FX Energy, Inc. announced that drilling is underway on the Company's Tuchola-4K well. The well is located approximately 800 meters west of the Company's Tuchola-3K discovery that was completed in 2013. That well tested at a rate of approximately 5 million cubic feet per day with traces of condensate from a dolomite section in the Ca1 Zechstein formation at a depth of approximately 2,700 meters.

The primary objective of Tuchola-4K is the Ca1 Zechstein formation, the same Permian age formation found in the Tuchola-3K well. The well is also planned to test a deeper secondary target in the Upper Devonian. Total depth of the well is planned at 3,452 meters. Drilling time for the well is estimated at approximately three months, but this could vary significantly due to coring and testing decisions, weather and other factors.

Tags: FX Energy