SALT LAKE CITY
Sept. 4, 2013
FX Energy, Inc.
(NASDAQ: FXEN) today reported that drilling has started at the Lisewo-2 well. The Lisewo-2 well is a development well that targets the Lisewo structure previously discovered by the Lisewo-1 well. Lisewo-2 is intended to accelerate production from the structure. The Lisewo production facility, scheduled to begin producing about the end of September, is designed to serve both Lisewo-1 and Lisewo-2, in addition to the Komorze-3 well.
The Lisewo-2 well is located in the Fences concession where the Polish Oil and Gas Company (PGNiG) is the operator and holds 51% working interest and the Company holds 49% working interest.
Szymanowice Well to Start
The Company also reported that site preparation is underway at the Szymanowice-1 well, which is expected to start drilling around the end of September. The Szymanowice-1 well is located in the Lisewo area of the Fences concession, where the Polish Oil and Gas Company (PGNiG) is the operator and holds 51% working interest and the Company holds 49% working interest.
Gorka Duchowna-1 Well Drilling Ahead
The Company also reported that the Gorka Duchowna-1 well is drilling ahead at a depth of approximately 440 meters in a planned 2,700 meter test of the Main Dolomite and Carboniferous horizons. The well is expected to reach total depth in the fourth quarter. The Gorka Duchowna-1 well is located in the northwest quadrant of the 240,000 acre Block 246 concession, where FX Energy is the operator and holds a 100% interest.
About FX Energy
FX Energy is an independent oil and gas exploration and production company with production in the US and
. The Company's main exploration and production activity is focused on
Permian Basin where the gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore
. The Company trades on the NASDAQ Global Market under the symbol FXEN. Website