Salt Lake City-based FX Energy Inc. (Nadsdaq: FXEN) has reported on plans for three of its wells in Poland.

Plawce-2 Frac Operations Underway

Field operations are underway to frac three intervals in the Rotliegend and carry out three separate production tests. The project is expected to take approximately four to six weeks in total and results are anticipated in the latter part of May. Halliburton will carry out three separate fracs at intervals between 3,760 and 4,098 meters. After all three fracs have been completed, each interval will undergo a five or six day production test.

The Plawce-2 well was completed in the 3rd quarter of 2011 and is located in what is believed to be a several kilometer wide uplifted band of tight Rotliegend sandstone that stretches across the northern border of the Fences concession. The Plawce-2 well was designed to test whether a vertical multi-frac well could yield commercial production and whether this tight sand band merits further evaluation. The Plawce-2 well encountered 480 meters of tight Rotliegend sandstone. Logs, cores and a drill stem test yielded gas shows with no water. The Polish Oil and Gas Co. is the operator and owns 51% of the working interest; FX Energy owns the remaining 49% working interest.

Tuchola-3K to Test Upper Devonian

The Tuchola-3K encountered good light hydrocarbon shows but poor reservoir quality in a 36 meter section of the Main Dolomite. Deeper in the well it also encountered very good hydrocarbon shows and up to 20% interpreted log porosity within a 100-meter section of the reefoidal Upper Devonian. This horizon warrants further testing.

The well is now approximately 340 meters from an estimated total depth of 3,980 meters, where the target is oil in the middle Devonian sands. Once drilling is complete the company plans to log, evaluate the middle Devonian, and then move uphole to test the reefoidal Upper Devonian.

Meanwhile, the company's technical team has recalibrated the seismic to directly image porous dolomite in the Main Dolomite near the existing wellbore. If they interpret better reservoir quality nearby, and if the well is not completed for production in the Devonian, the company is considering a side-track operation further uphole to test the Main Dolomite a few hundred meters away from the current well bore.

The Tuchola-3K well is the company's first test well in one of the Edge concession blocks in northern Poland. Previous drilling by other companies encountered live oil and gas in a number of horizons in the region, including the Zechstein, Rotliegend, Devonian and Carboniferous. The Tuchola-3K well was designed to test the Zechstein Main Dolomite, the Upper Devonian and middle Devonian. FX Energy is the operator and owns 100% of the working interest.

Mieczewo-1K Results

The Mieczewo well was drilled on a small Rotliegend structural target in the western part of the Fences concession. It is the company's thirteenth well targeting a Rotliegend structural feature. A drill stem test of the upper 9.6 meters of Rotliegend flowed gas with no water. The well now has been completed and production tested. Based on test results plus log and core data it appears the gas column is not much more than 10 meters. This is not commercial and the well will be plugged and abandoned. The Polish Oil and Gas Company is the operator and owns 51% of the working interest; FX Energy owns the remaining 49% working interest.