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FX Energy Tests Poland Tuchola-3K Well

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FX Energy, Inc. reported results of a drill stem test (DST) on the Tuchola-3K well in north-central Poland. Gas flowed at a rate of approximately 5 million cubic feet per day with traces of condensate from a dolomite section in the Ca1/Upper Devonian. The Company now will run a 7" liner to a depth of approximately 8,858 feet (2,700 meters) and conduct a full production test over the next several days to determine whether to complete the well as a commercial discovery.

"We have not yet determined if the well is commercial," noted CEO David Pierce, "but we are cautiously optimistic and therefore will run a liner to allow more thorough testing. We are also reviewing a range of possible follow-on actions, including other potential drilling locations, to appraise the scope and potential of this Ca1/Upper Devonian zone both nearby and right across our Edge concessions. We will have plans ready for a prompt response if the production test is encouraging."

FX Energy is the operator and owns 100 percent of the working interest in the Tuchola well and the four Edge concession blocks, which cover 880,000 acres or 1,377 square miles (3,567 square kilometers).


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