FX Energy announces successful test of Miloslaw-4k well

FX Energy Inc. has reported that drilling, coring, logging and testing of the Miloslaw-4k well have been completed. The well flowed gas with no observable water at a rate of 4.32 million ft3/d on a 16/64" choke from a 41.3 m interval in the Rotliegend sandstone. True vertical depth of the producing zone is from 3632.9 m to 3674.2 m, the longest producing interval of any of the company's wells in Poland. The well is being completed and is anticipated to begin producing in 2016/2017.

The well tested a Rotliegend sandstone target located in the Fences license approximately 15 kilometers northwest of the producing wells at Lisewo-1 and 2. The Miloslaw prospect is one of the largest conventional prospects FX Energy has drilled in Poland. The Polish Oil and Gas Company is the operator and owns 51% of the working interest; FX Energy owns 49%.

Edited from press release by

Published on 02/10/2015

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