NEW YORK, Nov. 3, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:
Far East Energy Corporation (OTCBB:FEEC), has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a provider of financial intelligence programs.
Benchmark analyst coverage will be initiated by Investrend Research analyst Gary Vassalotti. The company, along with the analyst, will also be participating in Investrend Broadcast's Company of the Week(tm) webcast in partnership with VCall. Investrend Research is located on the web at http://www.investrendresearch.com
Far East Energy is exploring and developing three of the largest coalbed methane (CBM) projects in the world with partners ConocoPhillips and China United Coalbed Methane Co. (China United). Far East Energy's interests represent over 10 trillion cubic feet (TCF) of natural gas resource within these three projects, of which almost 7 TCF is potentially recoverable.
Far East also has a shallow gas field extension project in Montana U.S.A., adjacent to a major interstate pipeline. Far East Energy's business objective is to be a leading energy company generating significant growth with low operating and development costs to build shareholder value.
An InvestorPower(tm) page has been created regarding the company at http://www.investrend.com/company/list.asp?sPathParam=yes.
Mr. Vassalotti has his own equity analysis and portfolio management practice. He previously worked with First American Bank, NA, First Union National Bank (now Wachovia Bank), and Montag Management, and has an overall interest in global markets. Mr. Vassalotti is a member the AIMR, and a former member and board member of the North Carolina Investment Advisors Association. Mr. Vassalotti has a B.S. in Finance with an emphasis in Economics from the Pennsylvania State University. He has completed Level I of the Chartered Financial Analyst (CFA) program.
Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 65 AIMR-qualified professional analysts posting more than 550 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional Research platform is $14,800 per annum. Enrollment fees for "Company of the Week" webcasts are $2,840.00. These enrollment fees are being paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.
Anyone interested in receiving alerts regarding Far East Energy research or webcasts should e-mail info@investrend.com with "FEEC" in the subject line, or click on http://www.investrend.com/contact.asp.