FormCap Announces Oil Lease Assignments Completed
Reno, Nevada--(Newsfile Corp. - April 23, 2014) - FormCap Corp. ("FormCap" or "the Company") (OTCQB: FRMC) announced today that the assignment of approximately 2400 acres of prospective oil and gas leases in five separate areas in Cowley County, Kansas has been completed. Each of the assigned leases are in areas that are in close proximity to oil fields that are currently in production. The first location Formcap intends to drill on or before the spud date of June 15, 2014 is a direct offset...
2014-04-23 6:00 AM EDT
FormCap Comments on Recent Share Price Volatility
Reno, Nevada--(Newsfile Corp. - January 7, 2014) - FormCap Corp. (OTCQB: FRMC) ("FormCap" or "the Company") announced today that the company is not aware of what has prompted its trading volatility but is investigating the matter together with its transfer agent. In addition, it has been brought to the Company's attention that many shareholders are requesting delivery of their share certificates in order to reduce the amount of shares held in the Depository Trust & Clearing Corporation...
2014-01-07 5:33 PM EST
FormCap Makes Oil Lease Payment to Acquire Cowley County Kansas Prospect
Reno, Nevada--(Newsfile Corp. - December 18, 2013) - FormCap Corp. (OTCQB: FRMC) ("FormCap" or "the Company") today announced that it has made a payment in the amount of US$50,000.00 to Keta Oil & Gas and Kerr Energy pursuant to the purchase of oil and gas exploration and development leases in Cowley County Kansas. FormCap will pay Kerr and Keta two hundred dollars ($200.00) per acre for up to 2400 acres of Leases, at total cost not to exceed a total of four hundred and eighty thousand...
2013-12-18 5:01 PM EST
FormCap Identifies Drilling Locations in Cowley County Kansas Prospect
Reno, Nevada--(Newsfile Corp. - December 4, 2013) - FormCap Corp. (OTCQB: FRMC) ("FormCap" or "the Company") today announced that geological and geophysical (G&G) due diligence on the acquisition of 1500 acres of prospective oil leases (the "Leases") in Cowley County, Kansas is completed. The G&G work has identified four exploration drilling locations on the Leases. FormCap expects that drilling will commence on the Leases in Q-1 2014. Furthermore FormCap has expanded the scope of its...
2013-12-04 6:30 AM EST
FormCap Continues Due Diligence on Cowley County, Kansas Prospect
Reno, Nevada--(Newsfile Corp. - November 18, 2013) - FormCap Corp. (OTCQB: FRMC) ("FormCap" or "the Company") today announced that due diligence is ongoing to acquire up to 1500 acres of prospective oil leases (the "Leases") in Cowley County, Kansas. As per terms of the Definitive Agreement (the "Agreement") executed Sept 30, 2013 the Company has now paid Kerr Energy and Keta Oil & Gas ("Kerr" and "Keta") the deposit in the amount of $75,000 (the "Deposit") that will be applied to the...
2013-11-18 6:30 AM EST