Company: FECOF
Filing Date: 2025-07-15
Form Type: 20-F
Source: 0001477932-25-005053
Chunk: 41

Company: FEC Resources Inc.
Filing Date: 2025-07-15
Form: 20-F
Item: Item 6
Chunk 41
---
ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES.

A. Directors and Senior Management

The following table lists, as of the date of this report, the names, ages, functions and areas of experience in our operations of all our directors and Senior Management. Each Director will serve until the next Annual General Meeting or until his/her successor is duly elected, unless his/her office is vacated in accordance with our charter documents. Our executive officers serve at the pleasure of the Board of Directors.

  Name                        Age      Position/Area of Experience/Function                                                                                       
  Paul Wallace (1)(2)(3)       74      Director since November 2012, President and CEO from August 2015 to October 2020, and CFO from June 2015 to October 2020.  
  Mark Rilles                  41      Chief Financial Officer since October 2020                                                                                 
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Claro Ramirez (1)(3)         64      Director since October 2011                                                                                                
  Daniel Carlos (1)(2)         61      Director, President and CEO since October 2020                                                                             

  (1)      Member of Audit Committee in 2024             
  (2)      Member of Compensation Committee in 2024      
  (3)      Member of the Corporate Governance Committee  

Information About our Directors and Officers

Mr. Daniel Carlos, Director, President, Chief Executive Officer

Mr. Carlos is currently the President and a Director of PXP, the Company’s majority shareholder. He obtained his Bachelor of Science (B. Sc.) degree in Geology from the University of the Philippines (1984) and holds a Master of Science (M. Sc.) degree in Petroleum Geosciences from the Norwegian University of Science and Technology or NTNU in 2002. He also has a Diploma in Petroleum Exploration and Reservoir Evaluation from the University of Trondheim, now NTNU, in 1988. In February 2007, he joined Forum Energy Philippines Corporation as Vice President for Exploration and was appointed President since July 2013 to present. He was appointed President of PXP Energy Corporation in August 2015. He is also the Resident Agent in the Philippines of Forum (GSEC 101) Limited, which operates Service Contract (SC) 72 or Recto Bank. He is also the President of Forum Energy Philippines Corporation, a subsidiary with non-operated