DATED 26 JUNE 2008 and FAR EAST ENERGY LIMITED as Lender INTERCOMPANY LOAN AGREEMENT (MIE LOAN 2)

Exhibit 10.14

XXXXXXXX		XXXXXXXX CHANCE XXXX PTE LTD
CHANCE XXXX

DATED 26 JUNE 2008

MI ENERGY CORPORATION
as Borrower

and

FAR EAST ENERGY LIMITED
as Lender

INTERCOMPANY LOAN AGREEMENT
(MIE LOAN 2)

CONTENTS

Clause			Page
1. Definitions			1
2. Advances			1
3. Interest			2
4. Repayment			2
5. Payments			2
6. Governing Law			2

THIS AGREEMENT is made on 26 June 2008

BETWEEN:

(1)		FAR EAST ENERGY LIMITED, a company organised under the laws of Hong Kong (the “Lender”); and
(2)		MI ENERGY CORPORATION, a corporation organised and existing under the laws of the Cayman Islands and having an office at: c/o M&C Corporate Services Limited, X.X. Xxx 000 XX, Xxxxxx House, South Church Street, Xxxxxx Town, Grand Cayman, Cayman Islands (the “Borrower”).

IT IS AGREED as follows:

1.		DEFINITIONS
		“Advance” means the advance (as from time to time reduced by repayment or prepayment) made or to be made by the Lender hereunder.
		“Availability Period” means the period from and including the date of this Agreement to and including the day falling 30 days after the date of this Agreement.
		“Bridge Facility Agreement” means the facility agreement dated 6 June 2008 between, amongst others, the Lender as borrower and Standard Bank Asia Limited as arranger, agent and security trustee (as amended, varied, novated or supplemented from time to time).
2.		ADVANCES
2.1		On the Borrower’s request but subject to Clause 2.2 below, the Lender agrees that it shall make an Advance to the Borrower at the time and in the amount specified in such request. Provided that:

	2.1.1		the proposed date for the making of the Advance falls within the Availability Period; and
	2.1.2		a single Advance of up to $9,000,000 shall be made by the Lender hereunder; and
	2.1.3		the proceeds of the Advance shall be deposited by the Lender directly into the SPDB-ZR Loan Account (as defined in the Bridge Facility Agreement).

2.2 The Lender shall not be obliged to comply with a request made pursuant to Clause 2.1 if, following the receipt thereof, the board of directors of the Lender determines either:

	2.2.1		that the Lender is insolvent; or
	2.2.2		that compliance with such request would prejudice the Lender’s ability to pay its debts as they fall due.

- 1 -

3.		INTEREST
3.1		Interest (if any) shall be payable on the amount of the Advance outstanding at the rate per annum which agreed upon between the Borrower and the Lender from time to time and shall be calculated on the basis of a 360 day year and the number of days elapsed.
3.2		Interest (if any) on the Advance shall be payable at such times as may be agreed between the Borrower and the Lender.
4.		REPAYMENT
		The Advance (together with any interest accrued thereon and other amounts due or owing to the Lender in connection with the Advance) shall be repayable by the Borrower on the date falling six years after the date of this Agreement, or, following the occurrence of an Event of Default (as such term is defined in the Bridge Facility Agreement) under the Bridge Facility Agreement, on demand of the Lender provided that the Borrower may prepay the Advance in whole or in part at any time without premium or penalty.
5.		PAYMENTS
		Unless required by law and unless the Borrower and the Lender agree otherwise, all payments made by the Borrower hereunder shall be made free and clear of and without any deduction for or on account of any tax, set-off or counterclaim.
6.		GOVERNING LAW
		This Agreement shall be governed by English Law.

AS WITNESS the hands of the duly authorised representatives of the parties hereto the day and year first before written.

- 2 -

SIGNATURE PAGES TO
MIE LOAN 2 AGREEMENT

The Borrower

MI ENERGY CORPORATION

By:		/s/ Zhao Jiangwei
Name:		Zhao Jiangwei
Title:		Director

The Lender

FAR EAST ENERGY LIMITED

By:		/s/ Xxxxx Xxxxxx
Name:		Xxxxx Xxxxxx
Title:		Director