Far East Energy launches USD4m TLFA
M2 - Fri Apr 10, 4:11AM CDT
Coalbed methane company Far East Energy (Other OTC:FEEC) said on Thursday that its Far East Energy (Bermuda) (FEEB) subsidiary has reported a Term Loan Facility Agreement (TLFA) with the lenders party subject to the terms, conditions and repayment obligations.
Far East Energy Announces $4 Million Term Loan Facility Agreement
CNW Group - Thu Apr 09, 7:00AM CDT
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 Corporation, has entered into a Term Loan Facility Agreement (TLFA), effective April 8, 2015, with the lenders party thereto. The TLFA has a term of 6 months from first drawdown and provides for an aggregate principal amount of $4 Million to be borrowed subject to the terms, conditions and repayment obligations of the TLFA. No stock, warrants or other equity securities will be issued to the lenders in connection with the TLFA. Net proceeds from the TLFA will be utilized for certain working capital purposes as required by the TLFA. The majority of the net proceeds are targeted to cover certain operational expenses and payables as the Company continues to work through strategic discussions.
Far East Energy Provides Updates on Production and Sales and Extension of Loan Facility
CNW Group - Thu Apr 02, 7:00AM CDT
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.
Far East Energy Announces An Extension of Existing Loan Facility
CNW Group - Thu Jan 15, 7:30AM CST
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).
Far East Energy Announces Further Extension of Existing Loan Facility
CNW Group - Wed Dec 31, 7:37AM CST
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, is pleased to announce a further extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB).
Far East Energy Announces Further Extension of Existing Loan Facility; Adjacent Gas Plant Completed
PR Newswire Europe - Wed Nov 26, 8:41PM CST
Far East Energy Corporation , the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, is pleased to announce a further extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB).
Far East Energy Receives ODP "Road Pass" Approval
PR Newswire Europe - Wed Nov 26, 12:29PM CST
Far East Energy Corporation , the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, is pleased to announce the approval of its ODP "Road Pass" for the Area A section of the Shouyang PSC.
Far East Energy awarded ODP 'Road Pass' approval in China
M2 - Tue Oct 14, 7:03AM CDT
Coalbed methane company Far East Energy (Other OTC:FEEC) reported on Monday the receipt of its ODP 'Road Pass' approval for the Area A Nanyanzhu section of the Shouyang PSC in China.
Far East Energy Welcomes Higher Chinese Gas Prices; Provides Updates on Production, Sales & Drilling; And Announces Further Extension to the SCB Loan Facility
PR Newswire Europe - Mon Sep 15, 7:15AM CDT
Far East Energy Corporation , the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, welcomes the recent announcement by the National Development and Reform Commission (NDRC) to raise city-gate gas prices by 20% for base volume non-residential customers.