|
|
News Breaks | | | | November 9, 2012 | | 12:32 EDT |  | FXEN | FX Energy reports Q3 EPS with gain 4c, consensus 1c
Reports Q3 revenue $9.55M, consensus $10M. Excluding a non-cash foreign currency exchange gain of $10.5M, the company would have reported Q3 EPS of (16c). | |
|
News For FXEN From The Last 14 Days Check below for free stories on FXEN the last two weeks. |
|
|
| May 9, 2013 | | 16:02 EDT | | FXEN | FX Energy reports Q1 EPS (22c), consensus 0c
Reports Q1 revenue $9.49M, consensus $9.71M. Included in the company's quarterly results were noncash foreign exchange losses of $9.1M. | | | May 6, 2013 | | 08:23 EDT |  | FXEN | FX Energy details test programs for Plawce, Tuchola wells
FX Energy provided details of the testing programs for the Tuchola-3K and Plawce-2 wells in Poland. The company is in the process of plugging back the well to 2744 meters and plans to run a 7 inch liner to 2690 meters in preparation for testing. Plans call for production tests to begin next week. The decision to complete the Tuchola-3K well as a producing well will be based on the upcoming test results. Meanwhile, the company is finalizing the design of a 3D seismic acquisition program that will cover this structural feature, along with other similar leads in the concession. Field work is anticipated to begin in June, with the goal of identifying additional prospects. The company has budgeted two additional wells yet this year, subject to identifying suitable targets. Three separate fracs have been completed in the Plawce-2 well at depths between 3760 and 4098 meters. Each frac was applied to a zone of approximately 5 meters. Over the next several weeks, each zone will undergo a 5 to 7 day clean up and flow back procedure. Zones that yield a sufficient gas flow will then undergo full production testing. The decision to complete the Plawce-2 well as a producing well will be based on the upcoming test results. Meanwhile, permit and design work on a potential production facility is underway. | |
|
|
|
|
|
|
