Monday, December 27, 2010 3:19:27 AM
FRMC is pleased to announce that it has entered into a Consulting and Option Agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada, to develop and execute the drilling and development plan for the Weber City Prospect. The Weber City Prospect consists of approximately 5,800 acres with room for 100+ well locations, strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US.
Mr. Mackenzie's current company, C&C Energia LTD (CZE:TORONTO) is currently trading at C$11.93 per share... Hmmmm...
Mr. Norman J. Mackenzie is the Founder of Normac Investments Inc. and has been its President since 1987. Mr. Mackenzie serves as the Chief Executive Officer of Laja Capital Corporation. He is the Founder of C & C Energy Canada Ltd. Mr. Mackenzie has 30 years of experience in the oil and gas industry. Mr. Mackenzie served as the Chief Executive Officer of Raptor Capital Corporation since 1987 until 2005. Mr. Mackenzie served as the President of Scarboro Resources Limited, ...
Companies that Mr. Mackenzie has been associated with have been at the leading edge of technology in all sectors of the oil and gas business. His expertise and that of his team will be used to develop a strategic plan for the development of FormCap’s Weber City Prospect. The plan will include the scope of seismic surveys, the delineation of multiple drill targets and access to capital to assist in the exploration of the company’s leases.
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