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FX Energy reports gas flow at Tuchola-3K well

FX Energy, Inc. reported results of a drill stem test (DST) on the Tuchola-3K

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FX Energy provides operations update-Spotlight

FX Energy, Inc. reported results of a drill stem test (DST) on the Tuchola-3K well in north-central Poland. Gas flowed at a rate of approximately 5 million cubic feet per day with traces of condensate from a dolomite section in the Ca1/Upper Devonian. The Company now will run a 7" liner to a depth of approximately 2,700 meters and conduct a full production test over the next several days to determine whether to complete the well as a commercial discovery.

"We have not yet determined if the well is commercial," noted David Pierce , CEO, "but we are cautiously optimistic and therefore will run a liner to allow more thorough testing. We are also reviewing a range of possible follow-on actions, including other potential drilling locations, to appraise the scope and potential of this Ca1/Upper Devonian zone both nearby and right across our Edge concessions. We will have plans ready for a prompt response if the production test is encouraging."

Tags: FX Energy