Far East Energy Corp. (FEEC.OB) Hears China United’s Call for Quicker Development of Vast Coalbed Methane Tracts
Many observers look at the Chinese market and see potential. They look, however, with a scale reminiscent of current western perception of market size and potential. As that observer looks toward China for market potential, it means rethinking common doctrine about scale and return. In this regard, thinking about anything China means multiplying by 25 anything one might consider. The country is big, the regions are big, the population is big and the potential profits are big when dealing on a big scale. Far East Energy Corp., a US based coalbed methane exploration/development company, works primarily in China to develop…