Far East Energy to Host Investor Web Cast to Discuss Operational Developments in China

Far East Energy to Host Investor Web Cast to Discuss Operational Developments in China

Far East Energy Corporation (OTC Bulletin Board: FEEC – News) will hold a China operational update Web Cast with CEO Michael McElwrath on Wednesday, February 14, 2007 at 11:00 a.m. Eastern.

What: Far East Energy — China Operations Update and Investor Q&A via Web Cast When: Wednesday, February 14, 2007 at 11:00 a.m. Eastern Standard Time Where: www.fareastenergy.com

How: Live over the Internet — Simply logon to the web at the URL above

Contact: David Nahmias, Investor Relations for any questions at
901-218-7770 or by email dnahmias@fareastenergy.com

2007 ANNUAL MEETING OF SHAREHOLDERS

Separately, the Company said today that its Board of Directors scheduled the 2007 Annual Meeting of Stockholders for December 7, 2007, approximately one year from the 2006 Annual Meeting of Stockholders, which only recently concluded on December 21, 2006.

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 the acquisition of, and exploration for, coalbed methane in China through its agreements with ConocoPhillips and China United Coalbed Methane Company, Ltd. (CUCBM).

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: the preliminary nature of well data, including permeability and gas content, and commercial viability of the wells; risk and uncertainties associated with exploration, development and production of oil and gas; drilling and production risks; our lack of operating history; limited and potentially inadequate cash resources; expropriation and other risks associated with foreign operations; anticipated pipeline construction and transportation of gas; matters affecting the oil and gas industry generally; lack of availability of oil and gas field goods and services; environmental risks; changes in laws or regulations affecting our operations, as well as other risks described in our Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission.

Contact: David Nahmias: Far East Energy Investor Relations 901-218-7770

dnahmias@fareastenergy.com

Bill Conboy/ Vice President Bill@ctaintegrated.com Warren Laird/ Senior Account Executive Warren@ctaintegrated.com CTA Integrated Communications 303-665-4200 Release No. 2007-02


Source: Far East Energy Corporation

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