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FEC Resources Inc. (FECOF)

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Moderator: MWM
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Last Post: 9/19/2017 8:44:58 PM - Followers: 86 - Board type: Free - Posts Today: 24

FEC Resources Inc

Major Shareholders
PXP Energy Corporation  225,000,000
Asian Coast International 67,740,000
CDS&Co 49,975,191  
CEDE & Co 38,775,155 
  
O/S: 409,143,765
FLOAT: 27,644,514


On  March  23,  2017,  PXP  announced  that  it  has  increased  its  shareholdings  in  Forum  Energy  Limited  (“FEP”)  from  48.8%  to  69.5%  through  a subscription for new ordinary shares.  The Company did not participate in this financing transaction.  There were no changes made to the board of FEP.  The PXP investment resulted in the dilution of the Company’s interest in FEP from 18.42% to 8.03%
 
Forum Energy’s holdings
·         70% interest in Service Contract 72 (SC 72), an offshore license which contains the Sampaguita Gas Field as well as several additional oil and gas leads;
·         66.7% interest in SC 40 (Cebu), a service contract which contains the onshore Libertad Gas Field and Maya discovery and several other prospects
·         100% interest in Forum Energy Philippines Corporation, a company with varying interests in nine (9) offshore fields west of the Philippines including a 2.27% interest in the producing Galoc Field.
 
Forum’s principal asset is a 70% interest in the SC 72/GSEC101 offshore license located to the north west of the Philippine island of Palawan. The area is some 10,360 Km2 and contains the Sampaguita gas discovery which has expected gas in place of 3.4TCF and potential upside to 20 TCF (“Trillion Cubic Feet”). Potential unrisked reserve estimates for the seven prospects and three discoveries within the licenses initially acquired by Forum total some 900 mmbbls of oil equivalent or 5.5 TCF. 
Links
http://www.fecresources.com/
http://www.forumenergyplc.com/
http://www.otcmarkets.com/stock/FECOF/company-info

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FECOF
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FECOF News: Annual and Transition Report (foreign Private Issuer) (20-f) 03/30/2017 06:07:22 AM
PostSubject
#8155  Sticky Note Duterte’s favorite tycoon rings a golden bell MWM 08/06/17 08:54:47 AM
#8339   Yes, good catch. FECOF had shares in eom7 09/19/17 08:44:58 PM
#8337   Yep here is the info on the Idexa shares... MWM 09/19/17 04:00:00 PM
#8336   As at February 15, 2017, management is not aware of&#16 MWM 09/19/17 03:50:19 PM
#8335   I assume these were Indexa's shares, per the Ibox? MWM 09/19/17 03:32:34 PM
#8334   In February 2016, an agreement was reached with a shareholder to cancel  MWM 09/19/17 03:31:58 PM
#8333   Actually reading a little more of the last MWM 09/19/17 03:28:36 PM
#8332   I was just looking at the last filings, MWM 09/19/17 03:25:40 PM
#8331   Sub Penny shares going going... MWM 09/19/17 02:44:56 PM
#8330   got a little bid fill there ... thank kairos 09/19/17 02:32:52 PM
#8329   ah yes Thank you hain 09/19/17 01:44:08 PM
#8328   http://www.investopedia.com/articles/trading/06/level2quotes.asp kairos 09/19/17 11:20:11 AM
#8327   what is L2 ? hain 09/19/17 11:10:05 AM
#8326   .025 coming soon on L2! Glad you eom7 09/19/17 10:55:05 AM
#8325   yes the ASK is over 0,01 (-: hain 09/19/17 10:40:03 AM
#8324   Been a sleeper for the last 10 years! MWM 09/19/17 10:27:22 AM
#8323   Hope you are well Mike. If you look mgland 09/19/17 10:26:02 AM
#8322   Hey Buddy! It's been a while! MWM 09/19/17 10:24:49 AM
#8321   FECOF. Joined you here. mgland 09/19/17 10:23:15 AM
#8320   PXP another strong day! MWM 09/19/17 10:06:58 AM
#8319   Doesn't look like there is much left to MWM 09/19/17 10:01:57 AM
#8318   yes pray is also an option hain 09/19/17 09:23:31 AM
#8317   well in God and Rod we pray gnoonster 09/19/17 08:52:26 AM
#8316   Day for Day near to drilling hain 09/19/17 07:28:25 AM
#8315   in the near future, this is a dream hain 09/18/17 11:37:42 AM
#8314   150K shares ain't too shabby... MWM 09/18/17 11:06:02 AM
#8313   I think to the hain 09/18/17 10:59:11 AM
#8312   why only a few ? hain 09/18/17 10:55:53 AM
#8311   I gobbled up a few more... MWM 09/18/17 10:45:59 AM
#8310   Possibly a rule that doesn't allow it or something... MWM 09/17/17 09:00:32 PM
#8309   Tried them won't except accounts from UK.Trying Boom jubbyjubber 09/17/17 07:41:38 AM
#8308   Great Post! greenwillow 09/16/17 11:52:12 AM
#8307   I was trying to sticky this post but MWM 09/15/17 08:45:16 PM
#8306   I know this play is hard to follow, eom7 09/15/17 03:58:19 PM
#8305   thank you eom7! kairos 09/15/17 03:56:36 PM
#8304   The reason I have invested in FECOF for eom7 09/15/17 03:55:09 PM
#8303   looks like the sub-penny shares are almost gone... eom7 09/15/17 03:08:12 PM
#8302   TDAmeritrade and I like them! MWM 09/15/17 09:39:08 AM
#8301   What broker do you use out of interest? jubbyjubber 09/15/17 09:32:22 AM
#8300   Excellent welcome on board! Good to know it MWM 09/15/17 08:11:39 AM
#8299   Fec-off! lol! MWM 09/15/17 08:10:25 AM
#8298   I always think this stock is swearing at kairos 09/15/17 08:05:45 AM
#8297   Let there be light! MWM 09/14/17 11:12:02 PM
#8296   LIGHT IN THE TUNNEL? Nagasdog 09/14/17 09:34:21 PM
#8295   So quiet, I guess that means it wasn't MWM 09/14/17 05:06:07 PM
#8294   Time and Sales MWM 09/14/17 03:16:13 PM
#8293   Someone is Loading today! About 1.5 million shares MWM 09/14/17 02:33:13 PM
#8292   Sweet there is still an idiot seller left! MWM 09/14/17 02:15:44 PM
#8291   Now someone took out the .006's! Man I MWM 09/14/17 02:12:05 PM
#8290   Nice jubbyjubber 09/14/17 01:53:35 PM
#8289   13:18:58 0.005 664400 OTO MWM 09/14/17 01:38:03 PM
PostSubject