FECOF - FEC Resources Inc.

Other OTC - Other OTC Delayed Price. Currency in USD

FEC Resources Inc.

1500, 222 3rd Avenue SW
Calgary, AB T2P 0B4
Canada
403-290-1676
http://www.fecresources.com

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Paul Frederick WallaceChairman, Pres, CEO & CFO12kN/A1951
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

FEC Resources Inc. engages in the exploration and development of oil and gas, and other mineral related opportunities in the Philippines. The company, through its interest in, Forum Energy Plc, owns a 70% interest in the Service Contract 72, an offshore license located in the West Philippine Sea west of Palawan Island. It also owns 8.46%, 12.40%, and 19.46% interests in the Service Contract 14 Block A Nido, Block B Matinloc, and Block B1 North Matinloc located in the offshore northwest Palawan; and a 66.67% interest in the Service Contract 40 North Cebu covering a total area of 4,580 square kilometers located in the Central Tañon Strait and Visayan Sea. The company is headquartered in Calgary, Canada. FEC Resources Inc. is a subsidiary of PXP Energy Corporation.

Corporate Governance

FEC Resources Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.