EXPLORATION & PRODUCTION

FPCC USA was set up as a subsidiary of FPCC in 2006 in order to develop the oil and gas exploration business in the United State of America. In the past several years, by collaborating with local oil and gas exploration companies, FPCC has not only established its abilities and techniques of exploring hydrocarbon resources, but also successfully acquired significant amount of oil and gas reserves in the US.

Since natural gas price has been retaining low in recent years, FPCC keeps its exploration focus on developing oil and gas condensate fields mainly in Texas and Louisiana States, which successfully bring in several profitable oil and gas wells.

FPCC continuously evaluates new investment projects around the world. Besides the oil and gas field in the United State, FPCC also evaluates both conventional and unconventional oil and gas E&P opportunities in Canada and Australia in order to boost up its oil and gas reserves.