FEC Resources Inc. (FECOF)

[MWM]

FEC Reports on Sale of Forum Energy Limited Shares

Calgary, Alberta--(Newsfile Corp. - December 6, 2017) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has agreed to the sale of 1,000,000 Forum Energy Limited. ("Forum") shares to its parent company PXP Energy Corporation ("PXP") in order to obtain necessary working capital. The sale price of the shares is US$0.30. As a result of the sale, FEC's interest in Forum has been reduced from 8.03% to 6.80%.

On behalf of the Board of,

FEC Resources, Inc.

Paul Wallace