In one embodiment telescoping members are extended to bridge an annular gap either before or after it is cemented. Some of the telescoping members have screens and others have flow passages that can be selectively opened with associated valves to frac an interval in any order desired. The valves are then closed after the frac job and the other telescoping members are made to allow screened flow from the fractured formation. In another embodiment an interval to be gravel packed and fractured has a series of screens and selectively opened valves on a bottom hole assembly such as a liner. One or more external packers are provided. The entire interval is gravel packed at one time followed by packer actuation and then selective opening of ports to conduct a fracture operation in any of the zones defined by the set packers and in any desired order.