FEC Resources Inc. (FECOF)

[styl]

PPC also controls Forum Energy Plc., a UK company that has a 70-percent interest in Service Contract 72 covering the Sampaguita natural gas discovery, as well as participating interests in various petroleum service contracts.

what percentage of fep does ppc own? is it the 38% that philex originally listed under its umbrella? or are they somehow also including half of fecofs 24%,while allowing fecof to trade on its own.

philex will own indirectly....38% plus half of 24% of fecofs piece of fep.which means philex owns 38+12 =50% of fep