HOUSTON, May 13, 2010 /PRNewswire/ -- Far East Energy Corporation today announced that Michael R. McElwrath, CEO and President of the Company will present at the Rodman Renshaw Annual Global Investment Conference to be held at Grosvenor House, London. Mr. McElwrath will present on behalf of Far East Energy on May 17, 2010 at 2:50 p.m. London Time. Interested parties may participate by viewing the webcast, which link is posted on the Company's website at http://www.fareastenergy.com. To participate, please sign in about 10 minutes prior to the presentation:
Event: Rodman Renshaw Annual Global Investment Conference - London Date: Monday, May 17, 2010 Time: 2:50 p.m. London Time (8:50 a.m. CT - 9:50 a.m. ET - 6:50 a.m. PT) Webcast: www.fareastenergy.com
About Far East Energy Corporation
Based in Houston, Texas, with offices in Beijing, Kunming, and Taiyuan City, China, Far East Energy Corporation is focused on CBM exploration and development in China.
Statements contained in this press release that state the intentions, hopes, beliefs, anticipations, expectations or predictions of the future of Far East Energy Corporation and its management are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. It is important to note that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. Actual results could differ materially from those projected in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include: certain pipelines that are planned in proximity to Far East's projects in China may not be constructed, or if constructed may not be timely, or their routes may differ from those mentioned; the pipeline and local distribution/compressed natural gas companies may decline to purchase or take our gas, or the timing of any definitive agreement may take longer than anticipated and the terms may not be as advantageous as expected; the gas produced at our wells may not increase to commercially viable quantities or may decrease; we may have insufficient capital to fund the planned drilling or to develop the Shouyang field; the high permeability and high gas content may not be as widespread as anticipated; weather may significantly delay the planned drilling program; wells may be damaged or adversely impacted during the production process, resulting in decreases in the amount of gas produced, or that can be produced; certain proposed transactions with Arrow Energy International Pte Ltd (Arrow) may not close on a timely basis or at all, including due to a failure to satisfy closing conditions or otherwise; the anticipated benefits to us of transactions with Arrow may not be realized; the final amounts received by us from Arrow may be different than anticipated; Chinese Ministry of Commerce (MOFCOM) may not approve the extensions of the Qinnan Production Sharing Contract (Qinnan PSC) on a timely basis or at all; PetroChina or MOFCOM may require certain changes to the terms and conditions of the Qinnan PSC in conjunction with their approval of any extension; our lack of operating history; limited and potentially inadequate management of our cash resources; risk and uncertainties associated with exploration, development and production of CBM; expropriation and other risks associated with foreign operations; disruptions in capital markets effecting fundraising; matters affecting the energy industry generally; lack of availability of oil and gas field goods and services; environmental risks; drilling and production risks; changes in laws or regulations affecting our operations, as well as other risks described in our Annual Report on Form 10-K for 2009 and subsequent filings with the Securities and Exchange Commission.
SOURCE: Far East Energy Corporation
CONTACT: David Nahmias, +1-901-218-7770, dnahmias@fareastenergy.com, orBruce Huff, +1-832-598-0470, bhuff@fareastenergy.com, or Catherine Gay,+1-832-598-0470, cgay@fareastenergy.com, all of Far East Energy Corporation
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