FX Energy and RWE-DEA begin first well in Poland

Feb 18, 1997 01:00 AM

Feb. 3, 1997 FX Energy has set surface casing and is drilling the Orneta #1 well on its 2.4 million acre Baltic Concession in northern Poland. The Orneta #1 is the first well to be drilled in Poland by a western independent oil and gas exploration company testing for oil. RWE-DEA, Hamburg, Germany is the Company's 50% partner in the well. The Orneta #1 is planned to test a Middle Cambrian sandstone at a depth of approximately 8,500 feet. The Company anticipates that the well will take 45 days to drill and an additional 2-4 weeks to test before results will be available. The well is operated by FX Energy through its Polish operating subsidiary Warmia Petroleum, Parker Drilling Company is acting as an adviser to FX Energy and its Polish drilling contractor, Wolomin Drilling.

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