FX Energy Inc.

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Description


FX Energy, Inc., an independent oil and gas exploration and production company, engages in the production, appraisal, and exploration of oil and gas properties primarily in Poland. The company primarily focuses on the exploration of Rotliegend sandstones in the Permian Basin, Poland. As of December 31, 2012, its estimated proved oil and gas reserves were 44.1 billion cubic feet of natural gas and 0.6 million barrels of oil, or a combined total of 47.7 billion cubic feet of natural gas equivalent. The company holds oil and gas exploration rights in a range of project areas comprising approximately 2.7 million gross acres in Poland, as well as produces oil from approximately 10,732 gross acres in Montana and 400 gross acres in Nevada. It also provides contract oilfield services, including drilling, workovers, location work, cementing, and acidizing services. The company was founded in 1989 and is headquartered in Salt Lake City, Utah.

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