FX Energy begins drilling to test Poland's Rotliegend structure

1/15/2013

FX Energy begins drilling to test Poland's Rotliegend structure

SALT LAKE CITY -- FX Energy reported that drilling has commenced on the Mieczewo-1K exploration well.  The well is a planned test of a Rotliegend structure at a projected depth of 3,360 m. The Mieczewo-1K well is located in the western part of the 850,000 acre Fences concession, where the Polish Oil and Gas is the owner of concession and operator and holds 51% interest while the company holds 49% interest.

FX Energy also reported that the Tuchola-3K well which began drilling in late December of 2012 is currently at a depth of 2,053 m. The Tuchola-3K well is planned to test a Main Dolomite target at approximately 2,550 m and an independent Devonian oil target at a depth of 3,180-3,820 m. The Tuchola-3K well is located on one of our blocks that comprise the 880,000 acre Edge concession area in northern Poland. FX Energy holds a 100% interest and operates the Tuchola-3K well and the Edge concession area.

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