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Stock Market & Financial Investment News

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April 30, 2014
08:08 EDTFXENFX Energy estimates Tuchola Field production rate at 24Mmcf/d
FX Energy reported estimated production rates based on the production test on the Tuchola-4K well originally reported on April 21. The calculated absolute open flow rate for the Tuchola-4K well was 117 million cubic feet per day, compared to the calculated absolute open flow rate for the Tuchola-3K well of 98 Mmcf/d. The estimated initial stabilized production rate for the two wells combined is expected to be approximately 24 Mmcf/d when production starts.
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July 29, 2014
08:25 EDTFXENFX Energy announces drilling is underway at Karmin-1 well in Poland
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July 21, 2014
07:09 EDTFXENFX Energy expects to see strong growth in reserves this year
FX Energy announced its drilling schedule through the end of 2014. The Company plans to start drilling two wells in August, one well in September and two more wells in the Q4. "We expect to see strong growth in reserves this year," said the company. "We have a great drilling schedule through year end and we think our track record gives us a reasonable expectation that this year's drilling should add significantly to reserves. We also expect to book reserves from our two Tuchola wells at year-end."

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