FX Energy, Inc. 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 11,024 feet (3,360 meters). The Mieczewo-1K well is located in the western part of the 850,000 acre Fences concession, where the Polish Oil and Gas Company (PGNiG) is the owner of concession and operator and holds a 51 percent interest; the Company holds a 49 percent interest.
FX Energy also reported that the Tuchola-3K well which began drilling in late December of 2012 is currently at a depth of 6,736 feet (2,053 meters). The Tuchola-3K well is planned to test a Main Dolomite target at approximately 8,366 feet (2,550 meters) and an independent Devonian oil target at a depth of 10,433-12,533 feet (3,180-3,820 meters). The Tuchola-3K well is located on one of four blocks that comprise the 880,000 acre Edge concession area in northern Poland. FX Energy holds a 100 percent interest and operates the Tuchola-3K well and the Edge concession area.
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