{"url_path":"/sec/fecof/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/849997/0001477932-26-003204-index.html","accession_number":"0001477932-26-003204","cik":"0000849997","ticker":"FECOF","issuer_name":"FEC Resources Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/849997/0001477932-26-003204-index.html","primary_entity_key":"0000849997","primary_entity_name":"FEC Resources Inc."},"word_count":605,"has_tables":true,"body_markdown":"fecof_20f.htm\n0000849997false--12-31FY2025false008610823711762062500008499972025-01-012025-12-310000849997fecof:PXPLoanMember2025-12-310000849997fecof:PXPEnergyCorporationMember2025-12-310000849997fecof:ForumEnergyLimitedMember2022-03-012022-03-100000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2025-07-012025-07-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2025-07-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2025-12-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2024-12-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2023-01-012023-12-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2025-01-012025-12-310000849997ifrs-full:KeyManagementPersonnelOfEntityOrParentMember2024-01-012024-12-310000849997fecof:CommonSharesMember2025-01-012025-12-310000849997fecof:CommonSharesMember2023-12-310000849997fecof:CommonSharesMember2024-12-310000849997fecof:CommonSharesMember2025-12-310000849997fecof:ForumEnergyLimitedMember2024-05-130000849997fecof:ForumEnergyLimitedMember2025-12-310000849997ifrs-full:RetainedEarningsMember2025-12-310000849997ifrs-full:AccumulatedOtherComprehensiveIncomeMember2025-12-310000849997fecof:ContributedSurplusMember2025-12-310000849997fecof:ShareCapitalMember2025-12-310000849997ifrs-full:RetainedEarningsMember2025-01-012025-12-310000849997ifrs-full:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-12-310000849997fecof:ContributedSurplusMember2025-01-012025-12-310000849997fecof:ShareCapitalMember2025-01-012025-12-310000849997ifrs-full:RetainedEarningsMember2024-12-310000849997ifrs-full:AccumulatedOtherComprehensiveIncomeMember2024-12-310000849997fecof:ContributedSurplusMember2024-12-310000849997fecof:ShareCapitalMember2024-12-310000849997ifrs-full:RetainedEarningsMember2024-01-012024-12-310000849997ifrs-full:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-12-310000849997fecof:ContributedSurplusMember2024-01-012024-12-310000849997fecof:ShareCapitalMember2024-01-012024-12-3100008499972023-12-310000849997ifrs-full:RetainedEarningsMember2023-12-310000849997fecof:ContributedSurplusMember2023-12-310000849997fecof:ShareCapitalMember2023-12-310000849997ifrs-full:RetainedEarningsMember2023-01-012023-12-310000849997fecof:ContributedSurplusMember2023-01-012023-12-310000849997fecof:ShareCapitalMember2023-01-012023-12-3100008499972022-12-310000849997ifrs-full:RetainedEarningsMember2022-12-310000849997fecof:ContributedSurplusMember2022-12-310000849997fecof:ShareCapitalMember2022-12-3100008499972024-01-012024-12-3100008499972023-01-012023-12-3100008499972024-12-3100008499972025-12-310000849997dei:BusinessContactMember2025-01-012025-12-31iso4217:USDxbrli:sharesiso4217:USDxbrli:sharesxbrli:pure\n\n \n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 20-F**\n\n \n\n☐\n\nREGISTRATION STATEMENT PURSUANT TO SECTION 12 (b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nOR\n\n \n\n☒\n\nANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor Fiscal Year ended **December 31, 2025**\n\n \n\nOR\n\n \n\n☐\n\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nOR\n\n \n\n☐\n\nSHELL COMPANY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\n \n\n \n\nDate of event requiring this shell company report________________________\n\n \n\n \n\n \n\nFor the transition period from ________________to____________________\n\n \n\nCommission file number **0-17729**\n\n \n\n**FEC RESOURCES INC.**\n\n(Exact name of Registrant as specified in its charter)\n\n \n\n**Not Applicable**\n\n(Translation of Registrant’s Name into English)\n\n \n\n**Canada**\n\n(Jurisdiction of incorporation or organization)\n\n \n\n**Suite 2300, Bentall 5, 550 Burrard Street, Vancouver, BC, V6C 2B5**\n\n(Address of principal executive offices)\n\n \n\nPaul Wallace, +61447296715, **Suite 2300, Bentall 5, 550 Burrard Street, Vancouver, BC, V6C 2B5**\n\n(Name, Telephone, E-mail, and/or Facsimile number and Address of Company Contact Person)\n\n \n\nSecurities registered or to be registered pursuant to Section 12 (b) of the Act: None\n\n \n\nSecurities registered or to be registered pursuant to Section 12 (g) of the Act:\n\nCommon Stock, without par value\n\n(Title of Class)\n\n \n\nSecurities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None\n\n \n\nIndicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:  992,646,096 Common Stock.    \n\n \n\nIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405, of the Securities Act. Yes ☐    No ☒\n\n \n\nIf this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.Yes ☐    No ☒\n\n \n\nNote – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 from their obligations under those Sections.\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.Yes ☒    No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒    No ☐\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, and accelerated filer, or a non-accelerated filer.  See definition of “large accelerated filer,”  “accelerated filer” and “emerging growth company”  in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n\n☐\n\nAccelerated filer\n\n☐\n\nNon-accelerated filer\n\n☒\n\nEmerging growth company\n\n☐\n\n \n\nIndicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:\n\n \n\nU.S. GAAP\n\n☐\n\nInternational Financial Reporting Standards as issued by the International Accounting  Standards Board\n\n☒\n\nOther\n\n☐\n\n \n\nIf “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow:"}