The president of Ontario-based Petroworth Resources says company officials had hoped to be drilling by now, but instead the company is looking at the middle of next year.
Neal Mednick says there were delays with getting the drilling rig in New Brunswick and the proper paperwork still isn't in place.
Mednick says bad weather could have increased project costs — and that was another factor in the decision to hold off.
Mednick says the company is still committed to the project.