FEC Resources Inc. (FECOF)

[styl]

lets hope this comes into fruition soon to boost fep and fecofs worth.........waiting for sc72 will drive you crazy.......having something else to look forward to might help.

Forum Energy PLC Targets to Start Production from Libertad Gas Field Inq4

08/11/2011

Forum Energy PLC announced in a company report that the Libertad gas field under under service contract 40 is "expected commercial production in the fourth quarter. The Libertad Gas Field is situated in northern Cebu and lies within service contract 40. The field was discovered in the late 1950's but was not developed. A testing program was carried out from 1993 to 1995 involving the drilling of around seven wells. Forum Energy carried out a feasibility study in 2004 to determine the most commercially viable option for the development of the field. The results recommended a development plan using three gas-to-electricity generators, with a maximum capacity of 3 MW which will be developed by DESCO.