SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Gold/Mining/Energy
FEC Resources Undervalued, Gas, Gold, Coal, Play
An SI Board Since June 2007
Posts SubjectMarks Bans Symbol
7 1 0 FECOF
Emcee:  Tadsamillionaire Type:  Unmoderated
FEC Resources, Inc. (Formerly Forum Energy Corporation) is an independent company listed on the NASD OTC Bulletin Board (FECOF) and the Frankfurt and Munich Stock Exchanges (FE8)

FECR currently owns 32.04% of Forum Energy Plc (“FEP”) a UK company incorporated in April 2005 through the consolidation of the Philippine assets of Forum Energy Corporation and Sterling Energy Plc (“SEY”) of the UK. FEP has recently closed a US$6.2m pre-IPO financing and a US$19.35m IPO financing and is listed on the AIM market of the London stock exchange.

The estimate for potential unrisked reserves within the collective licenses held by FEP totals some 900 mmbbls of oil and 5,500 BCF of gas. On a risked basis the potential reserves from the three discoveries are estimated to be 2,330 BCF of gas and the estimated risked reserves from prospects within the licenses sum to 93 mmbbls or 320 BCF in a gas case. Proven and probable coal reserves are 4.9 million tons.
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):