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May 28, 2014
08:21 EDTFXENFX Energy reports Tuchola Field gas volumes
FX Energy announced its internal estimate of gas volumes for the Tuchola field in north central Poland, where the company holds 100% working interest in 730,000 acres. The dynamic flow test data indicate 20 Bcf of gas in place, although a pressure buildup at the end of the test could indicate a somewhat higher figure. This compares to a volumetric mid-point estimate of 19.5 Bcf of gas in place. The company estimates recoverable gas at 60%-65% of actual gas in place. The company also estimates field production of 9 barrels per day of condensate. The company is proceeding with design and permit work to get the Tuchola field into production as early as year-end 2016.
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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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