Forum Exploration Company News

Forum Energy has entered into an agreement with Energy Services Group (ESG) Dubai, for the ongoing management and oversight of the Company's exploration and development efforts.

Forum Exploration is preparing to conduct production tests of its three wells in Maya, Daanbantayan, Cebu located in the Philippines within the first quarter of 2004.

Forum Exploration spudded the FORUM-3X well earlier this week in Northern Cebu.

Forum Energy has made an onshore gas discovery in the company's Service Contract 40 block in the Philippines in northern Cebu.

Forum has commenced the open hole testing program at exploration well Forum-2X at Maya, Cebu, Philippines.

Forum Exploration has begun drilling of Forum 2-X, a step out well from Forum 1-X well in Cebu, Philippines.

Last week Forum Exploration finalized the contract for the Manila Bay - West Central Luzon Block with the Philippine Government.

Forum Exploration Inc. has signed an agreement with Basic Consolidated to share Philippine exploration data.

Forum Exploration Inc. has completed the deepening of Forum 1-X/1-XA well and has decided to drill a second well, Forum 2-X.

Forum Exploration has started drilling three exploratory wells under Service Contract No. 40 covering North Cebu.