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Polish Tuchola-4K Well Results Bolsters FX Energy's Confidence

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Polish Tuchola-4K Well Results Bolsters FX Energy's Confidence

FX Energy, Inc. has completed drilling operations on the Tuchola-4K well located on its Edge license in north central Poland, where the Company holds 100% working interest.

The well now is being completed in the lower Zechstein/upper Devonian formation. Production tests reported April 30, 2014, indicate that the Tuchola-4K well, together with the original discovery well, Tuchola-3K, could produce initially at a combined rate of approximately 24 million cubic feet of gas per day (Mmcf/d). A sustained production and pressure test will be conducted and analyzed in the next several weeks to determine a reserve estimate, as addressed in more detail below.

The current development concept for Tuchola contemplates delivering gas into Poland's high methane gas distribution system after extraction…

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