The newly spudded wells are the SYE-16, a new appraisal well, and the 62-2V, an additional production well, bringing to 16 the number of wells spudded thus far in 2013.

Morningside is a multi-zone prospect with additional targets in the Basal Quarts (Ellerslie) formation, and bypassed gas targets in the Glauconitic, Osteracod, Belly River and Coalbed Methane (CBM) formations.

Based in Houston, Texas, with offices in Beijing, and Taiyuan City, China, Far East Energy Corpo. is focused on coalbed methane exploration and development in China.

Based in Houston, Texas, with offices in Beijing, and Taiyuan City, China, Far East Energy Corp. is focused on coalbed methane exploration and development in China.

"The North American Shale Revolution: Analogues For Australian Success" provides proven strategies for resource plays.

Based in Houston with offices in Beijing and Taiyuan City, China, Far East Energy Corp. is focused on coalbed methane exploration and development in China.

The 2012 Field Program was initiated in early November 2012 and involves drilling, casing and completing production wells at two key selected locations.

The program aims to delineate unconventional gas resources in several Senex permits in the southern and northern South Australian Cooper basin.

The NSAI technical report can be found on the company's website and on SEDAR.

Mira 4 is located approximately 13 km southeast of the Mahalo pilot area and is approximately 250 km (155 miles) west of Gladstone in central Queensland.

The final terms and conditions of the proposed farm-in remain subject to the negotiation and execution of formal agreements between ExxonMobil and CBM Asia, as well as, among other conditions, government approvals.

Upon closing, Molopo received total proceeds of A$41 million plus a working capital adjustment of A$2.4 million.

Senex drilled the Skipton-1 exploration well to test the unconventional gas potential of the shale and tight gas sands of the Roseneath-Epsilon-Murteree package as well as the tight gas sands and deep coal seams of the Patchawarra formation, according to a news release.

Approval was also granted to amend the work program to include a detailed exploratory well on each of the two blocks by 2015 instead of 2012, which will analyze gas content and economic potential in both the coal and the shale.

Under the joint study agreement, CBM Asia and its partner, PT Tranaco Utama, will conduct geological studies in cooperation with an Indonesian university to determine the economic viability of potential coalbed methane within the study area.