Latest Formcap Cp Cmn (FRMC) Headlines
FormCap Enters Into $672,000 Equity Transaction with Institutional Investor Ironridge
PR Newswire - Wed Feb 26, 5:00AM CST
"Proceeds Provided Complete Acquisition of 2400 Acres and Drill Two Wells"
FormCap Makes Oil Lease Payment to Acquire Cowley County Kansas Prospect
Business Wire - Thu Feb 06, 8:00AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB: FRMC) announced today that it has made a payment in the amount of US$75,000.00 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 a cost not to exceed a total of four hundred and eighty thousand dollars ($480,000) (the "Purchase Price") unless agreed otherwise by the Company.
FormCap Comments on Recent Share Price Volatility
GlobeNewswire - Tue Jan 07, 4:40PM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 "DTCC".
FormCap Identifies Drilling Locations in Cowley County Kansas Prospect
GlobeNewswire - Wed Dec 04, 5:35AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 proposed lease purchase program in Cowley County, Kansas by an additional 900 acres for a total of up to 2,400 acres of prospective oil and gas exploration Leases.
FormCap Continues Due Diligence on Cowley County, Kansas Prospect
GlobeNewswire - Mon Nov 18, 5:35AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 purchase price of the Cowley Leases to be acquired by FormCap under the Agreement. The Company also issued Kerr and Keta a total of 200,000 Rule 144 shares of FormCap pursuant to the terms of the Agreement.
FormCap Announces Advisory Board Member and Operator
GlobeNewswire - Tue Oct 22, 7:35AM CDT
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) today announced that Mr. Norman Mackenzie has joined the Advisory Board and will oversee operations on behalf of the Company, mainly the acquisition and drilling targets.
FormCap Completes Geotechnical Report: Cowley County, Kansas
GlobeNewswire - Wed Oct 16, 5:05AM CDT
FormCap Corp. ("FormCap") (OTCQB:FRMC) today announced that a Geotechnical Report (the Geotechnical Report) with respect to the acquisition of up to 1500 acres of petroleum and natural gas lands has been completed. The lands are located in Sections 4 and 5 Township 30 Range 6; and in the S1/2 of Section 13 in Township 31S Range 6. The Geotechnical Report provided an evaluation for potential early oil exploration on the Lands, focused on the Mississippian Formation. The summary of the Geotechnical Report including method; discussion; and conclusion is provided below in its entirety.
FormCap Announces Technical Study: Cowley County Kansas
GlobeNewswire - Wed Oct 09, 1:56PM CDT
FormCap Corp. ("FormCap") (OTCQB:FRMC) today announced that a technical study (the Technical Study) with respect to the acquisition of 1500 aces of oil leases in Cowley County Kansas (the Lands) is underway. The lands are located in Sections 4 and 5 Township 30 Range 6; and in the S1/2 of Section 13 in Township 31S Range 6. The study will evaluate the potential for early oil exploration on the Lands, focused on the Mississippian Formation.
FormCap Executes Definitive Agreement
GlobeNewswire - Wed Oct 09, 1:51PM CDT
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) announces that the Company executed a Definitive Agreement (the Agreement) with: Kerr Energy Group and Keta Oil & Gas LLC (Kerr and Keta) both incorporated in Wichita, Kansas.
FormCap Enters Letter of Intent to Acquire Leases in Kansas
Business Wire - Tue Aug 06, 8:30AM CDT
FormCap Corp. ("FormCap") (OTCQB: FRMC) announces a Letter of Intent ("LOI") to acquire up to 1,500 acres of oil leases in Cowley County, Kansas. This LOI sets out FormCap's intention to complete a transaction (the "Transaction") between FormCap, Kerr Energy Group ("Kerr") and Keta Oil and Gas, LLC ("Keta"). The terms of the LOI are conditional upon the completion of a Definitive Agreement (the "Definitive Agreement") between FormCap, Kerr and Keta and, the approval of the Board of Directors of each company.
FormCap Enters Letter of Intent to Acquire Leases in Kansas (Cowley County, Kansas - Mississippian Exploration and Development Prospect)
Filing Services Canada - Tue Aug 06, 8:30AM CDT
FORMCAP Corp. (FRMC - OTCQB),announces a Letter of Intent ("LOI") to acquire up to 1,500 acres of oil leases in Cowley County, Kansas. This LOI sets out FormCap's intention to complete a transaction (the "Transaction") between FormCap, Kerr Energy Group ("Kerr") and Keta Oil and Gas, LLC ("Keta"). The terms of the LOI are conditional upon the completion of a Definitive Agreement (the "Definitive Agreement") between FormCap, Kerr and Keta and, the approval of the Board of Directors of each company.
FormCap Enters Into $672,000 Equity Transaction with Institutional Investor Ironridge
PR Newswire - Wed Feb 26, 5:00AM CST
"Proceeds Provided Complete Acquisition of 2400 Acres and Drill Two Wells"
FormCap Makes Oil Lease Payment to Acquire Cowley County Kansas Prospect
Business Wire - Thu Feb 06, 8:00AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB: FRMC) announced today that it has made a payment in the amount of US$75,000.00 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 a cost not to exceed a total of four hundred and eighty thousand dollars ($480,000) (the "Purchase Price") unless agreed otherwise by the Company.
FormCap Comments on Recent Share Price Volatility
GlobeNewswire - Tue Jan 07, 4:40PM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 "DTCC".
FormCap Identifies Drilling Locations in Cowley County Kansas Prospect
GlobeNewswire - Wed Dec 04, 5:35AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 proposed lease purchase program in Cowley County, Kansas by an additional 900 acres for a total of up to 2,400 acres of prospective oil and gas exploration Leases.
FormCap Continues Due Diligence on Cowley County, Kansas Prospect
GlobeNewswire - Mon Nov 18, 5:35AM CST
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) 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 purchase price of the Cowley Leases to be acquired by FormCap under the Agreement. The Company also issued Kerr and Keta a total of 200,000 Rule 144 shares of FormCap pursuant to the terms of the Agreement.
FormCap Announces Advisory Board Member and Operator
GlobeNewswire - Tue Oct 22, 7:35AM CDT
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) today announced that Mr. Norman Mackenzie has joined the Advisory Board and will oversee operations on behalf of the Company, mainly the acquisition and drilling targets.
FormCap Completes Geotechnical Report: Cowley County, Kansas
GlobeNewswire - Wed Oct 16, 5:05AM CDT
FormCap Corp. ("FormCap") (OTCQB:FRMC) today announced that a Geotechnical Report (the Geotechnical Report) with respect to the acquisition of up to 1500 acres of petroleum and natural gas lands has been completed. The lands are located in Sections 4 and 5 Township 30 Range 6; and in the S1/2 of Section 13 in Township 31S Range 6. The Geotechnical Report provided an evaluation for potential early oil exploration on the Lands, focused on the Mississippian Formation. The summary of the Geotechnical Report including method; discussion; and conclusion is provided below in its entirety.
FormCap Announces Technical Study: Cowley County Kansas
GlobeNewswire - Wed Oct 09, 1:56PM CDT
FormCap Corp. ("FormCap") (OTCQB:FRMC) today announced that a technical study (the Technical Study) with respect to the acquisition of 1500 aces of oil leases in Cowley County Kansas (the Lands) is underway. The lands are located in Sections 4 and 5 Township 30 Range 6; and in the S1/2 of Section 13 in Township 31S Range 6. The study will evaluate the potential for early oil exploration on the Lands, focused on the Mississippian Formation.
FormCap Executes Definitive Agreement
GlobeNewswire - Wed Oct 09, 1:51PM CDT
FormCap Corp. ("FormCap" or "the Company") (OTCQB:FRMC) announces that the Company executed a Definitive Agreement (the Agreement) with: Kerr Energy Group and Keta Oil & Gas LLC (Kerr and Keta) both incorporated in Wichita, Kansas.
FormCap Enters Letter of Intent to Acquire Leases in Kansas
Business Wire - Tue Aug 06, 8:30AM CDT
FormCap Corp. ("FormCap") (OTCQB: FRMC) announces a Letter of Intent ("LOI") to acquire up to 1,500 acres of oil leases in Cowley County, Kansas. This LOI sets out FormCap's intention to complete a transaction (the "Transaction") between FormCap, Kerr Energy Group ("Kerr") and Keta Oil and Gas, LLC ("Keta"). The terms of the LOI are conditional upon the completion of a Definitive Agreement (the "Definitive Agreement") between FormCap, Kerr and Keta and, the approval of the Board of Directors of each company.
FormCap Enters Letter of Intent to Acquire Leases in Kansas (Cowley County, Kansas - Mississippian Exploration and Development Prospect)
Filing Services Canada - Tue Aug 06, 8:30AM CDT
FORMCAP Corp. (FRMC - OTCQB),announces a Letter of Intent ("LOI") to acquire up to 1,500 acres of oil leases in Cowley County, Kansas. This LOI sets out FormCap's intention to complete a transaction (the "Transaction") between FormCap, Kerr Energy Group ("Kerr") and Keta Oil and Gas, LLC ("Keta"). The terms of the LOI are conditional upon the completion of a Definitive Agreement (the "Definitive Agreement") between FormCap, Kerr and Keta and, the approval of the Board of Directors of each company.
