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Far East Energy (Far East Energy) Cash Receipts from Operating Activities


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What is Far East Energy Cash Receipts from Operating Activities?

Cash Receipts from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Far East Energy (Far East Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Far East Energy Corp (OTCPK:FEECQ) » Definitions » Cash Receipts from Operating Activities
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Far East Energy Corp was incorporated in Nevada on February 4, 2000. The Company, along with its subsidiaries, is engaged in exploring, developing, producing and selling coalbed methane gas. Due to the Company's demonstrated permeability and high gas content coals, its main operational focus remains on the Shouyang Block in Shanxi Province. The Company is a party to three production sharing contracts in China, under which it was granted the right to explore and potentially develop the 288,569 acre Shouyang Block in Shanxi Province, the Laochang Area, which totals 119,327 acres in Yunnan Province and the 573,000 acre Qinnan Block also in Shanxi Province. The Company's competitors in CBM acquisition, development, and production in China include integrated oil and gas companies and substantial independent energy companies, many of which possess greater financial and other resources than the Company. It faces substantial governmental regulation and environmental risks. The Company's business is subject to various laws and regulations that may be changed from time to time in response to economic or political conditions.
Executives
Lucian L Morrison director LUCIAN MORRISON CONSULTANTS, 2001 KIRBY DRIVE #1300, HOUSTON TX 77019
Kwongyip Andrew Lai officer: Chief Finanical Officer 363 NORTH SAM HOUSTON PKWY, SUITE 380, HOUSTON TX 77060
Randall D Keys officer: Chief Financial Officer 3 HICKORY SHADOWS DR, HOUSTON TX 77055
Sofaer Capital Inc 10 percent owner