FEC Resources Inc. (FECOF)

[Lottalead]

I like this article better:

https://www.rappler.com/nation/200059-duterte-xi-go-signal-joint-exploration-framework-west-philippine-sea

"How important was that statement made by the two leaders? Very important, because it's basically the go signal to come up with a framework, and if it's acceptable to both sides, we could see the joint exploration done soon," Cayetano said.

"If our legal minds, the DFA, the Department of Energy, Malacañang, and some of our consultants can come up with a framework tomorrow, I will send that to the Chinese tomorrow. If they can send it back to us the next day, and they say they agree, then we can start drafting the MOU or the agreement, and vetting it for official okay," Cayetano said.