Forum Energy plc (“Forum”) is a UK based oil, gas and coal E&P company with a portfolio of projects in the Philippines.
Forum Energy Plc is a company registered in England and Wales with company number 5411224 and its main country of operation is Philippines.
Forum Energy Plc (“Forum”) was established in April 2005 through the consolidation of the Philippine Oil, Gas and Coal assets of FEC Resources, Inc. of Canada and Sterling Energy Plc of the UK into one corporate entity. In the first half of 2005 Forum completed a £14.4m financing through pre-IPO and IPO fundraisings ahead of admission to the AIM market where the company’s shares are traded under the symbol “FEP”.
PGS has produced an Oil & Gas Competent Person's Report covering GSEC 101 (Reed Bank) and SC 40 (Cebu). On a risked basis, estimated potential reserves from the three discoveries total some 2,330 BCF of gas and estimated risked reserves from prospects within the licences total some 93 mmbbls or 320 BCF in a gas case.
CSA Group has produced a Coal Competent Person's Report covering the South and Central Cebu COCs held by FEI in which the Company has an effective interest of 66.7 % Proven and probable coal reserves for all tenements are estimated to be 1.4 million metric tonnes and 3.5 million metric tonnes respectively. The figures below summarise the gross reserves of the COCs.