Salt Lake City-based FX Energy Inc. (Nasdaq: FXEN) has provided details of the testing programs for the Tuchola-3K and Plawce-2 wells in Poland.
Tuchola-3K
The company is in the process of plugging back the well to 2744 meters and plans to run a 7-inch liner to 2690 meters in preparation for testing. Plans call for production tests to begin next week. The decision to complete the Tuchola-3K well as a producing well will be based on the upcoming test results. Meanwhile, the company is finalizing the design of a 3D seismic acquisition program that will cover this structural feature, along with other similar leads in the concession. Field work is anticipated to begin in June, with the goal of identifying additional prospects. The company has budgeted two additional wells yet this year, subject to identifying suitable targets.
FX Energy is the operator and owns 100% of the working interest in the Tuchola well and the four Edge concession blocks, which cover 880,000 acres or 3,567 square kilometers.
Plawce-2
Three separate fracs have been completed in the Plawce-2 well at depths between 3760 and 4098 meters. Each frac was applied to a zone of approximately 5 meters. Over the next several weeks, each zone will undergo a 5 to 7 day clean up and flow back procedure. Zones that yield a sufficient gas flow will then undergo full production testing. The decision to complete the Plawce-2 well as a producing well will be based on the upcoming test results. Meanwhile, permit and design work on a potential production facility is underway.
The Polish Oil and Gas Co., PGNiG, is the operator and owns 51% of the working interest in the Plawce-2 well and the Fences concession blocks, which cover 850,000 acres or 3294 square kilometers. FX Energy owns 49% of the working interest.
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