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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: Joseph T. Worley who wrote (52)6/12/1997 2:24:00 PM
From: Ronald J. Clark   of 275
 
Joe,

I did discuss the delay at some length with John and he indicated that initially they discovered a piece of metal downhole which was thought to negate the opportunity for a planned seismic test at the bottom. To make a long story short, they got all of the metal out of the hole and then conducted the seismic test (which the last time I talked with JC had been scratched). This put the commencement of the actual completion effort behind schedule. The completion just started the day I talked to JC and should be (barring unforeseen problems) done sometime next week. It will also take some time to actually do the flow testing and so-called four point test. If you hear anything else, please let me know.

Ron Clark
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