FEC Resources Inc. (FECOF)

[Lottalead]

This is huge IMO! This is an article that directly ties Dennis Uy investment in PXP to SC72

https://business.mb.com.ph/2018/11/12/pxp-energy-raises-p7-11-b-funding-for-petroleum-exploration/

The PXP Energy-Dennison Holdings tie up is expected leveraging on targeted petroleum exploration at Service Contract 72 of Recto Bank, a block straddling Northwest Palawan basin.

Uy’s camp is offering the conglomerate of Pangilinan to join its planned liquefied natural gas (LNG) projects which it will be pursuing with China National Offshore Oil Corporation (CNOOC).

PXP Energy acknowledged that the planned LNG facilities would serve as a complementary venture “as it could provide an off-take agreement and a market for the gas that could be sourced and produced from Service Contract 72.”