FECOF - FEC Resources Inc.

Other OTC - Other OTC Delayed Price. Currency in USD

FEC Resources Inc.

203, 200 Barclay Parade SW
Calgary, AB T2P 4R5
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 equity interest in, Forum Energy Plc, owns a 70% interest in the Service Contract 72 Reed Bank concession, an offshore license that contains Sampaguita gas field, and other additional oil and gas leshare covering an area of 8,800 square-kilometers located in the West Philippine Sea west of Palawan Island. It also owns a 2.27% interest in the Service Contract 14C1 Galoc, an offshore license covering 163 square kilometers and includes the Galoc oil Field located in offshore northwest Palawan; and a 66.67% interest in the Service Contract 40 North Cebu, an onshore and offshore license, which contains the onshore Libertad gas field and Maya discovery, and other prospects located in the Visayan Basin in the central part of the Philippines archipelago. The company was formerly known as Forum Energy Corporation and changed its name to FEC Resources Inc. in May 2005. FEC Resources Inc. was founded in 1982 and 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.