Market Overview

FX Energy Reports Lisewo-2 Well to be Completed for Production

Share:

FX Energy (NASDAQ: FXEN) reported that the Lisewo-2 well will be completed for production prior to further testing.  The well was drilled to a depth of 3,779 meters and cased to the top of the Rotliegend target reservoir.  A total of 27 meters were cored at the top of the reservoir which showed excellent reservoir quality and gas saturation similar to the Lisewo-1 well.  Planned operations call for completing the well for production. At that time a full scale production test will be done to determine the production parameters.

The Lisewo-2 well was drilled to accelerate production from the Lisewo structure originally discovered by the Lisewo-1 well.  The Lisewo production facility, scheduled to begin producing before the end of the year, is designed to serve both Lisewo-1 and Lisewo-2, in addition to the Komorze-3 well. All three of these wells are located in the Fences concession where the Polish Oil and Gas Company (PGNiG) is the operator and owns 51% of the working interest; FX Energy owns 49%.

Szymanowice-1 well.  The Szymanowice-1 well has reached the base of the Zechstein at a depth of 3,595 meters.  The next operations will include setting and cementing

See full press release

Posted-In: News Guidance Financing Contracts Legal Management Global

 

Related Articles (FXEN)

View Comments and Join the Discussion!
Need corporate guidance data?
Click here to see licensing options.
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Tesla Hands Model S Keys Over to Car-Guy Lawmakers

UPDATE: Morgan Stanley Initiates Coverage on Barracuda Networks on Strong Business Model, Good Upside Potential