Poland's Sroda-5 and Lugi-1 to Commence Drilling

FX Energy, Inc. reported that the tender process has been completed and drilling contractors have been selected for the Sroda-5 and Lugi-1 wells in Poland. Field operations will commence immediately.

The Sroda-5 well will be drilled on a separate high feature identified on seismic approximately 4 km southeast of the Company’s successful discovery in Sroda-4 that was completed for production earlier this year. The Lugi-1 well will test a pinchout target approximately 9 km east of the Rusocin-1 discovery well. FX Energy owns a 49% interest in the wells; POGC is the operator and owns a 51% interest. About FX Energy FX Energy, Inc., is an independent oil and gas company focused on exploration, development and production opportunities in the Republic of Poland. The Company holds exploration rights to over 1.7 million acres in western Poland’s Permian Basin. The Permian Basin’s gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England, and represents a largely untapped source of potentially significant gas reserves. FX Energy is exploiting this untapped potential in the belief that it can create substantial growth in oil and gas reserves and cash flows for its stockholders. The Company trades on the Nasdaq National Market under the symbol FXEN.