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Latest FX Energy Inc. Stories

2011-06-06 07:51:00

SALT LAKE CITY, June 6, 2011 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today announced that gas production has started at the Kromolice production facility. Production will be increased gradually over the next 30 days or so until reaching the plateau production rate estimated at approximately 10.2 million standard cubic feet of gas per day (mmscf/d). The Kromolice production facility serves two wells: Kromolice-1 and Kromolice-2. The nearby Sroda-4 well, which started production in...

2011-05-09 06:55:00

BILLINGS, Mont., May 9, 2011 /PRNewswire/ -- American Eagle Energy Inc. (OTCBB:AMZG; "American Eagle" or the "Company") is pleased to announce today that, together with its partner, Big Sky Operating LLC, the Company has entered into joint participation agreement with FX Energy, Inc. to expand and exploit its leasehold position in the emerging Bakken Source System play located in the Southern Alberta Basin. The three companies have established an area of mutual interest (AMI) in the Bakken...

2011-05-09 06:00:00

SALT LAKE CITY, May 9, 2011 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) announced the signing of an agreement with American Eagle Energy, Inc., and Big Sky Operating LLC, to jointly explore approximately 75,000 acres in the Alberta Bakken in Northwest Montana. FX Energy's 10,000 acre field in the Southwest Cut Bank Sand Unit will be included in the joint exploration program and the Company will own a one-third interest in the overall project. The companies plan to drill a minimum of...

2011-05-04 07:03:00

SALT LAKE CITY, May 4, 2011 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today announced that drilling has commenced on the Company's Machnatka-2 well. Machnatka-2 is located in the southwestern portion of the Company's 880,000 acre Warsaw South concession in eastern Poland. The well is expected to test both the Zechstin and Carboniferous horizons before reaching total depth of 4,070 meters. NAFTA Pila is the drilling contractor. The location for the well was selected on recently...

2011-04-06 09:40:00

SALT LAKE CITY, April 6, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) is rigging up to begin the re-entry of an existing wellbore in northern Montana. The purpose of the re-entry is to gather data from the wellbore to assist the Company in evaluating the hydrocarbon and CO2 potential in the Company's northern Montana acreage. The well will be deepened from its current depth in the Cutbank formation of approximately 3,216 feet. Samples will be taken from the Lodgepole, Bakken,...

2011-04-05 09:09:00

SALT LAKE CITY, April 5, 2011 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) announced today that the Company will make a presentation at the IPAA 2011 Oil & Gas Investment Symposium in New York on April 12, 2011. The presentation will be webcast beginning at 2:25 p.m. Eastern. A link to the presentation is available on the FX Energy website at www.fxenergy.com. About FX Energy FX Energy is an independent oil and gas exploration and production company with production in the US and...

2011-03-23 06:10:00

SALT LAKE CITY, March 23, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced that drilling has commenced on the Plawce-2 well near the north border of the Fences concession. Plawce-2 is targeting Rotliegend sands at an estimated depth of approximately 3,729 meters. Plans call for drilling to a vertical depth of approximately 4,000 meters. Following evaluation of cores, logs and flow tests, the parties may consider fraccing the vertical well and/or drilling a long reach...

2011-03-16 06:00:00

SALT LAKE CITY, March 16, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced a capital budget for 2011 estimated at between $60 and $70 million. This budget is equal to all of the Company's capital expenditures over the last three years. The increase is a direct result of the planned increase in drilling activity. In 2011, the Company plans to drill one well in its Kutno concession, up to three wells in its Warsaw South concession, and up to three more wells in PGNiG's...

2011-03-10 08:37:00

SALT LAKE CITY, March 10, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced the pricing of its previously announced underwritten public offering of 6,000,000 shares of its common stock at $7.00 per share. The underwriter has a 30-day option to purchase up to an additional 900,000 shares of common stock, on the same terms and conditions, to cover over-allotments, if any. FX Energy expects that the net proceeds from the offering will be approximately $39.3 million...

2011-03-09 15:11:00

SALT LAKE CITY, March 9, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced it has commenced an underwritten public offering of 6,000,000 shares of its common stock. In addition, FX Energy expects to grant the underwriter a 30-day option to purchase up to an additional 900,000 shares of common stock, on the same terms and conditions, to cover over-allotments, if any. FX Energy intends to use the net proceeds from this offering to fund a portion of its 2011 and 2012...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.