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FEEC.OB > SEC Filings for FEEC.OB > Form 8-K on 27-Aug-2009All Recent SEC Filings

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Form 8-K for FAR EAST ENERGY CORP


27-Aug-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibit


Item 1.01. Entry into a Material Definitive Agreement.

On August 25, 2009, Far East Energy (Bermuda), Ltd. ("FEEB"), a wholly-owned subsidiary of Far East Energy Corporation (the "Company"), was notified that the Ministry of Commerce of the People's Republic of China approved two modification agreements (the "Modification Agreements"), which relate to FEEB's production sharing contracts (the "PSCs") for the Shouyang Area of Shanxi Province and the Enhong and Laochang Areas in Yunnan Province. The Modification Agreements amend these PSCs to, among other things, extend the exploration period under the PSCs to June 30, 2011.

The above discussion of the Modification Agreements is a summary description of certain terms and conditions of such agreements and is qualified in its entirety by the terms and conditions of the Modification Agreements, which are attached hereto as Exhibit 10.1 and Exhibit 10.2 and each of which are incorporated by reference herein.



Item 9.01. Financial Statements and Exhibits.

Exhibit
Number          Description

  10.1          Modification Agreement dated July 27, 2009 for
                Production Sharing Contract for Exploitation of
                Coalbed Methane Resources for the Shouyang Area in
                Shanxi Province, Qinshui Basin, the People's
                Republic of China, dated April 16, 2002, by and
                among China United Coalbed Methane Corporation
                Ltd., ConocoPhillips China Inc. and Far East Energy
                (Bermuda), Ltd.

  10.2          Modification Agreement dated July 27, 2009 for
                Production Sharing Contract for Exploitation of
                Coalbed Methane Resources for the Enhong and
                Laochang Area in Yunnan Province, the People's
                Republic of China, dated December 3, 2002, between
                China United Coalbed Methane Corporation Ltd. and
                Far East Energy (Bermuda), Ltd.


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