• FormCap Corp. (FRMC.PK) to Attain Bonded Operator Status in New Mexico

    FormCap Corp. announced yesterday that it is establishing itself as a Bonded Operator in the State of New Mexico in anticipation of its first proposed well on the Weber City Prospect located in Curry County, New Mexico. The company holds 100% Working Interest in approximately 5,800 gross acres of oil & gas leases in the [...]
  • FormCap Corp. (FRMC.PK) Announces Launch of Comprehensive Exploration Program

    Today after the closing bell, FormCap Corp. announced that its technical team is initiating a comprehensive and systematic strategy to explore for oil and gas at the company’s Weber City Prospect. The six member multi-disciplined technical team, assembled by FormCap’s Calgary based operational partner, will utilize the most advanced technology available to delineate drill targets, [...]
  • FormCap Corp.’s (FRMC.PK) Recent Consulting Agreement to Develop Weber City Prospect

    FormCap Corp. recently announced that it had entered into a consulting and option agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada to develop and execute the drilling and development plan for the company’s Weber City Prospect. The Weber City Prospect consists of approximately 5,800 acres, with room for over 120 well locations, that are [...]
  • FormCap Corp. (FRMC.PK) Announces Operations and Farm-in Agreement with Mr. Mackenzie of Alberta

    Friday after the closing bell, FormCap Corp. was pleased to announce that it has entered into a Consulting and Option Agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada to develop and execute the drilling and development plan for the Weber City Prospect. Consisting of approximately 4,800 acres with room for 100+ well locations, the [...]
  • FormCap Corp. (FRMC.PK) Has a Strong Foothold in the Permian Basin

    FormCap Corp. is a junior exploration and development company in the oil and gas sector. In October 2009, the company announced the acquisition of 4,900 acres of oil and gas leases, all with primary terms of five years, for a cost of only $250,000. The leases, together called the Weber City Prospect, are located in [...]
  • FormCap Corp. (FRMC.PK) Ideally Situated in the Prolific Oil Vicinity of the Permian Basin

    FormCap Corp. is an emerging junior company in the oil and gas sector. The company owns 4,900 acres – the Weber City Prospect – in the Permian Basin, an area well known for its hydrocarbon production. The Permian Basin has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas. It [...]
  • FormCap Corp. (FRMC.PK) – A Well-Positioned Emerging Oil Company

    Oil is becoming not only harder to find but also much more costly to extract. That is why domestic, onshore oil fields like the Permian Basin – where cumulative production is over 35 billion barrels of oil and 100 trillion cubic feet of gas – are so vitally important and attractive to US producers. FormCap [...]
  • FormCap Corp. (FRMC.PK) Poised to Capture Permian Basin Oil Revenue

    FormCap Corp., a budding developer of oil and gas properties within the Continental United States – with a complement of some of the finest exploration people in the business today – is poised to make big returns via its foothold in the Permian Basin. In possession of some 4,900 acres of oil and gas leases [...]
  • FormCap Corp. (FRMC.PK) Led by a Formidable Management Team and Advisors

    FormCap is a domestic, emerging exploration and development company in the oil and gas sector. To date, the company has assembled 4,800 acres of oil and gas mineral leases – the Weber City Prospect – in Curry County, New Mexico. In a successful case, there is the potential to drill up to 100 wells which [...]
  • FormCap Corp. (FRMC.PK) Issues Corporate Update to Investors

    FormCap Corp, an emerging junior in the oil and gas sector, recently acquired strategically positioned acreage located in the Permian Basin. This prolific area has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to more than 20 percent of all domestic oil and gas produced in [...]
  • FormCap Corp. (FRMC.OB) Drilling the Weber City Prospect in the Permian Basin

    FormCap Corp. is an emerging domestic exploration and development company in the Oil and gas sector. To date, the company has assembled 4,800 acres of oil and gas mineral leases – the Weber City Prospect – located in Curry County in eastern New Mexico. Geologically, FormCap’s Weber City Prospect is on the northern flank of the [...]
  • FormCap Corp. (FRMC.PK) Has High Hopes for Prospect in Permian Basin

    FormCap Corp. is a domestic oil and gas exploration and development company. To date, the company has assembled 4,800 acres of oil and gas leases – the Weber City Prospect – located in Curry County, New Mexico. The company’s Weber City Prospect is geologically located on the northern flank of the prolific Permian Basin. The initial [...]
  • FormCap Corp. (FRMC.PK) Chief Geologist Thomas Markham, a Closer Look

    Formcap Corp., a rising star in the world of oil and gas, hired Mr. Thomas Markham as a consulting Senior Geologist in December of 09 largely as what President and CEO of FRMC Graham Douglas called a “critical first step” towards developing the 4,800-acre Weber City Prospect. Mr. Markham earned a Masters in Geology from [...]
  • FormCap Corp. (FRMC.PK) to Establish Operatorship in New Mexico

    In anticipation of drilling and developing the 4,900 acre Weber City Prospect, FormCap Corp. announced today that it is establishing itself as an Operator in the State of New Mexico. This move will provide the company with complete control over operations on wells developed on its prospects. Achieving Operator status will eliminate the need for third [...]
  • Formcap Corp. (FRMC.PK) Adds Thomas Markham as Senior Geologist

    Formcap Corp. was pleased to announce today that it has engaged Mr. Thomas Markham as a consulting Senior Geologist. A professional geologist specializing in the evaluation and development of oil and gas plays in the onshore United States, Tom received his Masters of Geology from LSU in 1976 and then pursued a career working with [...]
  • FormCap Corp.’s (FRMC.PK) Acquisition of Permian Basin Leases

    FormCap Corp. is a domestic oil and gas exploration and development company. The company announced in October the acquisition of 4,800 acres of oil and gas leases, all with primary terms of five years, initiated in June 2009, for a cost of $250,000. The leases, together called the Weber City Prospect, are located in Curry [...]
  • FormCap Corp. (FMRC.PK) is “One to Watch”

    FormCap Corp. is an emerging oil & gas exploration and development company. With a primary focus on the discovery and development of oil in the Continental United States, the company has assembled 4,800 acres of oil and gas mineral leases, together called the Weber City Prospect, located in Curry County, New Mexico. The Weber City [...]