FormCap Corp. (FRMC)

 About: FormCap Corp. (FRMC)

Formcap Corporation (OTCQB: FRMC) is an emerging oil and gas exploration and development company. Our primary focus is the discovery and development of oil producing wells in the lower US states, primarily targeting the Mississippian. This prolific area has numerous producing zones, including the Layton, Lansing-Kansas City, Bartlesville, Stalnaker, and the Arbuckle. Total depths of 4,000 foot provides short drilling time; with wells being drilled in only 7 days. Access to water sources is easily obtained with two projects located within five miles of township 32 south range, 5 east. Access to drilling rigs for vertical and horizontal wells are in large supply, which creates attractive pricing for drilling and completing a well for under $500,000 per vertical well. Total production in Cowley County, Kansas is over 160 million barrels of oil and over 200 billion cubic feet of natural gas. Historical fields adjacent to FormCap’s acreage AMI include the Hittle Field, which has produced 10,900,000 barrels of oil and the David Field with over 7,000,000 barrels of oil in the Bartlesville and Arbuckle zones.

A 2400 acre position in Cowley County, Kansas was acquired by Formcap in February 2014 at a cost of $480,000.  The Company will provide for an initial Mississippi Lime Project possibility by contining to evaliuate and attracted prospected investment partners to particiapte in a farmin opportunity. The participation of Shell Oil, Sandridge, Chesapeake, Range Resources, and Chaparal Energy in this area has increased leasing values and drilling activity throughout southern Kansas.

The overall prospects for positive results in the Mississippian lime project are high. The State of Kansas has produced over 6 billion barrels of oil, with the large percentage coming from between the Central Kansas uplift and the Nemaha up-lift. A strong trend is projected through the proposed townships and ranges, which is confirmed by historic well data, seismic and sub-surface interpretation. Recent wells drilled in Township 32S R5E are associated with our proposed acreage position in the trend moving north and east, which shows multizone potential with up to 5 zones per well that can produce. Wells in this area have shown good showings of oil, strong bottom hole pressures (BHP) or good fluid, which correlates with low depletion rates. Strong zone pressures with fair oil/fluid recovery, indicates zone development, which should be associated with nearby oil reservoir potential.
 

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FORMCAP MANAGMENT

Management

Formcap’s current management team is led by Brad Moynes and Jim Kootnekoof.  Consultants and advisors have been engaged on a contract basis as required to minimize expenditures during this start-up phase. As the company progresses, it is planned that these individuals will join the team as Directors and Officers.

Brad Moynes, President & Director
Brad Moynes was appointed as President & CEO May 19, 2014 and has been instrumental in re-organozing the corporate structure required to meet future business development and financial requirements of the company as it seeks out and develops its Cowley County, Kansas prospective oil and gas leases. He brings to Formcap over 15 years of public finance and corporate management experience and has served as an Officer and/or a Director of several publically traded company's in the past.

Jim Kootnekoof, Director
Jim is the Founder and President and CEO of SecuSolutions LTD., which is an IT security consultancy and product development company based in Calgary Canada. He has worked in the IT security industry for the past 16 years with a total of 7 years based in Tokyo, both as an independent contractor in North America, and as the founder and CEO of a top tier security consulting firm based in Tokyo Japan.

While in Japan, and as CEO, Jim led the business development and marketing of several ground breaking products and services in the Japanese security industry. He has also provided high level security consulting, products and security education for some of the largest corporations in Japan including the local and federal government.

Over the past 16 years, Jim has given countless speeches on the topic of security throughout Japan, China and abroad at both private and public venues. He has spoken on various topics of security such as Cyber Terrorism, Cyber Crime, Risk Management, Spyware, Malware and Phishing. He has worked closely with Symantec Japan, IBM Japan and other Japanese based security companies to help spread awareness of security issues and challenges facing private and public companies in Japan and around the world.Jim brings a network of security experts consisting of some of the most elite individuals in the industry to his company SecuSolutions Ltd.

ADDITIONAL FRMC CHARTS BELOW

 Cowley County, Mississippian Formation, Kansas
(view website)

Significant quantities of oil and gas have been discovered and produced in Cowley County, Kansas in recent years.  The prospects for oil production are excellent with multi-zone potential for both vertical and horizontal development.  In addition to the Mississippian, zones producing in this area include the Layton, Lansing-Kansas City, Bartlesville, Stalnaker and the Arbuckle.  Reservoir properties are excellent with good porosity and permeability in thicker accumulations of hydrocarbons.  Total depths of approximately 4,000 feet provide drilling time of approximately seven (7) days with completed wells costing about $500,000 per vertical well.
 
Formcap is actively engaged in identifying, financing and developing oil and gas energy resource properties in North America, including the development of the 2400 prospective oil and gas leases in Cowley County, Kansas.  FormCap continues to review additional resource properties that combine positive elements of short-term exploration and development costs with high potential for long-term success and financial return.

FRMC CHARTS 

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Disclaimer

Disclaimer

The information contained in this website is to provide a general overview of FormCap Corporation’s activities and is not intended to be a comprehensive review of all matters concerning the company. FormCap Corporation makes no representation nor does it provide any warranty as to the accuracy, currency or completeness of such information. The information contained in this website may be modified by FormCap Corporation at any time without prior notice. In no event shall FormCap Corporation be liable for any direct, indirect, consequential or other damages arising or connected with the use of this website or the information herein. FormCap Corporation is registered as a reporting company under section12(b) of the Securities Exchange Act of 1934.  Risks involved in trading or investing in OTC listed securities including Formcap Corp could result in a 100% loss of your investment.

Forward-Looking Statements
This website contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein or in websites or documents linked hereto or otherwise publicly disclosed are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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