FEC Resources Inc. (FECOF)

[styl]

I am aware of this but thank you very much for posting this.......its good to be reposted once a month for new subscribers to be informed.......its the reason I'm long on this stock..and the fact that malampaya became sucessful

the thing is we should be very careful with the terminology..........the adjectives used have specific definitions for this field......... possibilities.... potential.....<not proven yet> ....... proven.......exploratory........test .............just because a well exists it dosnt guarantee the recovery and they will not be pumping out of the test wells.......they need a new project to make it work......................making it in the ocean doesnt make it any easier.

recoverable.......nonrecoverable......... we havent even gotten to those stages yet.

correct me if i'm wrong but those 3 wells are simply test wells and have never pumped anything out........the are not Working wells and therefore are not Succesful wells........

once again Nidof had test wells....or exploratory wells...........and when they went to develope them into sucessful wells the soil.earth....rock........wasnt strong enough and they collapsed making their latest find and their biggest one at that, a bust.......I'm not certain if theyve abandoned it completely but their statement gave that impression, its investment in that so far was a failure attempt has cost them financial losses not gains.