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FEC Resources Inc (PK) (FECOF)
FEC Resources Inc (PK) (FECOF) News

FEC Resources Inc (PK) (FECOF)

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Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

Form 6-K/A - Report of foreign issuer [Rules 13a-16 and 15d-16]: [Amend]

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT...

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K ...

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K ...

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT...

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER...

Amended Annual and Transition Report (foreign Private Issuer) (20-f/a)

0000849997true--12-31FY202100008499972021-01-012021-12-3100008499972021-12-310000849997dei:BusinessContactMember2021-01-012021-12-31iso4217:USDxbrl...

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Newyorksfinest1

Newyorksfinest1 6 months ago

https://malaya.com.ph/news_business/pxp-energy-to-pursue-shares-swap-worth-p1-56b/?amp

Take aways:

-Increased Control by PXP Energy: PXP Energy will almost fully control Forum Energy Limited with a 97.88% stake, which could lead to more decisive and streamlined decision-making processes within Forum Energy.
-Potential for Enhanced Operations: With a larger stake in SC 72, PXP Energy might be better positioned to invest in and develop this asset, possibly leading to improved operational outcomes for Forum Energy.
-Ownership Changes: Existing minority shareholders of Forum Energy Limited will see a significant shift in the ownership structure, potentially reducing their influence.

-Future Strategic Directions: The increased stake by PXP Energy and the proposed changes to the board could signal strategic shifts or new initiatives aimed at maximizing the value of Forum Energy's assets.

goforthebet

goforthebet 2 years ago

gm free

I have no pm possibility anymore. and I sold FECOF a longtime ago on one ofthe runs. Pls. send your pm to irishintelligence, I guess he is still involved. I am not. I dod not even know if this list is still actual as this was in 2018.

good luck, go

Newyorksfinest1

Newyorksfinest1 2 years ago

Amen, all things are possible, the people must stand strong for territorial rights. We will see in the future; faith is strong.

freesilver

freesilver 2 years ago

Selfish insiders plus Chinese oppression leaves a little hope for us. Nonetheless, all things are possible with God —so I keep praying about it—the Philippines needs it’s a oil and gas. These discoveries are in Filipino national territory. Pray that God will remove the oppression of the Chinese, and that the Philippines will be allowed to use their own natural resources. Then, perhaps, we, too, will prosper.

Newyorksfinest1

Newyorksfinest1 2 years ago

Hi all, this is my first time posting on this board. I've been holding for a little over a year and still believe this could be big in a few years. Is there still hope here? Thoughts?

BurndB4

BurndB4 2 years ago

To me, the question is not will they eventually drill, it's how long can FECOF hold out financially.

Traderfan

Traderfan 2 years ago

This is far from done.

https://ca.finance.yahoo.com/news/philippines-marcos-open-military-exchanges-094143236.html

https://powerphilippines.com/pxp-energy-hopeful-to-continue-explorations-in-west-philippine-sea/

Traderfan

Traderfan 2 years ago

NEWS out now

https://www.newsfilecorp.com/release/130523

Traderfan

Traderfan 2 years ago

Just wondering, why do you view this situation so negative? I guess you have more insight to this than I do but from what I read the company is hopeful to restart the work soon and the new incoming administration already said they wanna work with China on the dispute and to explore this stuff together. What am I missing here? PXP stock price has been relatively strong lately as well based on these rumors or not?

BurndB4

BurndB4 2 years ago

I believe the nail in the coffin, so to speak, is that the moderator has left the building....

ItsmorefuminPH

ItsmorefuminPH 2 years ago

Yes dead as a dodo

https://www.philstar.com/business/2022/06/27/2191095/energy-exploration-dims-further-west-philippine-sea

hosedraggers

hosedraggers 2 years ago

Hi Everyone, So tell me................Is this company dead or alive? What chances of a pulse? Thanks in Advance.......Hosedraggers

ItsmorefuminPH

ItsmorefuminPH 3 years ago

At 31 March they had cash of $78000 so it looks like these blokes are going to run out of money again and soon so another dilution coming ?

BurndB4

BurndB4 3 years ago

So it was a personal perspective.
As you are aware, many people on this board have been holding for 15+ years. You are not scaring or persuading anyone.
Thanks

Nagasdog

Nagasdog 3 years ago

From the last 5 year personal experience .

BurndB4

BurndB4 3 years ago

And you know this based on.............

Nagasdog

Nagasdog 3 years ago

Buy buy buy you will sell at 0001..............

BurndB4

BurndB4 3 years ago

Unofficial Election Results

https://ph.rappler.com/

BurndB4

BurndB4 3 years ago

https://www.manilatimes.net/2022/04/07/news/national/marcos-sees-ph-as-producer-of-wind-power/1839150

BurndB4

BurndB4 3 years ago

These articles show some of the turmoil in the current Philippines election process.

https://www.manilatimes.net/2022/04/10/opinion/editorial/painfully-high-fuel-prices-may-hasten-green-pivot/1839527

BurndB4

BurndB4 3 years ago

https://www.manilatimes.net/2022/02/20/opinion/columns/maybe-the-lawyers-should-go-drill-for-gas/1833589

irishintelligence

irishintelligence 3 years ago

Well said good Sir

Traderfan

Traderfan 3 years ago

I'm actually surprised that PXP has held up so well since this news. I thought it would take a much bigger dive.

Maple tree

Maple tree 3 years ago

That is good. Hope the company to get clearance asap. Will add more and hold for a few years.

Dcab

Dcab 3 years ago

PXP trades on the Philippine Stock exchange and has given back all of its gains.

https://www.pse.com.ph/company-information-PXP/

In a letter dated April 6 signed by Energy Usec. Donato Marcos, which PXP Energy attached in its disclosure, the DOE said the SJPCC took into consideration the “political, economic, and national security implications of any activity in the West Philippine Sea” in deciding that exploration firms should secure clearance first before proceeding.

Dcab

Dcab 3 years ago

The Philippines is a very poor country that is lead by a banana republic govt full of corruption, my cousin lived there for a while and couldn't wait to get out. I remember sending only $100 each month and that was enough to live on. This deal is worth 100's of millions of dollars and I would assume some one is not satisfied with the deal. It all comes down to money and payoffs, JMHO

BurndB4

BurndB4 3 years ago

Yes it appear while I was not paying attention, the Philippines got woke and swallowed the Green Cool aid.
It looks like the former dictators son is going to be elected, at this time. He is pushing wind instead of oil or gas to "fix" the country.
This is the third time in many years I have gotten burned by this stock. I am out, out. Good luck to all.

Lottalead

Lottalead 3 years ago

Political pressure and the threat of force is the cause.
Communist Party of China ????? Zhongguó Gòngchandang
Get on your knees or on your feet.
A lot of that goin’ around these days ..
Jmo

Lottalead

Lottalead 3 years ago

I’ll take a stab at it….
It sucks.

Lottalead

Lottalead 3 years ago

When there are billions of dollars at stake, with multiple greedy billionaire mfers all vying for control of the same asset, the game goes on..

gaptrader85

gaptrader85 3 years ago

Sure did, and am curious as to there efforts to fix this dilemma
Do you happen to know why this happened what caused this

BurndB4

BurndB4 3 years ago

Whats you take on this?

BurndB4

BurndB4 3 years ago

Cant find any other news on this, but suspect that this may have something to do with it:

https://www.manilatimes.net/2022/04/07/news/national/marcos-sees-ph-as-producer-of-wind-power/1839150

Dcab

Dcab 3 years ago

Did you read the news?
FEC Resources reports on SC 72 Force Majeure Declaration.

gaptrader85

gaptrader85 3 years ago

What do you mean ?

Dcab

Dcab 3 years ago

It looks like it. All corruption.

ItsmorefuminPH

ItsmorefuminPH 3 years ago

GAME OVER ?
See local media report on PXP
https://www.bworldonline.com/corporate/2022/04/12/441853/pxp-energy-suspends-exploration-on-doe-directive/

Dcab

Dcab 3 years ago

Has anyone read the news this morning on TD?

gaptrader85

gaptrader85 3 years ago

I was wrong my bad

BurndB4

BurndB4 3 years ago

Not sure how this is related to FEC Resources?
Eagle trades under FECRX I believe.

gaptrader85

gaptrader85 3 years ago

https://twitter.com/insideralerts4u/status/1511453729752592388?s=21&t=xGUo-3CWtmyWDIT5x2SzDg

irishintelligence

irishintelligence 3 years ago

---------- Forwarded message ---------
From:
Date: Mon, Apr 4, 2022 at 11:46 AM
Subject: Forum Energy: Increasing Your Stake
To: Dennis A. Uy <dennis.uy@udenna.ph>, <info@atokbigwedge.com>, <investorrelations@apexmining.com>, <mdbaltazar@apexmining.com>
Cc: <admin@pxpenergy.com.ph>, <bcm@migalloslunalaw.com>, <dpcarlos@pxpenergy.com.ph>, Riaz Sumar <riazs@telusplanet.net>, CCPR <cccpramirez@gmail.com>, <philex@philexmining.com.ph>, <pmnavarro@philexmining.com.ph>, Paul Wallace <pfwallace@msn.com>

Dennis, Roberto, Jose:

FEC Resources (https://fecresources.com/) owns 6.8% of Forum Energy.
The FEC Resources (ticker: FECOF) market cap is $6.5 Million.
FECOF is publicly traded and shares can be purchased with relative ease.

Roberto, according to your Atok Big Wedge public filings, you value Forum Energy @ $2.5 Billion. And Dennis, according to your Udenna Corporation public filings, you value Forum Energy @ $500 Million.

Roberto and Dennis, using an average of your valuations, FECOF should be trading at about $0.10/share and not its current price of $0.02/share. Atok Big Wedge, Udenna Corporation, and Apex Mining could increase its stake in Forum Energy by purchasing shares of FECOF on the open market.

Many thanks.

irishintelligence

irishintelligence 3 years ago

I think a deal gets done before the election - it is too important - energy security. But I could be wrong.

irishintelligence

irishintelligence 3 years ago

100% and it makes sense that it gets done before the Presidential election.

ItsmorefuminPH

ItsmorefuminPH 3 years ago

The other thing is that the wheels of government get very sticky for the next 5 months until new ministers appointed so generally officials think it best to avoid big decision during this period such as granting the extension for SC 72. Friends of new president may have their eye on the project .
We should keep a watch out for PXP 2021 results ( not sure when that will be )

SavhDawg

SavhDawg 3 years ago

Good summary of Philipine elections
and China friendly candidates.

The Philippines' pivot toward China could change when Duterte steps down https://www.cnbc.com/2022/03/24/philippine-presidential-election-dutertes-china-pivot-could-change.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Mr. J

Mr. J 3 years ago

I’m not sure what the humor was in my question? Asking because I’m unsure.

Lottalead

Lottalead 3 years ago

Mr. J

Mr. J 3 years ago

So what's the deal here? Is there potential for a buyout? Have they started drilling the two wells? Any idea when we could potentially hear an update?

Traderfan

Traderfan 3 years ago

If we get a deal this thing here could explode.

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