Exploration & Production
FX Energy to Plug Kutno-2 Well
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FX Energy, Inc. reported today that after evaluating the data from the Kutno-2 well a decision to plug and abandon the well has been made. Plugging operations are underway. Although gas shows and porosity of up to 6% were seen in the upper Rotliegend, the well flowed only salt water. The Rotliegend in the Kutno-2 well appears to be fluvial in origin, with abundant clays, dolomites and shales intermixed with sands.
David Pierce, Chief Executive Officer of the Company, said, "We knew from the outset that the big risks in this well were drilling risk, gas quality and reservoir quality. We overcame the first two risks, but not the third. We had hoped that Kutno might contain the classic dune sands that we continue to encounter in the Fences concession. That would have been a very big prize…
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