Far East Energy Announces Investor Update Webcast

HOUSTON - Far East Energy Corporation (OTC Bulletin Board: FEEC) announced today
that it will host an investor conference call Thursday, April 9, 2009 at 9:30
a.m. Central Time - 10:30 a.m. Eastern Time. Michael R. McElwrath, Chief
Executive Officer and President, will be joined by Phil A. Christian, Chief
Operating Officer (COO) to discuss the Company’s recently announced strategic
alliance with Arrow Energy International.

Conference Call Details

To participate in the Webcast, participants have the option to listen
only to the call; or, to listen and submit questions for the Q&A segment of
the call by accessing the Webcast link to be provided on the Company’s
website. Please note: questions can only be submitted via the conference link
posted on the Home page of the Company’s website at: www.fareastenergy.com.

Date: Thursday, April 9, 2009 - 9:30 a.m. CT - 10:30 a.m. ET
Dial in access: +1-800-860-2442 (U.S. participants) or
+1-412-858-4600 (International participants)
Request connect: Far East Energy Conference Call
Call and Q&A: www.fareastenergy.com

Far East Energy Corporation

Based in Houston, Texas, with offices in Beijing, Kunming, and Taiyuan
City, China, Far East Energy Corporation is focused on CBM exploration and
development 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: certain of the
proposed transactions with Arrow may not close on a timely basis or at all,
including due to a failure to satisfy closing conditions or otherwise; the
anticipated benefits to us of the transactions with Arrow may not be
realized; the final amounts received from Arrow may be different than
anticipated; 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.

Source: Far East Energy Corporation

David Nahmias, +1-901-218-7770, dnahmias at fareastenergy.com, or Catherine Gay, +1-832-598-0470, cgay at fareastenergy.com, both of Far East Energy Corporation