FEC Resources Inc. (FECOF)

[styl]

http://news.abs-cbn.com/business/02/11/13/us-agency-sees-huge-oil-gas-potential-spratlys

That's one of many articles linked to the us energy depts estimates on the reed bank. Seismic surveys from wetherford were estimating means of 8tcf..... maybe the us energy dept knows more.

It's important to note that is energy reports were pessimistic on the south China s a reserves in the mid 90's. While China who helped survey the reed bank way back when were extremely optimistic with their first hand knowledge.
The us energy dept has been changing their figures upward by quite a lot trying to catch up with China's figures. So this is very very optimistic. Claims that the south China s a can be second to Saudi Arabia!!
Russia also has like 5000 tcf untapped has as the largest gas reserves. Keeps gas prices low. But change them into liquified gas for countries like Japan in need of importing energy, and we have a cash king.