FEC Resources Inc. (FECOF)

[styl]

halting til negotiations go underway.


quote:
Seismic testing for gas by an Anglo-Filipino consortium had been halted after an incident in which Manila says two Chinese boats threatened to ram a survey ship, the government said.

Energy Secretary Jose Rene Almendras said the seismic tests would resume after the Philippines and China held talks to resolve the dispute. Manila would send maritime affairs experts to Beijing later this week for negotiations.

“They had to pack up and reconstitute everything,” Almendras told reporters, saying it would take a few days to restart the tests. “We have to wait, but we hope to resume.”