FEC Resources Inc. (FECOF)

[styl]

is that all the phi govt owned of malampaya? 10%? or are they selling 10% of their ownership...which is like 5% of the whole thing.....I was under the conclusion that they had at least 50%.....or in feps case will be 60%...

we are also estimated to have 440 mb not just 40 like malampaya.

I dont know....that 3 billion price tag is on the low end of what i'd estimate malampaya to be worth.....kind of a firesale unless theres taxes for them to receive on the sale.etc.....

at these prices.....china can just buy in one day all of the profitable fields in the south china sea for the cost of us going to war in iraq for one month.