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Gold/Mining/Energy : Fortune Petroleum (FPX) -- Ignore unavailable to you. Want to Upgrade?

To: TD who wrote (260)	1/18/1999 9:49:00 PM
From: TD	Read Replies (1) \| Respond to of 275

Well, well well, we need a well.. Spoke to Ty today. Now that John Collins has moved on it was interesting to speak with the CEO. Ty told me that the two pending wells have been finished and the flow rates will be done next week. Also said that one more well will be on line in about two weeks. Thus far he stated that we should have a press relaese in about two weeks speaking of three new wells in production. He also said that so far we are 3 for 5 in Espirtu. I asked about the deep Frio and he said that Smith Management and Petroguard do not want all the risk so they are looking for others to join in the drilling. this means that a drill date is unknown at this time. Do not have any other information, as most readers of this thread know the TDXT deal fell apart. Ty told me that FPX is still working on it.