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mie holdings corporation (1555) Details

MIE Holdings Corporation, an investment holding company, primarily explores for, develops, produces, and sells crude oil and other petroleum products under production sharing contracts (PSC) and other similar arrangements. It has two PSCs in the People’s Republic of China; an exploration contract and four production contracts in the Republic of Kazakhstan; a working interest in the Niobrara shale oil and gas asset in the United States; and two PSCs in Shanxi, the People’s Republic of China. The company has net proved oil and gas reserves of approximately 113.9 million barrels of oil equivalents (BOE); net proved and probable oil and gas reserves of approximately 232.2 million BOE; and net proved, probable, and possible oil and gas reserves of approximately 311.1 million BOE. It also operates a total of 2,772 wells, including 2,719 wells in the People’s Republic of China, 48 wells in the Republic of Kazakhstan, and 5 wells in the United States. The company is based in Hong Kong. MIE Holdings Corporation is a subsidiary of Far East Energy Limited.

mie holdings corporation (1555) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: CNY6.6M
Executive President and Executive Director
Total Annual Compensation: CNY1.9M
Vice Chairman and Senior Vice President
Total Annual Compensation: CNY3.6M
Chief Geologist, Senior Vice President and Ex...
Total Annual Compensation: CNY3.0M
Compensation as of Fiscal Year 2015.
mie holdings corporation
MIE Holdings Corporation Announces Group Operating Results for the Year Ended Dec. 31, 2016

MIE Holdings Corporation announced group operating results for the year ended Dec. 31, 2016. For the period, the company announced average daily gross production of 18,128 barrels of oil equivalent/day compared to 20,430 barrels of oil equivalent/day for the same period a year ago. Average daily net production was 9,824 barrels of oil equivalent/day compared to 11,153 barrels of oil equivalent/day for the same period a year ago. Average daily net oil production was 8,959 barrels/day compared to 10,153 barrels/day for the same period a year ago. Average daily net gas production was 5,189 Mscf/day compared to 6,002 Mscf/day for the same period a year ago.

MIE Holdings Corporation Announces Consent Solicitation for its 6.875% Senior Notes Due 2018 and 7.50% Senior Notes Due 2019

MIE Holdings Corporation announced that it has commenced a concurrent consent solicitation seeking consents from holders of its outstanding 6.875% Senior Notes due 2018 and its 7.50% Senior Notes due 2019 to certain proposed amendments to the indenture governing the 2018 Notes dated as of February 6, 2013, as amended and supplemented from time to time, and the indenture governing the 2019 Notes dated as of April 25, 2014, as amended and supplemented from time to time, by and among the Company, the subsidiary guarantors named therein and Citicorp International Limited, as trustee. The 2018 Notes and 2019 Notes are listed on the Singapore Exchange Securities Trading Limited. As of the date of this announcement, the aggregate principal amount of the 2018 Notes is $200,000,000 and the aggregate principal amount of the 2019 Notes is $476,000,000.

MIE Holdings Corporation Announces Operating Results for the Nine Months Ended September 30, 2016; Provides Operating Guidance for the Full Year 2016

MIE Holdings Corporation announced operating results for the nine months ended September 30, 2016. For the period, the company announced average daily operated production of 18,617 barrels of oil equivalent/day compared to 20,898 barrels of oil equivalent/day for the same period a year ago. Average daily net production was 10,214 barrels of oil equivalent/day compared to 10,214 barrels of oil equivalent/day for the same period a year ago. Average daily net oil production was 9,285 barrels/day compared to 10,221 barrels/day for the same period a year ago. Average daily net gas production was 5,574 Mscf/day compared to 6,072 Mscf/day for the same period a year ago. The company provided operating guidance for the full year 2016. For the year, the company expects to report average daily net oil production between 9,240 barrels/day and 10,540 barrels/day and average daily net gas production between 6,100 Mscf/day and 7,100 Mscf/day.

 

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