Exploration & Production
FX Energy Updates Poland Shale Operations
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FX Energy, Inc., issued an update on two wells currently drilling in Poland.
Kutno-2 WellThe Kutno-2 well has been drilled to a total depth of 6,577 meters. The next planned operation is to run a drill stem test (“DST”) through the zones that had the best gas shows and porosity based upon drilling and log data from the wellbore. The DST is expected to begin within the next two to three weeks.
Kutno-2 is being drilled together with the Polish Oil and Gas Company (PGNiG). PGNiG will earn a 50% interest in the Kutno concession in connection with its participation in the Kutno-2 well.
Frankowo-1 WellThe Frankowo-1 well has been drilled to a current depth of approximately 2,100 meters. A DST in the top 28 meters of the Rotliegend sandstone reservoir, the primary target in the well, recovered…
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