UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): June 21, 2012
FAR EAST ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
| Nevada | | 0-32455 | | 88-0459590 |
(State or other jurisdiction of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
| 363 N. Sam Houston Parkway East, Suite 380, Houston, Texas | | 77060 |
| (Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code:(832) 598-0470
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On June 15, 2012, Far East Energy (Bermuda), Ltd. (“FEEB”), a wholly-owned subsidiary of Far East Energy Corporation, was notified that the Ministry of Commerce of the People's Republic of China approved its modification agreement (the “Modification Agreement”) to the Production Sharing Contract (the “Yunnan PSC”) for Exploitation of Coalbed Methane Resources for the Enhong and Laochang Area in Yunnan Province, the People’s Republic of China, dated January 25, 2002, between China United Coalbed Methane Corporation Ltd. and FEEB. Under the terms of the Modification Agreement, FEEB will relinquish the Enhong Block while retaining the 483 square kilometer Laochang Block (approximately 119,340 acres). The Modification Agreement extends the exploration period of the Yunnan PSC to December 31, 2013.
The above discussion of the Modification Agreement is a summary description of certain terms and conditions of such agreement and is qualified in its entirety by the full text of the Modification Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
| 10.1 | Modification Agreement for Production Sharing Contract for Exploitation of Coalbed Methane Resources in Enhong and Laochang Area, Yunnan Province, The People’s Republic of China, dated December 31, 2011. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 21, 2012
| | Far East Energy Corporation |
| | | |
| | By: | /s/ Michael R. McElwrath |
| | Name: | Michael R. McElwrath |
| | Title: | President & Chief Executive Officer |
Index to Exhibits
Exhibit
| 10.1 | Modification Agreement for Production Sharing Contract for Exploitation of Coalbed Methane Resources in Enhong and Laochang Area, Yunnan Province, The People’s Republic of China, dated December 31, 2011. |
