Facility Agreement	9 Months Ended
Facility Agreement	Sep. 30, 2012
Facility Agreement [Abstract]
Facility Agreement	3. Facility Agreement On November 28, 2011, FEEB entered into the Facility Agreement with SCB. The Facility Agreement provides for a $25 million credit facility, the proceeds of which are currently used for project costs with respect to the operations under the Shouyang PSC, as well as for finance costs and for general corporate purposes approved by SCB. The Facility Agreement had an initial 9-month term ending August 28, 2012, which we have extended to November 28, 2012. Loans under the Facility Agreement incurred interest at LIBOR plus a margin rate of 9.5% during the initial period and 10.0% thereafter, and mandatory costs, if any, to compensate SCB for certain Hong Kong regulatory compliance costs. At September 30, 2012, the total amount drawn under the Facility Agreement was $25.0 million and the related accrued interest was $0.3 million. In connection with and as security for the Facility Agreement, FEEB and/or the Company entered into certain other ancillary agreements, including a Share Pledge Agreement, an Account Charge Agreement, an Assignment of Shareholder Loans and a Subordination Agreement (collectively referred to as the “Ancillary Agreements”). Under the Ancillary Agreements, the Company pledged its shares in FEEB and granted a security interest in certain intercompany debt to SCB, and FEEB granted a security interest in certain bank accounts to SCB. During the quarter ended September, 30, 2012, we drew down the remaining balance under the Facility Agreement of $4.7 million. In 2011, the Company incurred approximately $1.7 million in financing costs in connection with entering into the Facility Agreement. In the first nine months of 2012, the Company incurred approximately $0.3 million and $0.5 million in financing costs in connection with amending and extending the Facility Agreement, respectively. The costs related to the Facility Agreement were capitalized as deferred financing costs and amortized over the term of the Facility Agreement. The effective interest rate, including amortization of financing cost and commitment fee, for the Facility Agreement was 23.0% per annum as of September 30, 2012. Amortization expense for the nine months ended September 30, 2012 was approximately $1.9 million.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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