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Far East Sees High Gas Content at Shouyang CBM Prospect

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Far East Sees High Gas Content at Shouyang CBM Prospect

Far East Energy Corporation has reported that production wells 115V and 119V have reached total depth; preliminary gas content has been determined for the SYE03 appraisal well; and two more wells have been commenced since May 10.

The newly spudded wells are the SYE-16, a new appraisal well, and the 62-2V, an additional production well, bringing to 16 the number of wells spudded thus far in 2013.

Meanwhile, preliminary results from the testing of core samples from the SYS-03 appraisal well, which is located in the east-to-southeast portion of the Shouyang Block, roughly 27 kilometers southeast of the 1H Pilot Area, indicate gas content for the #15 coal seam of approximately 25 cubic meters per ton or over 800 standard cubic feet per ton.

This very high gas content is similar to the high…

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