FX Energy, Inc. reported that drilling has started at the Szymanowice-1 well. The objective is a Rotliegend structure identified on 3D seismic and located approximately 2 kilometers southeast of the Lisewo-1 discovery. The well is expected to reach total depth (3,750 meters) in January 2014. The Szymanowice-1 well is located in the Fences concession where the Polish Oil and Gas Company (PGNiG) is the operator and holds 51% working interest; FX Energy holds 49% working interest.

Other Current Drilling Operations

Lisewo-2 well. The Lisewo-2 well is drilling ahead at a depth of approximately 3,097 meters toward a target depth of 3,880 meters. The objective is a Rotliegend structure identified on 3D seismic and previously drilled by the Lisewo-1 discovery well. The well is expected to reach total depth before year end. The Lisewo-2 well is located in the Fences concession where PGNiG is the operator and owns 51% of the working interest; FX Energy owns 49%.

Tags: FX Energy