FEC Provides Update on Directorships
North Sydney, Australia--(Newsfile Corp. - May 17, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has been advised by Mr. Paul Wallace that he has resigned from the board of directors of Forum Energy Limited effective May 31, 2019.On behalf of the Board of,FEC Resources Inc.Paul WallaceDirector For more information please e-mail info@FECResources.com or visit the FEC Resources website at www.FECResources.com.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44
2019-05-17 11:41 AM EDT
FEC Reports Revocation of Cease Trade Orders
North Sydney, Australia--(Newsfile Corp. - January 24, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") is pleased to announce the revocation of the cease trade orders (the "CTOs") issued by the Alberta Securities Commission (the "ASC") on May 5, 2016 and by the British Columbia Securities Commission on May 16, 2016 following the Company's application for a revocation of the CTOs and the ASC having completed a review of FEC's continuous disclosure filings.On behalf of the...
2019-01-24 6:16 PM EST
FEC Files Amended and Restated MD&A for Q3 of 2018
North Sydney, Australia--(Newsfile Corp. - January 18, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has amended and restated and filed Management Discussion and Analysis ("Amended and Restated MD&A") for the third quarter ended September 30, 2018. This Amended and Restated MD&A was filed at the request of the Alberta Securities Commission following their review of FEC's continuous disclosure filings. The nature and substance of the principal changes reflected in the Amended and Restated...
2019-01-18 3:36 PM EST
FEC Provides Map of Various Philippine Oil and Gas Properties
North Sydney, Australia--(Newsfile Corp. - January 4, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") provides the attached map to aid shareholders in gaining an understanding of the relevant geographical location of the various Philippine oil and gas properties in which FEC has an interest in at December 31, 2018 through its 6.8% shareholding in Forum Energy Limited. The map also shows two properties, SC 74 and SC 75, in which FEC's parent company, PXP Energy Corporation...
2019-01-04 3:02 PM EST
Forum Energy Requests Lifting of Force Majeure
North Sydney, Australia--(Newsfile Corp. - December 27, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") wishes to advise shareholders that it has today been made aware that Forum Energy Limited through Forum (GSEC101) Limited has sent a formal letter of request to the Department of Energy in the Philippines to lift the Force Majeure imposed on Service Contract 72 Recto Bank.An extract from the letter provided to the Philippine Stock Exchange reads as follows:"December 21, 2018 PHILIPPINE STOCK EXCHANGE,...
2018-12-27 6:21 PM EST
China-Philippines Memorandum of Understanding
North Sydney, Australia--(Newsfile Corp. - November 28, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") advises shareholders that FEC management has now received a copy of the Memorandum of Understanding on Cooperation on Oil and Gas Development between the Government of the Republic of the Philippines and the Government of the People's Republic of China and dated November 20, 2018 (the "MOU"). The MOU states that the aforesaid governments "…have decided to negotiate on an expedited...
2018-11-28 4:34 PM EST
FEC Resources Comments on Philippines-China Memorandum of Understanding
North Sydney, Australia--(Newsfile Corp. - November 21, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") advises shareholders of reports in the media about a memorandum of understanding (the "MOU") entered into between the Philippines and China related to the joint exploration for energy resources in the West Philippine Sea. Media reports indicate that the MOU was entered into during President Xi Jinping's visit to the Philippines and that the MOU was an "exploration to find a solution" on...
2018-11-21 1:48 PM EST
FEC Reports on Sale of Forum Energy Limited Shares
Calgary, Alberta--(Newsfile Corp. - December 6, 2017) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has agreed to the sale of 1,000,000 Forum Energy Limited. ("Forum") shares to its parent company PXP Energy Corporation ("PXP") in order to obtain necessary working capital. The sale price of the shares is US$0.30. As a result of the sale, FEC's interest in Forum has been reduced from 8.03% to 6.80%.On behalf of the Board of,FEC Resources, Inc.Paul WallaceThis...
2017-12-06 8:40 PM EST
FEC Reports on the Ruling of the Permanent Court of Arbitration in the Hague
Calgary, Alberta--(Newsfile Corp. - July 14, 2016) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC"), would like to draw attention to the recent reports in the media regarding the ruling of the Permanent Court of Arbitration in the Hague with respect to claims of the Peoples Republic of China("China") over resources in the South China Sea. While the ruling is clearly not in support of China's claims, the findings have been rejected by China. It is uncertain whether this ruling...
2016-07-14 2:00 PM EDT
FEC Reports on Sale of Forum Energy Plc Shares
Calgary, Alberta--(Newsfile Corp. - November 16, 2015) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has agreed to the sale of 2,000,000 Forum Energy Plc. ("Forum") shares to its parent company Philex Petroleum Corporation ("Philex") in order to obtain necessary working capital. The sale price of the shares is 21 British pence which is a 5% premium over the last purchase price of Forum shares by Philex.On behalf of the Board of,FEC Resources, Inc.Paul WallaceThis press...
2015-11-16 7:58 PM EST
FEC Resignation of Director
Calgary, Alberta--(Newsfile Corp. - August 17, 2015) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that Mr. Carlo Pablo has resigned from the Board of Directors and as Chairman, President and Chief Executive Officer of FEC effective August 15, 2015 for personal reasons.The Board of Directors would like to express FEC's appreciation for his contribution during his tenure with FEC. The Board of Directors is considering whether to fill the resulting vacancy on the Board, and until the Board...
2015-08-17 12:12 PM EDT
FEC Reports On Forum Energy PLC AGM
Calgary, Alberta--(Newsfile Corp. - June 18, 2015) - FEC RESOURCES INC. (OTCPINK: FECOF) ("FEC") Trading Update 1. Delisting of Forum Energy plc (FEP) from the London Stock Exchange At the annual general meeting of FEP on June 17, 2015, the shareholders passed resolutions which will lead to the delisting of FEP from the London Stock Exchange and the conversion of FEP from a public company to...
2015-06-18 1:15 AM EDT
FEC Resignation of Director
Calgary, Alberta--(Newsfile Corp. - June 15, 2015) - FEC RESOURCES INC. (OTC PINK: FECOF) ("FEC") reports that Mr. Riaz Sumar has resigned from the Board of Directors and as Chief Financial Officer and Corporate Secretary of FEC effective immediately.The Board of Directors would like to express FEC's appreciation for his contribution during his tenure with FEC. The Board of Directors is considering whether to fill the resulting vacancy on the Board, and until the Board reaches a decision, the Board...
2015-06-15 11:58 AM EDT
FEC Reports on FEP Delisting
Calgary, Alberta--(Newsfile Corp. - May 19, 2015) - FEC RESOURCES INC. (OTCPINK: FECOF) ("FEC") wishes to advise shareholders that it has noted the following announcement made by Forum Energy PLC. ("FEP"). " FORUM ENERGY PLCCancellation of admission to trading of Ordinary Shares on AIMOffer by Philex Petroleum Corporation to acquire the minority interests in the Company not held by the Philex Concert PartiesRe-registration of the Company as a private company and amendments to the Company's articles of associationThe Board of...
2015-05-19 7:43 PM EDT
FEC Reports on FEP
Calgary, Alberta--(Newsfile Corp. - April 21, 2015) - FEC RESOURCES INC. (OTC PINK: FECOF) ("FEC") wishes to advise shareholders that it has noted the following announcement made by Forum Energy PLC. ("FEP") on April 17, 2015. "Forum Energy plc("Forum Energy" or the "Company")Share Price Movement, Possible Cancellation of Admission and Possible Offer to MinoritiesThe board of Forum Energy (the "Board") notes the recent movement in the Company's share price.Following the Company's announcement on 2 March 2015 in relation to the...
2015-04-21 12:49 PM EDT
FEC Reports on FEP Force Majeure
Calgary, Alberta--(Newsfile Corp. - March 4, 2015) - FEC RESOURCES INC. (OTCBB: FECOF) ("FEC") wishes to advise shareholders that it has noted the following announcement made by Forum Energy PLC. ("FEP"). " 2 March 2015FORUM ENERGY PLC("Forum Energy" or the "Company")SC72 UPDATEForum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, today confirms that the Philippine Department of Energy ("DOE") has granted a force majeure on Service Contract 72 ("SC72") because...
2015-03-04 5:45 PM EST