The Wilga-2 well was drilled in 2000 and has proved reserves of 6 bcf and 250,000 barrels of condensate. The well is expected to produce at a rate of 4 mcf of gas and 230 barrels of condensate per day. FX Energy is the operator of the well and owns an 82% interest. The Polish Oil and Gas Company (POGC) owns 18%.
The Company also reported that the Sroda-5 well that began drilling on September 12, 2005, is drilling ahead at a current depth of approximately 1,600 meters. The well is expected to test a Rotliegend sandstone target at a depth of approximately 3,600 meters.
The Lugi-1 well in the Company's Fences I project area has a rig on location and should begin drilling later this week. POGC is the operator of the Lugi-1 well and owns a 51% interest. FX Energy owns 49%.
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