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Latest FX Energy Inc. Stories

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...

2011-03-07 06:10:00

SALT LAKE CITY, March 7, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today released details from the Lisewo-1 discovery well, a Rotliegend structural trap in the Fences concession in west central Poland. The well flowed at an initial rate of 7.7 million cubic feet per day (mmcf/d) and a calculated maximum open flow of 13.4 mmcf/d. The initial plateau production rate is forecast to be set at approximately 4.5 to 5.0 mmcf/d once production facilities and pipeline are completed....

2011-02-17 09:18:00

SALT LAKE CITY, Feb. 17, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) announced today that David N. Pierce, the Company's President and CEO will make a presentation at EnerCom's The Oil & Services Conference IX in San Francisco on February 24, 2011. The presentation is scheduled for 1:30 p.m. Eastern Time; 10:30 a.m. Pacific 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...

2011-02-08 09:20:00

SALT LAKE CITY, Feb. 8, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) provided the following update on the Company's current operations in Poland. Lisewo Well The Lisewo well has been drilled to total depth and logged, indicating a substantial pay zone with excellent porosity. The operator has elected to run a drill stem test at the gas water contact/transition zone this week. This will be followed next week by a full production test to determine the maximum open flow rate and...

2011-02-01 07:50:00

SALT LAKE CITY, Feb. 1, 2011 /PRNewswire/ -- FX Energy, Inc. (Nasdaq: FXEN) today reported the Lisewo 1K well has been drilled to a total depth of 3945 meters, true vertical depth (TVD) of 3773.5 meters and logged. The well operator, the Polish Oil and Gas Company (PGNiG), and 51% owner contracted log interpretation to its subsidiary, Geofizyka Torun (GT). GT's log interpretation indicates a gas column of 67 meters from 3814.5 to 3881.5 meters. Average porosity in the upper half of the pay...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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