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Far East Energy Corporation has reported a continued rise in gas production from the Shouyang Block since the last release on January 22, 2014 .
Following its January 22nd announcement that gas production at Shouyang had reached 1,797,499 cubic feet per day (1,797 Mcf/d) as of January 20, 2014 , management is now pleased to announce that, as of February 11th , production has reached 2,029,604 cubic feet per day (2,030 Mcf/d).
This is up 13% from the production figure released January 22 nd, and is almost three times higher than the 738 Mcf/d produced for the week ending November 12 , 2013.
Commenting, CEO Mike McElwrath said, "It is gratifying to have reached this milestone; and it is even more satisfying to realize that we are in a period of prolonged production increases. The 2013 drilling program was a great success and these numbers highlight its ongoing impact. Special credit to our field teams, who worked through the Chinese New Year period to ensure continued production growth."