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FX Energy Sees 'Impressive' Flow Rates at Tuchola-4K Well

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FX Energy Sees 'Impressive' Flow Rates at Tuchola-4K Well

FX Energy, Inc. reported estimated production rates based on the production test on the Tuchola-4K well originally reported on April 21, 2014.

The calculated absolute open flow rate for the Tuchola-4K well was 117 million cubic feet per day (Mmcf/d), compared to the calculated absolute open flow rate for the Tuchola-3K well of 98 Mmcf/d.  The estimated initial stabilized production rate for the two wells combined is expected to be approximately 24 Mmcf/d when production starts. The Company plans to complete the Tuchola-4K and run another production test, after which it expects to release internal estimates of recoverable reserves and gas composition for the field.

Andy Pierce, VP of Operations, commented: "These projected flow rates are impressive. significantly better than we had hoped…

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