Business Press Release – Newsletter for January 11, 2011

Kyiv Shows World’s Largest Drop in Hotel Room Prices

KYIV, Ukraine, January 10, 2011 – Ukraine's capital Kyiv topped the rating of the world cities
which have experienced the steepest fall in the hotel room rates in January
this year, the Australian HotelsCombined.com web-site reports. According to
the web-site, the average room rate in Kyiv hotels has dropped by 23 percent
from 124.7 to 96 USD per … Original source on Gaea Times at : Kyiv Shows World's Largest Drop in Hotel Room Prices.

Far East Energy Announces December 31, 2010 Receipt of Initial Cash Payment for Gas

HOUSTON, January 10, 2011 – Far East Energy Corporation (OTC Bulletin Board: FEEC) announced today
that on December 31, 2010, the Company's Chinese partner, CUCBM, received the
initial cash payment for gas produced from the Shouyang Block in Shanxi
Province, China. Thus, as previously projected, the first payment for
Shouyang Block gas occurred before year-end 2010.

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