Far East Energy Corp (FEEC) 0.0006 $FEEC
Far East Energy Ceases All Operations; Files Voluntary Chapter 7 Petition
PR Newswire - Tue Nov 10, 5:35PM CST
Far East Energy Corporation (OTC:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane Production Sharing Contract in Shanxi Province, People's Republic of China, today announced it has ceased operations and commenced bankruptcy proceedings (the "Chapter 7 Case"
by filing a voluntary petition for relief under provisions of Chapter 7 of Title 11 of the United States Code to initiate an orderly liquidation of the assets of the Company. The Chapter 7 Case is entitled "In re Far East Energy Corporation" and is being administered under case number 15-35970 in the United States Bankruptcy Court for the Southern District of Texas.
Far East Energy Announces Term Loan Facility Agreement
PR Newswire - Wed Sep 30, 7:00AM CDT
Far East Energy Corporation (OTC:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane Production Sharing Contract 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 September 29, 2015, with the lenders party thereto. The TLFA has a term ending March 29, 2016 and up to which $16,263,604 in aggregate principal amount will be loaned to FEEB in accordance with the terms of the TLFA. $8,763,604 of such amount was used to repay in full the amounts outstanding under the term loan facility agreements, dated as of February 24, 2015, April 8, 2015 and June 26, 2015, respectively. The remaining $7,500,000 under the TLFA will be used for working capital approved by the lenders. FEEB received an advance in the amount of $500,000 under the TLFA upon closing.
Far East Energy Provides Updates on Production and Sales and Extension of Loan Facility
PR Newswire - Fri Sep 11, 7:00AM CDT
Far East Energy Corporation (OTC: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 updates.
Far East Energy Engages Whitley Penn LLP and Announces Further Extension of Term Loan Facility
CNW Group - Wed Jul 22, 7:00AM CDT
Far East Energy Corporation (OTC:FEEC) (the "Company", 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, today announced that it has entered into an engagement letter with its independent registered accounting firm, Whitley Penn LLP, to conduct an audit of the Company's 2014 financial results.
Far East Energy Announces New $4 Million Facility Agreement and an Extension of Its $1.4 Million Term Loan Facility
PR Newswire - Mon Jun 29, 7:00AM CDT
Far East Energy Corporation (OTC: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 announces that Far East Energy (Bermuda), Ltd. (FEEB), a wholly owned subsidiary of Far East Energy Corporation (the "Company", has entered into a $4 Million Term Loan Facility Agreement (TLFA), effective June 26, 2015, with the lenders party thereto; and, further announces that an extension of the maturity date of the existing $1.4 Million Original Term Loan Facility Agreement (OTLFA) that FEEB entered into on February 24, 2015 with the lenders party thereto.
Far East Energy Provides Updates on Production and Sales, Blackout Period and Debt Maturity Extensions
PR Newswire - Wed Jun 03, 6:00AM CDT
Far East Energy Corporation (OTC: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 updates.
Far East Energy Announces An Extension of Existing Loan Facility
CNW Group - Fri May 01, 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, announces an extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB).
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
PR Newswire - 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 Ceases All Operations; Files Voluntary Chapter 7 Petition
PR Newswire - Tue Nov 10, 5:35PM CST
Far East Energy Corporation (OTC:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane Production Sharing Contract in Shanxi Province, People's Republic of China, today announced it has ceased operations and commenced bankruptcy proceedings (the "Chapter 7 Case"
by filing a voluntary petition for relief under provisions of Chapter 7 of Title 11 of the United States Code to initiate an orderly liquidation of the assets of the Company. The Chapter 7 Case is entitled "In re Far East Energy Corporation" and is being administered under case number 15-35970 in the United States Bankruptcy Court for the Southern District of Texas. Far East Energy Announces Term Loan Facility Agreement
PR Newswire - Wed Sep 30, 7:00AM CDT
Far East Energy Corporation (OTC:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane Production Sharing Contract 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 September 29, 2015, with the lenders party thereto. The TLFA has a term ending March 29, 2016 and up to which $16,263,604 in aggregate principal amount will be loaned to FEEB in accordance with the terms of the TLFA. $8,763,604 of such amount was used to repay in full the amounts outstanding under the term loan facility agreements, dated as of February 24, 2015, April 8, 2015 and June 26, 2015, respectively. The remaining $7,500,000 under the TLFA will be used for working capital approved by the lenders. FEEB received an advance in the amount of $500,000 under the TLFA upon closing.
Far East Energy Provides Updates on Production and Sales and Extension of Loan Facility
PR Newswire - Fri Sep 11, 7:00AM CDT
Far East Energy Corporation (OTC: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 updates.
Far East Energy Engages Whitley Penn LLP and Announces Further Extension of Term Loan Facility
CNW Group - Wed Jul 22, 7:00AM CDT
Far East Energy Corporation (OTC:FEEC) (the "Company"
, 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, today announced that it has entered into an engagement letter with its independent registered accounting firm, Whitley Penn LLP, to conduct an audit of the Company's 2014 financial results. Far East Energy Announces New $4 Million Facility Agreement and an Extension of Its $1.4 Million Term Loan Facility
PR Newswire - Mon Jun 29, 7:00AM CDT
Far East Energy Corporation (OTC: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 announces that Far East Energy (Bermuda), Ltd. (FEEB), a wholly owned subsidiary of Far East Energy Corporation (the "Company"
, has entered into a $4 Million Term Loan Facility Agreement (TLFA), effective June 26, 2015, with the lenders party thereto; and, further announces that an extension of the maturity date of the existing $1.4 Million Original Term Loan Facility Agreement (OTLFA) that FEEB entered into on February 24, 2015 with the lenders party thereto. Far East Energy Provides Updates on Production and Sales, Blackout Period and Debt Maturity Extensions
PR Newswire - Wed Jun 03, 6:00AM CDT
Far East Energy Corporation (OTC: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 updates.
Far East Energy Announces An Extension of Existing Loan Facility
CNW Group - Fri May 01, 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, announces an extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB).
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
PR Newswire - 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.
