2009-08-19-2007-05-01-2007-05-01

Acreage

FX Energy Inc., Salt Lake City, (Nasdaq: FXEN) has acquired a new concession in central Poland. The concession includes 100% interest on 284,000 acres in the Kunto prospect. Potential gas in place is between 5- and 10 trillion cubic feet. FX Energy vice president, operations, Andy Pierce say, "Although the Kutno structure has long been known as one of the largest targets onshore Europe, it has never been tested due to the risk and the high cost of drilling a well to this depth. However, because of the tight-gas supplies throughout Europe, several companies are reexamining the potential of this type of onshore, deep gas play. We will be soliciting industry participation for this project."