Far East Energy Announces Shouyang Block CBM Reserves Report

Far East Energy Corporation has announced the reserve results of the estimated proved, probable and possible coalbed methane gas reserves attributable to the three target coal seams in Far East Energy's 409,282 acre Shouyang Block, situated in Shanxi Province, China.

The Proved Reserves are attributable to approximately to 13,360 acres. The Probable and Possible Reserves are attributable to approximately to 85,502 acres, inclusive of the proved locations.

The total proved gross reserves as of December 31 are reported at 59, 629 MMscf. Total probable reserves are estımated at 514,952 MMscf whıle total possıble reserves are estımated at 165,265 MMscf.