FEC Resources Inc. Announces Annual Filings under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities

News provided by

Apr 29, 2011, 04:35 ET

CALGARY, Alberta, April 29, 2011 /PRNewswire/ -- FEC RESOURCES INC. (OTCBB: FECOF), (Frankfurt/Munich: FE8) ("FEC") wishes to advise that it has filed its Form 51-101F1 – Statement of Reserves Data and Other Information, Form 51-101F2 – Report of Independent Qualified Reserves Evaluator and Form 51-101F3 – Report of Management and Directors for Oil and Gas Activities under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The filings can be accessed electronically from the SEDAR system at www.sedar.com.

FEC Resources Inc. holds a diverse portfolio of oil, gas, and gold assets located in the Philippines through its shareholdings in Forum Energy Plc and Lascogon Mining Corporation.

On behalf of the Board of,

FEC Resources, Inc.

Carlo Pablo

Chairman

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any natural resources that may be located, variations in the market price of any natural resource products the Company may produce or plan to produce, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to produce natural resources from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's Annual Report on Form 20-F for the year ended December 31, 2009 and its most recent quarterly reports filed with the United States Securities Exchange Commission (the "SEC"), and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials.

For more information please contact (403) 290-1676 e-mail [email protected] or visit the FEC Resources website at www.FECResources.com

SOURCE FEC Resources Inc.