FRMC is truly a monster in the making with the team and connections they have put together. When I say connections... I want you to understand that there is one connection that is undeniable when speaking in terms of potential for this company. The connection I am speaking of is Mr. Norman Mackenzie of Calgary, Alberta, Canada who was contracted to develop and execute the drilling and development plan for the Weber City Prospect. Did I happen to mention that he is a MULTI-MILLIONAIRE who has made his money from very lucrative oil deals? Mr. Mackenzie has over thirty years of experience in the domestic and international energy industry with companies that have developed significant energy projects in the North Sea (UK and Norway), China, Abu Dhabi, Dubai, Egypt, Bangladesh and Libya. In addition, he is Chairman and Founder of C & C Energy Canada Ltd http://www.ccenergialtd.com./ (trades on the Nasdaq for $12.54 a share and their market cap is 680.9 million), which is engaged in oil and gas exploration in Colombia, South America; these assets are currently capable of producing over 5,000 BOPD. Companies that Mr. Mackenzie has been associated with have been at the leading edge of technology in all sectors of the oil & gas business. In 1992, Scimitar Hydrocarbons, a public company founded by Mr. Mackenzie, was merged with Rally Energy Corp., which was subsequently sold for over $900 million in 2003. Mr. Mackenzie and his team will develop a strategic development plan that will include the scope of seismic surveys, the delineation of multiple drill targets and access to capital to assist in the ultimate exploitation of FormCap's leases.
FRMC announced 12/08/2010 FormCap Corp. in Arrears on Debenture Formcap CP Cmn (USOTC:FRMC)
FormCap Corp. (Pink Sheets: FRMC.PK), an emerging oil & gas exploration company that is primarily focused on the development of its oil & gas properties in the continental United States, announced today that the payment for an outstanding debenture is past due and that a demand for the payment of the debenture has been made through the debenture holder's legal counsel. FormCap Corp. is attempting to seek a favorable resolution via a partnership or the extension of the debenture
FRMC announced that on March 16, 2011, the Company signed a Farm-out Agreement for oil and gas exploration in the Peco Area of Alberta. The Farm-out Agreement between FormCap Corp. and a private Alberta Corporation is comprised of a Seismic Option, a Farm-out and a Participation clause, each of which contractually set out the terms that will underpin FormCap Corp.'s exploration obligations and working interest in the project
This property picked Mr Mackenzie
FormCap Corp. Signs Farm-Out Agreement for Oil and Gas Exploration in Alberta on 03/29/2011 The Agreement stipulates a commencement date for the shooting of a 3D seismic program on the Farm-out Lands not later than June 1, 2011. http://ih.advfn.com/p.php?pid=nmona&article=47061801
Formcap Corporation or FRMC is an emerging Exploration and Development company in the Oil & Gas sector. Its primary focus is the discovery and development of oil in the Continental United States.
Market Data 
Markets 
AI
