Mackenzie, B.C.- The Mackenzie Power Project  is not expected to be up and running until late in the first quarter of  2015. 

Conifex says the delay is due to a problem that occurred during the  72 hour  run test of the  project that  started on October 11^th.  The test was stopped  at the 24 hour mark  when  newly installed electrical equipment  failed.

Conifex has been working with its contractors and equipment suppliers to  make the necessary repairs to the damaged equipment.

Insurance policies  will cover much of the costs associated with the repairs and any  additional carrying costs incurred because of the delay in  starting the commercial operation of the  Power Project.