Seeking Alpha

FX Energy plans to frack Polish well

FX Energy (FXEN +7.1%) says it plans to frack a tight gas zone in its Gorka Duchowna-1 well in Poland after a drill stem test of an interval between 2,261-2,290 meters recovered gas and drilling mud with no water.

In reporting progress on three other wells in Poland, Lisewo-2 is drilling ahead at a depth of 3,470 meters toward a target depth of 3,880 meters, Szymanowice-1 is drilling ahead at 2,373 meters, and initial permit work has begun on three possible offset locations to the Tuchola-3K discovery well.

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