FX Drilling Ahead at Zaniemysl-2 Well



FX Energy reported that drilling the Zaniemysl-2 well in the Company's Fences I project area is continuing at a depth of approximately 2,700 meters. The well has been cased to the top of the Zechstein formation and drilling plans call for another string of casing to be set to the top of the Rotliegend, the well's intended target, at a projected depth of approximately 2,940 meters. Operational plans for the well include drilling, coring and testing of the Rotliegend, and are scheduled to take another two to three weeks before any results will be available.

FX Energy holds interests in five project areas in Poland:

The Fences I project area covers approximately 265,000 acres in western Poland's Permian Basin. FX Energy holds a 49% interest subject to the right of CalEnergy Gas to earn half of that 49%. POGC holds 51%.

The Fences II project area covers approximately 670,000 acres in western Poland's Permian Basin. FX Energy has a 49% interest in Fences II and POGC holds 51%.

The Fences III project area covers approximately 770,000 acres in western Poland's Permian Basin. FX Energy holds a 100% interest.

The Pomerania project area covers approximately 2.2 million acres in western Poland's Permian Basin. FX Energy holds a 100% interest in the Pomerania project area except for one block of approximately 225,000 acres, where its interest is 85% and POGC holds 15%.

The Wilga project area covers approximately 250,000 acres in central Poland; FX Energy holds a 45% interest.
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