FEC Resources Inc (FECOF)

[premier1one]

Nice find....I like this part...
Consolidated revenues this year also included petroleum revenues of P198.7 million, an eight-fold increase from P24.2 million a year earlier, contributed by Forum Energy PLC (FEP), a 51.95 percent owned subsidiary. Revenues from coal amounted to P18.9 million, chipped in by wholly-owned unit Brixton Energy & Mining Corp. (BEMC), which is projected to commence commercial operations before the year ends.

Forum Energy’s revenues came primarily from its share of production from the Galoc oil field offshore northwest Palawan Island. Brixton Energy’s revenues were derived from the sale of its coal purchases.