Far East Energy Corporation to Present at IPAA OGIS Small Cap Symposium
Far East Energy Corporation (OTC BB: FEEC) announced today that CEO Michael R. McElwrath will present at the Independent Petroleum Association of America’s Oil & Gas Industry Symposium, February 13, 2008, to be held at the Westin Diplomat Hotel in Hollywood Florida.
The presentation will highlight the company’s operational developments, and China’s rapidly developing markets for clean-burning coalbed methane natural gas. Far East Energy’s operations include the Shouyang and Qinnan Blocks, which are part of its 4,280 square kilometer (1,057,650 acres) coalbed methane (CBM) project in Shanxi Province. Far East also has a 1,073 square kilometer (265,000 acres) project in Yunnan Province. The coalbed methane concessions Far East Energy holds contain a land mass slightly larger than the State of Delaware.
As former Acting Assistant Energy Secretary in the George H.W. Bush Administration and as an International Negotiator in the Reagan Administration, Mr. McElwrath is a sought after speaker with regard to China’s energy issues. Mr. McElwrath has become a regular featured speaker at the annual U.S. — China Oil and Gas Industry Forum and a guest speaker at meetings hosted by China’s powerful National Development and Reform Commission (NDRC) and China United Coalbed Methane Corporation (CUCBM) for the purpose of discussing Chinese Energy Policy in general, and the natural gas and coalbed methane industries in particular.
Interested individuals may listen to the Webcast online at the Far East Energy Web site, www.fareastenergy.com.
Far East Energy Corporation
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).
The Independent Petroleum Association of America (IPAA)
IPAA is the national association representing the thousands of independent crude oil and natural gas explorer/producers in the United States. Headquartered in Washington, D.C., it serves as an informed voice for the exploration and production segment of the industry, and advocates its members’ views before the U.S. Congress, the Administration and federal agencies. IPAA provides economic and statistical information about the domestic exploration and production industry.
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.