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Far East Ramps Up CBM Drilling at Shouyang Block

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Far East Ramps Up CBM Drilling at Shouyang Block

Far East Energy Corporation has reported the following coalbed methane (CBM) drilling progress on its Shouyang Block, located in Shanxi Province, Peoples Republic of China (PRC).

A summary of the key developments through May 5, 2013 includes: Wells spudded in 2013: 13 (7 production wells and 6 appraisal wells) Wells that have reached total depth in 2013: 4 (3 production wells and 1 appraisal well, with 1 of these spudded in 2012) Wells drilling at present: 10 (4 production wells and 6 appraisal wells) Wells in line for fracturing: 10 (9 production wells and 1 appraisal well; fracing program planned for May/June) Well locations where pads have recently been constructed or are under construction prior to rigging up: 9 In addition, the company has completed its review of requested technical…
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