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Latest FX Energy Inc. Stories

2010-10-07 09:54:00

SALT LAKE CITY, Oct. 7 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today reported that preliminary site work on the Plawce-2 well is scheduled to commence prior to year end. Plawce-2 will be the Company's first horizontal well in Poland. The planned work will include road construction and surface preparation with drilling expected to begin in early 2011. The well will be owned 51% and operated by the Polish Oil and Gas Company (POGC); FX Energy owns 49%. In 1984 the Plawce-1 well...

2010-10-06 09:34:00

SALT LAKE CITY, Oct. 6 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) announced today that David N. Pierce, the Company's President and CEO, will make a presentation at the IPAA Oil and Gas Investment Symposium West in San Francisco on October 12, 2010. The presentation is scheduled for 7:10 p.m. Eastern time; 4:10 p.m. Pacific and will be webcast. A link to the presentation is available on the FX Energy website at www.fxenergy.com. About FX Energy FX Energy is an independent...

2010-10-05 11:55:00

SALT LAKE CITY, Oct. 5 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced the signing of a definitive Joint Operating Agreement with the Polish Oil and Gas Company ("POGC") covering operations in the Company's 710,000 acre Kutno concession block in central Poland. POGC will earn a 50% interest in the block in connection with drilling of the first well; FX will be the operator. The parties plan to test a previously undrilled 35,000 acre (140 square kilometer) 2-D...

2010-09-27 06:00:00

SALT LAKE CITY, Sept. 27 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today reported that the Lisewo well has started drilling on FX Energy's 850,000 acre Fences concession in western Poland. The well is planned to test a 3-D defined Rotliegend sandstone structural target. Expected total depth of the well is 3,945 meters. FX Energy owns 49% of the Lisewo well. The Polish Oil and Gas Company is the operator and owns 51%. "The Lisewo prospect has the best risk-to-reward ratio of any...

2010-08-18 08:58:00

SALT LAKE CITY, Aug. 18 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) announced today that the Company will present at The 2010 Oil and Gas Conference hosted by EnerCom, Inc. on August 24, 2010 in Denver, Colorado. The presentation is scheduled for 3:35 p.m. Mountain Time, 5:35 p.m. Eastern Time and will be webcast. A link to the webcast will be available on the homepage of the FX Energy website at www.fxenergy.com. For those unable to participate during the live webcast, the...

2010-07-20 06:00:00

SALT LAKE CITY, July 20 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today reported that the extended production test of the recently re-entered Zakowo-1 well in block 246 does not provide support for the cost of additional workover attempts and infrastructure for the overall project. Testing over the last few days did confirm the flow rates from the earlier tests when the well was originally drilled in the 1970's. However the improved tools and procedures available today...

2010-07-06 12:48:00

SALT LAKE CITY, July 6 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced that it has reached total depth and plugged back to 1830 meters in the Zakowo-1 well. The Company plans this week to re-perforate, acidize and commence several days of production testing. Results should be available in one to two weeks. "The biggest risk we faced in this well was mechanical," said Andy Pierce, Vice President of Operations. "This is a 40-year old well and the unknowns were...

2010-06-08 06:00:00

SALT LAKE CITY, June 8 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced that a workover rig is on location and re-entry operations on the Zakowo-1 well are underway. Zakowo-1 is the first of four wells in the Zakowo field that the Company plans to re-enter and workover this year. The decision to continue operations on other wells in the Zakowo field will be determined by the Zakowo-1 results. The Zakowo field was discovered in the 1970's but was never put into...

2010-03-15 09:02:00

SALT LAKE CITY, March 15 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced that a technical presentation regarding the Company's exploration projects in Poland will be held in Boston on Thursday, April 15, 2010. Richard Hardman, the Company's Senior Technical Advisor, will be the primary speaker. The presentation will begin at 12:15 p.m. Eastern. Shareholders, brokers, analysts, members of the press and others in the business and financial community are invited to...

2010-02-17 12:59:00

SALT LAKE CITY, Feb. 17 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) FX Energy today announced its proved oil and gas reserves at year-end 2009 rose to 50.4 billion cubic feet equivalent ("Bcfe"). This figure is 4.5 Bcfe, or 10%, above the year-end 2008 figure of 45.9 Bcfe. Over the last six years the Company has enjoyed a 30% compound annual growth rate in proved oil and gas reserve volumes. 296 Percent Reserve Replacement Builds Net Value Total extensions, discoveries and...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.