Replies to post #5193 on FEC Resources Inc. (FECOF)

[styl]

of course......... but the year is just starting........they give themselves 12 full months with general statements like that.......this article was from a reporter though.

also to drill an exploratory well is very different from becoming a malampaya type project......i'd like for them to anounce who and when the exploratory well will take place but even if they ever do get to that, they might not anounce that until after its done........such is the news treatment if any that we get from fecof and fep.

[kentcrek]

If they are indeed biding on new sc's They need to know total money flow for that and have a pipeline to turn it into cash flow. They already have 4 wells capped and waiting for a pipeline I think that and the bidding may take priority.