FX Energy, Inc. Salt Lake City (NASDQ: FXEN), provided the following update on the status of the company's operations in Poland.
Frankowo-1 Well
9 5/8ths casing has been set and cemented into the top of the Zechstein formation at a depth of 1525 meters. After waiting on the cement to set up, drilling will continue. The well is located on the Company's 100% owned Block 246 concession.
Kutno-2 Well
Drilling and coring operations are ongoing.
The Kutno-2 well is being drilled together with the Polish Oil and Gas Company (PGNiG). PGNiG will earn a 50% interest in the Kutno concession in connection with its participation in the Kutno-2 well.
Komorze-3 Well
Production testing operations at the Komorze-3K well are continuing. Komorze-3 is a satellite structure located less than 3 kilometers from the Company's 2011 Lisewo-1 Rotliegend gas discovery. PGNiG is the operator of the well and holds 51% interest; the Company holds 49% interest.
When additional information is available on these and other operations, further updates will be made.
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