Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties.
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.
The company also reported a private placement of up to C $2.5 million and the sale of certain non-core, non-operated assets for proceeds of US $42.75 million.