FEC Resources Inc. (FECOF)

[Nagasdog]

CALGARY, AB / ACCESSWIRE / July 14, 2016 / FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC"), would like to draw attention to the recent reports in the media regarding the ruling of the Permanent Court of Arbitration in the Hague with respect to claims of the Peoples Republic of China ("China") over resources in the South China Sea. While the ruling is clearly not in support of China's claims, the findings have been rejected by China. It is uncertain whether this ruling will resolve the dispute between the parties.

FEC Resources' major asset is an 18.42% shareholding in Forum Energy Limited whose major asset is a 70% interest in a potentially valuable gas field which is located in an area in the South China Sea which is subject to the dispute between China and the Republic of the Philippines. Drilling of the South China Sea prospect held by Forum Energy Limited is currently under Force Majeure as a result of the dispute.

On behalf of the Board of,
FEC Resources, Inc.
Paul Wallace