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 Weber City Prospect is strategically positioned in the Permian Basin, a prolific area that has produced more than 35 billion barrels of oil and 100 trillion cubic feet of gas. Mr. Mackenzie has over three decades experience in the domestic and international energy industry with…