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REGIONAL EARNINGS

Fortune Petroleum Shows 6-Month Loss

August 31, 1993

Fortune Petroleum Corp., an Agoura Hills energy concern, reported a $119,000 loss for the latest six months, contrasted with a $52,000 profit a year earlier.

Fortune's revenue for the first half of this year was $965,000, slightly below the $985,000 in revenue in the six months that ended June 30, 1992. Fortune did not break out its second-quarter results.

The company also said it hoped to complete its proposed acquisition of natural gas leasehold interests in Webb County, Tex., on Aug. 30, a deal that could significantly expand Fortune's operations.

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