Exploration & Production
FX Energy Spuds Poland Well, Update Alberta Bakken Operations
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FX Energy, Inc. (NASDAQ: FXEN) today announced the start of drilling on the Kutno-2 well in the Company’s 700,000 acre Kutno concession. The Kutno-2 well is planned to test a large (approximately 35,000 acres or 140 square kilometers) 2-D defined Rotliegend structure at a depth of approximately 6,500 meters (21,000 feet).
The current rig will be used to drill the first sections of the well prior to moving Nafta Pila’s larger IDM 2000 rig with 500 ton load capacity onto location for the bottom sections of the well. Drilling is expected to take approximately eight to nine months. FX Energy is the operator and will be 50% owner of the Kutno concession; PGNiG will earn 50%.
Plawce-2
The Plawce-2 tight gas well reached total depth of 4,200 meters. Gas shows were encountered as expected…
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