proxy card

TODAY.

23.10.2006 15:15
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Hier noch ne Meldung die positiver klingt, wenigsten nach bohren...:

FEEC: Completes $16.98M Common Stock Offering; To Begin Drilling in Qinnan Block in China

Far East Energy Corporation (FEEC) announced that it has consummated offerings of 18,862,221 shares of its common stock for total gross proceeds of $16.98 million to be used to finance a portion of its operations in China and for working capital purposes.

The Company plans to initiate drilling the first horizontal well in the Qinnan Block, which is located in the southern portion of Shanxi Province, along with one well in the Yunnan Province.

23.10.2006 15:14
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oje oje....., da wurde wohl viel Glas zerbrochen:

Sofaer Capital Confirms It Will Run an Opposing Slate of Directors at the Upcoming Far East Energy Corporation Annual Meeting

LONDON, Oct. 23 /PRNewswire-FirstCall/ -- Sofaer Capital, Inc. today issued the following open letter to shareholders of Far East Energy Corporation (OTC Bulletin Board: FEEC):

Sofaer Capital, Inc.

Craigmuir Chambers

Road Town, Tortola

British Virgin IslandsOctober 23, 2006

Dear Fellow Far East Energy Shareholders,

As one of Far East Energy Corporation's largest shareholders, we are disgusted with recent actions by the Company's Board that we believe management has orchestrated in order to entrench itself at the expense of shareholders. We are writing to you today to ask for your support in our campaign to halt these disgraceful actions and protect the rights of investors in Far East Energy Corporation.

You have probably seen that in the past week Far East has sold well over 18 million shares of common stock, mostly to a group of unnamed "institutional investors". Far East has also said it intends to sell even more shares in the next few days. These sales have taken place even as Far East's share price hovers just above a historic low, and management has provided little explanation of why it needs funds so desperately now. Indeed, it postponed a shareholder call that it might have used to explain itself for almost a week on a flimsy excuse, and has used the delay to push its dilutive share sales through. Despite repeated requests, management has stonewalled attempts by Mr. Tim Whyte, our Board representative, to obtain information about these sales to which he is legitimately entitled as a Director, including information about the identities of the "institutional investors" that have purchased the bulk of the shares.

We believe the unnamed beneficiaries of this sweetheart deal may use their votes to stuff the ballot box in favor of management's candidates for the Board of Directors at Far East's upcoming Annual Meeting. Indeed, it is our view that management is engaging in these share sales because it is aware that a large part of the existing shareholder base would support our proposals.

Shareholders must act now to stop further damage to the Company and their investments. We will soon be filing our own proxy statement, which will nominate a group of directors who will put shareholder value before job preservation and cronyism. We urge you to join us and vote with the GOLD proxy card that we will include with that statement.

But we cannot wait until December 15 to let management know we will not tolerate its continued destruction of value and potential subversion of shareholder democracy. It has gone on for too long already.

A Record of Failure

Three Years, $60 million, No Results

We believe the numbers speak for themselves when it comes to management's failure to deliver. Including the investment of approximately $10 million that we made along with a group of other investors in December 2004, the company has raised over $60 million since current management took over in late 2003. Investors are still waiting for verified proof of commercial gas from any one of the Company's four wells. In the meantime, the share price has continued to fall.

This shockingly poor performance has taken place in one of the most favorable investment environments for energy firms in decades. As the Company's own performance graph from its recent proxy filing shows, other companies in the sector have gone from strength to strength. A look at performance since current management began its tenure provides an even starker contrast: a $100 investment in Far East made at the end of 2003 would now be worth only $32.32, compared to $129.82 for an investment in the S&P 500, or $139.78 for an investment in the Dow Jones U.S. Exploration and Production Index. In another telling example, Green Dragon Gas Ltd., a company similar to Far East (perhaps even at an earlier stage of development) recently listed on the London Stock Exchange's Alternative Investment Market and as of Friday, October 20, 2006, had a market capitalization of almost $540 million, compared to approximately $111 million for Far East.

Potemkin Governance

Management goes on for many pages in its proxy statement with boilerplate language about how wonderful its governance arrangements are. Yet we believe that its claims are as hollow as those it makes about shareholder value.

Over the past two years we have repeatedly expressed concern about the direction of the Company and its constant attempts to raise funds without a strategic plan to use them effectively. These new fundraisings started not long after we made our investment in December 2004, resulting in sales in the summer of 2005 and 2006 and culminating in the latest sale of over 18 million shares that has occurred over the past week.

Our frustration led us to conclude we had no choice but to work for change on the Board. On September 15, we nominated a group of candidates that we feel bring much-needed financial expertise and knowledge of the Chinese CBM market. We also made it clear that we were willing to enter into a dialogue with management about how to move the Company forward.

Management responded by shutting itself into a bunker. In typical fashion, it buried consideration of our proposals in a committee, which, after no attempt to speak with us, rejected them out of hand. This reaction should come as no surprise, because management has almost no money invested in the Company and therefore no incentives that align its interests with those of shareholders. For example, according to the Company's own proxy statement, Michael McElwrath, the Company's CEO, owns only 100 shares of common stock.

Our Way Forward for Shareholder Value

There is much that we can do together before the vote on December 15. We will be communicating with all of you over the coming weeks with our plans to enhance shareholder value and reform the Company's governance. We intend to present a detailed plan for reform that will include:

* Strengthening the Board with sorely need expertise to ensure strategic

decisionmaking.

* Formulating an integrated strategy for the Company that combines

operations, marketing and finance over a sensible time horizon.

* Implementing best practices that align the interests of management with

those of shareholders.

* Rolling back shareholder-unfriendly Bylaw provisions to ensure greater

Board accountability and true shareholder democracy.

To show how much we believe in this Company, we will also make clear to management our willingness to purchase more equity in the Company, votable at the Annual Meeting, right now at a price higher than 90 cents per share, with no 6% commission. We feel that if management has any objective other than its own preservation, it has a duty to shareholders to consider this proposal.

We can also assure all shareholders that we are considering all options, including litigation, to enforce proper governance standards. We hope, however, that management will choose to listen before wasting more of other peoples' money defending itself.

Make Your Voice Heard

In the meantime, we urge you to make your voice heard. There is a shareholder call scheduled for 11:00 a.m. EST today; call-in information is on the Company's website. Participate in the call. Demand answers from management about why it is diluting existing shareholders and how it intends to stop destroying shareholder value. And don't let management off the hook after the call. Keep asking questions until you receive the answers you deserve.

20.10.2006 21:38
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Massive Kursanstiege wegen Spekulation auf Montag bei der Conference Call. Die ganze Woche super aufgeholt.

Wer das Risiko nicht mehr tragen wollte hatte heute die beste Gelegenheit auszusteigen. Ich bleibe drinnen, mit der Hoffnung auf Hammer-News. Wäre doch geil, wenn die von Researcher auf Proved gestuft würden.....oder neue Invesoren an Land gezogen hatten... oder oder :arrow: :?:

18.10.2006 20:04
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Kurs hat wieder angezogen, da wohl am 23.10. gute Ergebnisse vorweg genommen werden? Wir werden's sehn. Jetzt nur nicht nervös werden. Keep cool.

17.10.2006 10:00
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Update Der Konferenz:

Far East Energy Conference Call to Discuss China Operational Update Rescheduled to Monday, October 23, 2006

Houston, Texas – October 16, 2006 – Far East Energy Corporation (OTC BB: FEEC) will hold its China operational update conference call with CEO Michael McElwrath on Monday, October 23, 2006 at 11:00 a.m. Eastern. The rescheduled time is a result of the flooding in Houston. The call-in numbers and passcode will remain the same.

To access the call participants should dial (877) 704-5391 in the United States or (913) 312-1301 for international callers. The passcode for both U.S. and international callers is 5492679. Please dial in 10-15 minutes before the call begins in order to register and join the conference.

09.10.2006 21:49
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Es dürfte sich jetzt leichter einen neuen Gross Investor finden. Immer noch Riskant, Kurs gewinnt rasant an fahrt, hoffentlich nachhaltig.

Danke an den/die bei denen ich zu 0.65EUR die Aktien einsammeln durfte Lol

09.10.2006 15:55
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Good New's:

Far East Energy Corporation Achieves Continuous Gas Flow From a Second Horizontal Well; China Operations on Track

Company Will Host Conference Call to Discuss Operational Developments

HOUSTON, Oct. 9 /PRNewswire-FirstCall/ -- Far East Energy Corporation (OTC Bulletin Board: FEEC) announced today that it has successfully achieved continuous gas flow in its third horizontal well, the FCC HZ03, in the Shouyang Block of its Shanxi Province Project in China. The Company said additional production data will be needed to project a peak gas production rate. FCC HZ03 is the second well in Shouyang Block to provide continuous gas flow. Similar initial gas flow was announced for the FCC HZ01 well in May 2006.

"The ongoing well data from this first set of wells in the Shouyang Block is beyond our expectations," said Michael McElwrath, CEO and President of Far East Energy. "We have seen the high gas content that we anticipated, but the permeability appears to be much higher than expected."

McElwrath added, "As CBM experts know, high permeability is a desirable quality for long-term gas production. Although it requires a longer period of dewatering, high permeability in conjunction with high gas content and sufficient pressure generally results in higher gas production rates sustainable over a longer period of time. Based upon our preliminary data, we believe that wells drilled in this high permeability/high gas area should yield strong results."

Conference Call Details

Michael R. McElwrath, CEO, will host a conference call Tuesday, October 17, 2006 at 11:00 am ET / 10:00 am CT. On this call the Company will further discuss these operational updates. To access the conference call, investors should dial (877) 704-5391 in the United States or (913) 312-1301 for international callers. The passcode for both U.S. and international callers is 5492679.

FCC HZ04

Far East Energy began drilling its fourth horizontal well, FCC HZ04 in the Shouyang Block of its Shanxi Province project in early September 2006. The Company has determined that FCC HZ04 should be drilled to approximately 800 meters in the coal seam, based on experience with the first three horizontal wells. Far East Energy believes that the high permeability (20 to 100 millidarcies) and gas content (450 to 600 standard cubic feet per ton of coal) indicated in the No. 15 coal seam should make significant gas production possible with shorter horizontal laterals. FCC HZ04 is being drilled adjacent to the FCC HZ01 and FCC HZ03 wells in order to speed up dewatering of earlier wells. Far East Energy anticipates this fourth horizontal well may produce gas flow commensurate with the preliminary indications of high gas content and permeability measured in the Company's early wells.

Qinnan Block

Far East Energy has acquired 20 to 25 kilometers of 2D seismic data in the Qinnan Block of the Shanxi Province project. The data is being processed and the Company expects to drill a slim hole with the objective of identifying the optimum location in the Qinnan Block for a future horizontal well in the No. 3 coal seam, which appears to be thicker than other coal seams in the Qinnan Block and has been the target of significant drilling activity to the south by other operators.

Yunnan Project

The Company is finalizing the well plan to contract for the drilling of its first horizontal well in the Yunnan project, which it expects to begin later this year. As previously announced, the Company plans to drill this well, the FCY LC-03, to satisfy the exploration requirements of Phase II of the Enhong-Laochang Production Sharing Contract. That phase requires the drilling of a horizontal well with at least two radials in the well. This well will target the Nos. 7 and 8 coal seams, which in the Yunnan project acreage are thicker than other prospective coal seams.

China Acreage Overview

The Shouyang and Qinnan Blocks are part of the 4,280 square kilometer (1,057,650 acres) coalbed methane (CBM) project in Shanxi Province that Far East holds under farmouts from ConocoPhillips. Including its 1,073 square kilometer project in Yunnan Province, the coalbed methane concessions of Far East Energy contain a land mass slightly larger than the State of Delaware.

07.10.2006 19:26
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Eben so haben die grossen Meister viel Kohle verdient. kostolany der war Spezialist im Aktien einsammeln die schon von fast bankrotten Firmen stammten. Aber eben, der hatte einiges mehr an Erfahrung, war ein Meister im antizyklischen traden.

Entweder ich werde bald viel Kohle verdienen oder viel Kohle in den Sand gesteckt haben. Wie auch immer, es ist Adrenalin pur Lol

06.10.2006 18:15
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Eben ich will nur informieren. Nichts mit Panikmache:D

Ich bin eingestiegen mit, natürlich allen Risiken die eine Explorationsfirma mit sich bringt vor augen, doch seit Conoco ausgestiegen ist, sehe ich eifach die risiken den chancen hoch überlegen und gehe kurzfristig mit kursen unter 1 usd aus. Weil der Kurssturz gestern auch unter eher hochem Volumen geschehen ist.

Natürlich würde ich mich freuen einen neuen Grossinvestor zu sehen, dann würde der Kurs sehrwarscheinlich durch die Decke gehen :shock: und ich wäre wieder dick dabei:D

06.10.2006 16:09
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Re: FAR EAST KURZ VOR DEM ENDE!!!

Bigtrader wrote:

Hallo zusammen...

ich will hier alle gutgläubigen vor dieser aktie warnen...den wen far east nicht bis ende Jahr einen neuen Grossinvestor finden, werden sie wohl oder übel insolvenz beantragen müssen.

aber ez alles von vorne.

Der Grossinvestor, welcher bei Far East Energy anfang Jahr eingestiegen ist, Conoco Phillips verkaufte alle seine Anteile!!Es wurde ihnen zu heiss, oder sie haben gemerkt wie kostpielig es werden kann.Die HV wurde schon mehrmals verschoben...überhaupt kein gutes zeichen!!Was könnte das heissen, dass sie es immer verschieben? Ja klar, entweder sie verkünden einen neuen Grossinvestor der die Aktien abnimmt oder sie haben keine Geldmittel mehr und sie werden wohl oder über ihre Exploration beenden müssen.

Könnt es selber nachlesen im Sec filling vom 22.09. !!!

also das ist meine meinung zur aktie und wollte es hier reinstellen, falls ihr neuere news habt dann nur rein damit:D

grüsse

Hallo Bigtrader, Danke für dein Posting! Habe diese Meldung nicht mitbekommen, ansonsten habe ich auf Nasdaq immer schnell die News bekommen.

Es gibt für investierte nur 2 Szenario's:

1. Aufstocken, und auf Übernahme (eher unwahrscheinlich) oder Investoren hoffen.

2. Jetzt alles mit gröberen Verlust verkaufen.

Das Risiko bestand seit Anfang, ich habe mich darauf eingelassen und weiss was ich tat. Habe mich für 1. entschieden und nochmal nachgekauft. Vielleicht ein Fehler, aber evtl. wie so oft sind genau diese Momente die besten Gelegenheiten.

Ich bin aber auch nicht dafür alles schön zu reden, du hast recht, High-Risk je denn mehr. Wenn schon untergehen dann aber richtig LolLolLol Nochmals danke für deine Meinung Biggrin

Gruess

05.10.2006 22:27
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FAR EAST KURZ VOR DEM ENDE!!!

Hallo zusammen...

ich will hier alle gutgläubigen vor dieser aktie warnen...den wen far east nicht bis ende Jahr einen neuen Grossinvestor finden, werden sie wohl oder übel insolvenz beantragen müssen.

aber ez alles von vorne.

Der Grossinvestor, welcher bei Far East Energy anfang Jahr eingestiegen ist, Conoco Phillips verkaufte alle seine Anteile!!Es wurde ihnen zu heiss, oder sie haben gemerkt wie kostpielig es werden kann.Die HV wurde schon mehrmals verschoben...überhaupt kein gutes zeichen!!Was könnte das heissen, dass sie es immer verschieben? Ja klar, entweder sie verkünden einen neuen Grossinvestor der die Aktien abnimmt oder sie haben keine Geldmittel mehr und sie werden wohl oder über ihre Exploration beenden müssen.

Könnt es selber nachlesen im Sec filling vom 22.09. !!!

also das ist meine meinung zur aktie und wollte es hier reinstellen, falls ihr neuere news habt dann nur rein damit:D

grüsse

29.09.2006 18:05
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Far East Energy mit High Potential

Hatte noch etwas Flüssiges übrig und legte gestern bei low 0.86EUR nochmals nach, bin gespannt wann Turnaround einsetzt.

06.09.2006 19:32
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New's

Klingt nicht übel, FEN (in USA FEEC), rückt bald besser ins Visier der Anleger 8)

Westminster Securities Announces Latest Addition to Chinese Microcap Research Coverage List

ATLANTA, Sept. 6 /PRNewswire/ -- Westminster Securities has announced the latest addition to its expanding equity research coverage of Chinese microcap stocks: American Dairy (Pacific/ArcaEx: ADY).

According to Will Lyons, Westminster Securities' director of equity research, "An important area of focus for our firm is small publicly-traded Chinese companies, which we believe represent an opportunity for above-average, long-term returns for investors interested in developing markets. Increasingly, we are seeing management practices in Chinese business coming more in line with Western practices. In combination with the growth of the Chinese economy and the need successful small companies in China have for new capital, the shares of more and more well-managed, shareholder-focused companies are being actively traded in the US. It is our goal to identify the most promising investment opportunities among the 150 or so China-based companieswhose shares US investors can buy and sell in the same manner as they buy and sell any other shares."

Other US-listed microcap Chinese companies under coverage at Westminster include 51jobs (Nasdaq: JOBS), Advanced Battery Technologies (OTC Bulletin Board: ABAT), American Oriental Bioengineering (Amex: AOB), Artificial Life (OTC Bulletin Board: ALIF), AsiaInfo (Nasdaq: ASIA), Bodisen Biotech (Amex: BBC), China Automotive Systems (Nasdaq: CAAS), China Kangtai Cactus (OTC Bulletin Board: CKGT), Deswell Industries (Nasdaq: DSWL), Dragon Pharmaceutical (OTC Bulletin Board: DRUG), Far East Energy (OTC Bulletin Board: FEEC), INTAC International (Nasdaq: INTN), L J International (Nasdaq: JADE), PacificNet (Nasdaq: PACT), SORL Auto Parts (Nasdaq: SAUP),Sunwin International (OTC Bulletin Board: SUWN), Synutra (OTC Bulletin Board: SYUT), Terra Nostra Resources (OTC Bulletin Board: TNRO), Tiens Biotech Group (Amex: TBV) and YaSheng Group (Pink Sheets: YHGG). Additional companies are regularly added to this list.

05.09.2006 21:03
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Far East Energy mit High Potential

besten dank für dein interessantes posting!!

es braucht bei jeder aktie viel nerven, geduld und auch etwas glück um erfolgreich zu sein..... Lol

Ich gebe mich schnell mit dem Besten zufrieden

05.09.2006 18:49
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Felice82 wrote:

@sascha77

darf ich dich mal fragen, mit welchem kursziel du rechnest? wie gross, meinst du, ist das potential von FEN tatsächlich?

habe bisher noch nichts investiert. bin mir noch nicht so im klaren, ob und wieviel.... :roll:

Hoi Felice

Ich bin eher kurzfristig orientiert:

Mein KZ in den nächsten 3-9mte liegt bei ca. 2.0-2.5EUR. Bin mir bewusst, dass das noch ein weiter Weg ist. Aber andererseits sind Unternehmen wie FEN es ist locker mit dem 5-10fachen bewertet. Das wirkliche Potenzial (das heisst wenn der Sprung vom Explorer in die Serieproduktion geschafft ist) liegt weit über meinem KZ (5-10EUR, langristig 2-3 Jahre)

Wir befinden uns fast beim Jahrestief, und heute bröckelt der Kurs weiter ab :twisted: :twisted: :twisted:

Warum bin ich dennoch zuversichtlich?

Fakt ist, das FEN drittgröster Besitzer von Grubergas Vorkommen ist Smile

Fakt ist auch, das die Chinesen Rohstoffe wie blöd brauchen, in diesem Falle Energie

Und Fakt ist , dass die Chinesen umweltbewuster werden müssen und Gas ist umweltschonender (gesetzliche Regulierungen)

und und und 8)

Fazit

* Wenn du ein längerfristiges Investment in Betracht ziehst, dann vergiss die "Räpplispalterei" ob jetzt bei 0.8 oder 1EUR, spielt in drei Jahren wenn der Kurs bei 5EUR steht, keine Rolle mehr

* Ich glaube an das Unternehmen, und wenn positive News zu Bohrungen kommen geht's volle Kanne nach oben. Aber die Entscheidung musst du selber treffen. Es ist richtig, lass dir alles nochmals durch den Kopf gehen, schau dir Charts an, befasse dich mit dem Unternehmen etc.

* Ich kann hier so gut wie möglich "News und Views" posten, die dir vielleicht einen weiteren Hinweis geben, ob du dein Geld anlegen möchtest.

Bei weiteren Fragen stehe ich dir natürlich gerne zur Verfügung

Gruess

05.09.2006 13:51
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@sascha77

darf ich dich mal fragen, mit welchem kursziel du rechnest? wie gross, meinst du, ist das potential von FEN tatsächlich?

habe bisher noch nichts investiert. bin mir noch nicht so im klaren, ob und wieviel.... :roll:

Ich gebe mich schnell mit dem Besten zufrieden

05.09.2006 11:34
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Kurs stagniert nach gut 10% Erholung, jetzt ist abzuwarten was in den USA nach dem Feiertag passiert....

02.09.2006 16:39
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Felice82 wrote:

was war heute los bei FEN?

Vielleicht ist etwas an gewisse Kreise durchgesickert.....

Der Kurs ist unverdient nach unten gezogen worden, jetzt deckten sich die Profis wohl ein :?: :!:

Das Volumen gibt dieser Aussage zumindest recht. Aber bei dieser grossen Nachfrage, ist auch klar das der Kurs sich wieder erholen musste Biggrin

Es müssten in den nächsten Wochen wieder News zu den Bohrungen stattfinden Smile

FEN ist in dieser Beziehung sehr vorbildlich, es werden immer aktuelle News zur Verfügung gestellt Smile

01.09.2006 22:35
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was war heute los bei FEN?

Ich gebe mich schnell mit dem Besten zufrieden

31.08.2006 18:52
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2. Trache eingebucht zu 0.88EUR Smile

In Frankfurt immer noch hohes Volumen.....

Wenn' s sein muss kauf ich nochmals eine letzte Tranche, dann wohl in der Region von 0.6EUR

28.08.2006 19:42
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Erneuter Kurssturzt :cry:

Auffällig: Das Volumen war gigantisch: In Frankfurt gingen über 250'000 über den Tisch :!:

Da steckt was im Busch :roll:

Das ist ein tradbares low, ich decke mich mit einer 2. Tranche ein bei, wenn möglich unter 0.9EUR

AnhangGröße
Image icon research_967.png20.3 KB
26.08.2006 18:20
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Hoi Bigtrader

Ja, leider sackte FEN stark ab...., im unsicheren Umfeld (Aktien) hat es ein Explorer besonders schwer. Wer will schon viel Kohle investieren wenn viele schon wieder eine Korrektur sehen :?: Selbst namhafte Firmen stehen unter Druck....

Meine nächsten Aktionen:

------------------------------------

Kauf einer weiteren Tranche bei unter 1EUR. im September, wird aber ein kritischer Monat, darum wart ich noch ca. 2-3 Wochen.

Warum?

------------

1. Ich bin mir sicher FEN schafft es in die Produktion Biggrin

2. Wir haben jetzt Tiefst-Kurse 8) (wie du auch schon geschrieben hast)

3. Wenn nur eines der vielen Projekte erfolgreich in die Industrialisierung geht, schnellen die Kurse rasant hoch

4. Darum muss ich meinen EP noch runterkriegen

5. Es gilt dann bei steigenden Kursen den Zeitpunkt des Ausstieges nicht zu verpassen :!:

6. Ich bin nicht der einzige der in FEN investiert ist, das ist doch ein gutes Zeichen Wink

Ich bin wohl ein hoffnungsloser Optimist Blum 3

Wenn ich News habe, poste ich diese natürlich hier Wink

25.08.2006 22:01
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Far East Energy mit High Potential

hallo Sascha

Ich habe feec gar nicht mehr so beobachtet, nur gesehen, dass der kurs stark nachgegeben hat...hast du diesbezüglich neue news?

Eventuell kaufe ich noch eine Tranche nach, sind zurzeit sicherlich kaufkurse...

grUss

Bigtrader

25.08.2006 10:01
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Noch eine Meldung

Die Bohrungen laufen auf Hochtouren 8)

Far East Energy Announces China Operations Update and Future Drilling Plans

Houston, Texas – August 22, 2006 – Far East Energy Corporation (OTC BB:FEEC) announced that it has signed a contract to begin drilling its fourth horizontal well in the Shouyang Block of its Shanxi project in early September 2006. This next well, the FCC HZ04, will be drilled horizontally with a total target length in the No. 15 coal seam of approximately 800 meters. The well will be drilled adjacent to the FCC HZ01 and FCC HZ03 wells so that maximum synergies can be achieved between the respective dewatering processes of each of these wells.

The company believes that the high permeability and gas content indicated in this area in the No. 15 coal seam, should make significant gas production possible with shorter horizontal laterals and that has led to the conclusion that the FCC HZ04 should be drilled to only approximately 800 meters in the coal seam. The fourth horizontal well is being strategically placed to enhance dewatering, and future wells are planned to be drilled in a pattern that progressively dewaters the area and hopefully produces gas flow commensurate with the preliminary indications of high gas content and high permeability measured in the company's early wells.

Permeability in the area of the FCC HZ01, appears much better than expected and at an estimated at 20 to 100 millidarcies, is some 40 to 300 times greater than the 0.3 to 0.5 millidarcies originally projected. For reference purposes, the permeability generally attributed to the prolific San Juan Basin of the United States is 25 millidarcies. Far East Energy continues the dewatering process on the FCC HZ01, the FCC HZ02, and the FCC HZ03 wells, located in the Shouyang Block of the Shanxi project. The company is also performing periodic workover procedures as necessary to maximize the results from each of those wells. The company believes that dewatering is taking longer than anticipated due to the much higher than estimated permeability in the area. Permeability measures the ease with which a gas or liquid can flow through rock or a similar medium and is one of many reservoir and geological characteristics on which the productivity potential of a well depends. Therefore, reservoirs with high permeability have a higher propensity for strong water and gas production than less permeable reservoirs.

Desorption analysis on the gas content of the No.15 coal seam in the area of the company’s first three wells produced coal gas content results between 450 to 600 standard cubic feet (scf) per ton, compared to the generally estimated range of 400 to 500 scf per ton for the San Juan Basin – a basin known for high gas content and production rates.

“We are pleased to sign a contract to begin drilling our fourth horizontal well in the Shouyang block,” stated Michael McElwrath, CEO and President of Far East Energy. “The dewatering of the FCC HZ01, FCC HZ02 and FCC HZ03 wells is very encouraging, as the preliminary data continues to indicate high gas content, high coal thickness, and much higher permeability than initially estimated. This high permeability, high gas content and our desire to build a grouping of wells for production purposes are the reasons we are locating our fourth horizontal well, the FCC HZ04, in very close proximity to the FCC HZ01 and the FCC HZ03 wells. Further, Chinese authorities have recently announced plans to construct a 1,080 mile long provincial pipeline network within the Shanxi Province, with branches traversing our acreage, which we hope will hasten the creation of a production unit in the Shouyang Block.”

Over the next two months, Far East Energy plans to shoot 20 to 25 kilometers of 2D seismic and drill a slim hole with the objective of identifying the optimum location for a future horizontal well in the No. 3 coal seam in the Qinnan Block of the Shanxi Project. The No. 3 coal seam was selected because it appears to be thicker than other coal seams in the Qinnan Block and has been the target of significant drilling activity to the south of the Qinnan Block by other operators.

Far East Energy also plans to negotiate a contract for the drilling of its first horizontal well in the Yunnan project, which it expects to begin later this year. The company plans to drill this well, the LC-03, to satisfy the exploration requirements of Phase II of the Enhong-Laochang Production Sharing Contract. That phase requires the drilling of a horizontal well with at least two radials in the well. This well will target the Nos. 7 and 8 coal seams, which in the Yunnan project acreage are thicker than other prospective coal seams.

The Shouyang and Qinnan Blocks are part of the 4,280 square kilometer (1,057,650 acres) coalbed methane (CBM) project in Shanxi Province that Far East holds under farmouts from ConocoPhillips. Including its 1,073 square kilometer project in Yunnan Province, the coalbed methane concessions of Far East Energy contain a land mass slightly larger than the State of Delaware.

Based in Houston, Texas, with offices in Beijing, Kunming, and Taiyuan City, China, Far East Energy Corporation is focused on the acquisition of, and exploration for, coalbed methane in China through its agreements with ConocoPhillips and China United Coalbed Methane Company, Ltd. (CUCBM).

15.08.2006 14:48
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Annual Meeting

Für alle interessierten, die GV ist neu für den 15.12. angesagt.

http://www.fareastenergy.com/news.html#58

25.05.2006 22:43
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Far East Energy mit High Potential

Na dann kann die Party bald steigen, bin dabei "Volle Kanne".

Risiko ist da immer dabei da stimme ich 100% zu. Wir sind Spekulative Anleger, dafür die ersten die auf der Party tanzen wenn's ab geht Biggrin

Bezüglich des Dollars wurden gute Prognosen vorhergesagt für den Sommer, schau mer mal

Greets Säschu

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