FX Energy to Drill Fences III Exploratory Well

FX Energy has initiated the tender process to select a drilling contractor for the Drozdowice-1 well in the Company's Fences III project area in western Poland.

The well will test Ca-1 and Rotliegend targets at a depth of approximately 1,400 meters.

This is the Company's first well in Fences III. FX Energy owns 100% interest and will be the operator.