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FairWest Energy, formerly Fairstar Explorations, is currently being steered by the fair winds of oil and gas exploration. FairWest Energy Corporation was exploring for precious metals at the Fenelon Property (38%-owned) located in northwestern Quebec, but the company disposed of those operations in 2005. (The company sold its West African mining assets in 2004.) In 2005 FairWest Energy Corporation bought Western Energy's oil and gas exploration business (located in Alberta and Saskatchewan), becoming a new entity called FairWest Energy. In 2007 and 2008FairWest Energy Corporation reported about 100 drilling locations on 72,640 undeveloped net acres and production of 528 barrels of oil equivalent per day. In 2008 FairWest Energy Corporation acquired private Canadian oil firm ExploreCo Energy Inc

Falcon Oil & Gas has spread its wings and focused its energy on searching for oil and gas. Falcon Oil & Gas Ltd. operates in Romania (through JVX Exploration) where Falcon Oil & Gas Ltd. has the right to explore and drill wells on property that covers 575,260 acres and is adjacent to Hungary's two largest oil fields. Falcon Oil & Gas Ltd. licenses are in south-central Hungary near the town of Szolnok. Falcon operates in Hungary (through TXM Oil and Gas Exploration) where it is focusing on an underground geologic formation called the Mako Trough. Falcon Oil & Gas also holds interests in four non-producing properties in Alberta, Canada.

Faroe Petroleum plans to parlay its access to the reserve-rich Atlantic margin region around the Faroe Islands into major revenue growth. Faroe Petroleum plc has exploration licenses in the Faroes, in the UK west of the Shetland Islands, and in the UK sector of the North Sea. Faroe Petroleum plc oil and gas assets include interests in the Clair, Foinaven, and Schiehallion fields, which collectively hold estimated reserves of 1.6 billion barrels of oil. Net reserves attributable to Faroe Petroleum in respect of Minke Main in the Southern North Sea are estimated to be 2.6 billion cu. ft. of gas. Faroe Petroleum plc works with oil majors to develop its oil and gas properties. Faroe Petroleum is listed on the Alternative Investment Market of the London Stock Exchange and has its headquarters in Aberdeen, UK Faroe Petroleum has a highly experienced team of professionals focused on creating exceptional value for its shareholders.

Flint Hills Resources has sparked an interest in fuel production. Flint Hills Resources, LP, a subsidiary of Koch Industries, is a major producer of fuels, base oils for lubricants, and other petrochemical products. Flint Hills Resources, LP has stakes in crude oil marketing, transportation, and storage activities in Canada. Flint Hills Resources, LP also has refining complexes in Alaska, Minnesota, and Texas, that together have a total processing capacity of more than 800,000 barrels of crude oil per day. Flint Hills has associated marketing activities and petrochemical production and trading businesses. Flint Hills Resources, LP markets gasoline, jet fuel, diesel, heating oil, and other fuels, owns stakes in common carrier pipelines, and has an interest in base oil producer Excel Paralubes.

Fortress Energy Inc. is an Alberta-incorporated company whose primary focus is exploration, development and production of natural gas reserves in Western Canada. Fortress Energy Inc. exited its drug discovery business in 2004, and began acquiring oil and gas companies. In 2005 Fortress Energy (as SignalEnergy) acquired Predator Exploration, as well as Privateco, whose main asset resided in the Chigwell region of Central Alberta. Predator had natural gas properties in northeastern British Columbia and in West-Central and Central Alberta. In 2009 Fortress Energy reported it had 160,464 gross acres and net proved reserves of 30.8 billion cu. ft. of natural gas equivalent.

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