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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: Joseph T. Worley who wrote (179)4/6/1998 10:47:00 PM
From: TD  Read Replies (1) of 275
 
Joe, thank you for your efforts, spoke with JC myself today, really have nothing more to add. Probably not much to discuss until May 1 or so. As far as I know 13 sites are ready in Espirtu but we must wait for a variety of reasons, mostly the water level is too low to get the special rig into the locations specified. If my memory is correct two shallow wells in Espirtu is equal to one at EBS. So with 20 planned and a 70% success rate that would be about 14 wells or the equivalent of 6-7 at EBS. FWIW it is show me don't tell me time. Joe we will hang in there until November and see, thanks again for your efforts, take care Joe.
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