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Far East Energy Corp. Message Board

msmitty7 2 posts  |  Last Activity: May 16, 2014 9:31 AM Member since: Jun 24, 2010
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  • Reply to

    Lease Operating Expenses

    by fullkip May 13, 2014 11:31 AM
    msmitty7 msmitty7 May 16, 2014 9:31 AM Flag

    I think Mike's 'discussions' with a major entailed him calling a few companies and asking if they are interestred in a very promising CBM bloc in China. Mike is always 'loose' with his words (i.e. imminent)

  • msmitty7 by msmitty7 May 5, 2014 10:03 AM Flag

    IMHO - Unfortunately, it appears FEEC can't get the gas out of the ground and production has stalled once again. If my numbers are correct, back in November before the fraccing of the 'new' wells, production was just over 700,000. Today, with I think what would be about triple the number of wells, the last production number was around 2.2M, which is about triple the production number before the 'new' wells. It looks like the geloogy is indeed different from "normal" fields (i.e. Marathon) and is not responding as Mike/FEEC thought. Hopefully this is not the case and there is another/better reason for FEEC's (once again) silent treatment.

0.0848-0.0052(-5.78%)Jul 11 3:59 PMEDT

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