Saturday, August 18, 2012

FX Energy commences drilling on Frankowo-1 well in Poland

EBR Staff Writer Published 16 August 2012

American production and exploration firm, FX Energy has announced the commencement of drilling on the Frankowo-1 well in western Poland.

Located at the company's 100%-owned Block 246 concession, the well is planned to test a projected Rotliegend target at a projected depth of 2,100m.

Block 246 concession covers 240,000 acres and is located directly southwest of FX Energy's Fences concession.

The company said the immediate target has potential for up to 50Bcf of recoverable gas on full development.

In addition, a successful test could be indicative of gas charged Rotliegend potential over a larger area in Block 246 concession.

FX Energy's main exploration and production activity is focused on Poland's Permian Basin where the gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England.

Source: http://www.energy-business-review.com/news/fx-energy-commences-drilling-on-frankowo-1-well-in-poland-160812

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