Last $0.11 USD
Change Today 0.00 / 0.00%
Volume 69.6K
FEEC On Other Exchanges
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

far east energy corp (FEEC) Snapshot

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52 Week High
06/18/13 - $0.25
52 Week Low
04/22/13 - $0.04
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far east energy corp (FEEC) Details

Far East Energy Corporation, through its subsidiaries, is engaged in the acquisition, development, exploration, and production of coal bed methane gas properties in the People's Republic of China. The company holds 3 production sharing contracts, which cover the 288,569 acre Shouyang Block in Shanxi Province; the Laochang Area comprising 119,327 acres in Yunnan Province; and the 573,000 acre Qinnan Block in Shanxi Province. As of December 31, 2013, it had estimated net proved gas reserves of 67.5 billion cubic feet (Bcf), and estimated total net probable reserves of 372.4 Bcf. The company was founded in 2000 and is headquartered in Houston, Texas.

31 Employees
Last Reported Date: 03/31/14
Founded in 2000

far east energy corp (FEEC) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $687.6K
Compensation as of Fiscal Year 2012.

far east energy corp (FEEC) Key Developments

Far East Energy Corp. announced delayed annual 10-K filing

On 03/17/2014, Far East Energy Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Far East Energy Announces Gas Production Results

Far East Energy Corporation announced that, as of March 11th, production had reached 2,256,466 cubic feet per day (2,256 Mcf/d), following a period of expected steady production growth. This is up 11% from the production figure released February 12th, and is over 3 times higher than the average 738 Mcf/d produced for the week ending November 12, 2013. Water production for March 11(th) was 3,763 barrels per day, compared to 3,414 barrels of water per day on November 12, 2013.

Far East Energy Provides Gas Production Update

Far East Energy Corporation announced a continued rise in gas production from the Shouyang Block. Following its January 22 announcement that gas production at Shouyang had reached 1,797,499 cubic feet per day (1,797 Mcf/d) as of January 20, 2014, management is now pleased to announce that, as of February 11th, production has reached 2,029,604 cubic feet per day (2,030 Mcf/d). This is up 13% from the production figure released January 22(nd), and is almost three times higher than the 738 Mcf/d produced for the week ending November 12, 2013.


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Price/Sales 23.9x
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Price/Cash Flow NM Not Meaningful
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