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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: cmg who wrote (159)2/4/1998 6:50:00 PM
From: TD   of 275
 
cmg, got latest info on first well at La Rosa, spoke to JC about it. Looks like with all going our way we might get 200 barrels of oil equivalent per day out of this. If our 18.7% take goes as planned it is worth about one cent cash flow per share if I did the math correctly.

Still haven't got the news on Schwing three, this worries me because JC keeps telling me it is a good hole but so far nothing in the press. Stock has been acting quite weak if in fact Schwing #3 is a good well.

I wrote an email to Ty, don't know if he will respond, asked if the rest of La Rosa's zones look like this one.

TD
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