FEC Resources Inc. (FECOF)

[styl]

80 mil to 100 mil is what they said theyd spend on the first drilling.......and what they got "comitted" from philex.

But they stated numerous times as has been reposted in full context on this board that this total project would cost 5 billion..............as comparison its good to know that Malampaya cost a total 3 billion to invest..............i'll go know and see if i can find it in full context from a quote from fep......

hmmmm.........i just found this link: i'll just post this link and you can read the entire article..........this article says Malampaya cost about 5 bil according to Pag, and Pangilian is quoted saying even if we need people to come in to invest 5 to 10 billion it is....." Anyways, heres the article:

http://business.inquirer.net/18821/exploration-plan-boosts-philex-petroleum-shares